Factor scores

How Dominican Republic performs

Tax

84.4

Very strong

Lighter than most. Taxes here are below average: the Dominican Republic is 38th of 123. Most people keep a good share of their income and business profit. Personal income tax 15% - 27%, corporate tax 27% or 30%, VAT 18%.

Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)

Safety

59.2

Moderate

Average safety. Safety here is about average for the countries we cover: the Dominican Republic is 71st of 117.

Source: Institute for Economics and Peace, Global Peace Index

Cost of Living

81.9

Very strong

Average cost. Everyday costs are mid-table: the Dominican Republic is 53rd of 118.

Source: Numbeo Cost of Living Index

Education

35.3

Weak

Below average. Education here is weaker than in most countries we cover (85th of 120). Families may want to look at international schools.

Source: UNDP & MBRF, Global Knowledge Index

Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.

Tax and citizenship

The detail behind the scores

Taxation

Corporate income tax	27% or 30% Applicable tax rate varies based on the fiscal year and the amount of income earned.
Personal income tax	15% - 27% Applicable tax rate varies based on the amount of income earned
Standard VAT	18%

Rates change without notice. Confirm with the relevant tax authority before acting.

Naturalization Requirements and Immigration Pathway

Residence for naturalization: 7 years
Language requirement: No
Investment Immigration Pathway: Dominican Republic Residency by Investment
Official language: Spanish
Dual citizenship: Allows dual citizenship

Compare

Elsewhere in Caribbean

#93 baseline

Trinidad and Tobago

Baseline score 60.6

#103 baseline

Jamaica

Baseline score 59.1