Santo Domingo, is the capital and largest city in the Dominican Republic. Santo Domingo is the centre of economic activity in the Dominican Republic. Many national and international firms have their headquarters or regional offices in the city. The city attracts many international firms and franchises due to its geographic location, stability and vibrant economy. The Dominican Republic is in the Caribbean, and consists of the eastern two-thirds of the island of Hispaniola, between the Caribbean Sea and the North Atlantic Ocean, east of Haiti. The climate is tropical maritime with seasonal variation in rainfall but little seasonal temperature variation. The official language is Spanish. While most business is conducted in Spanish, English is widely spoken, particularly in the cities. The main religion is Christianity. The economy of the Dominican Republic is the largest in Central America and the Caribbean. It is a upper middle-income developing country. Business introductions are usually formal but can differ depending on the organization. It is expected to use formal professional titles followed by surname. Expatriate business dress is formal. While business is male-dominated, expatriate women in management roles are generally accepted by Dominicans. The security risk for expatriates in the Dominican Republic is medium. Risks include general crime such as pickpocketing and bag-snatching, as well as risks related to demonstrations. Other risks include those related to hurricanes. The currency of the Dominican Republic is the Dominican R. Peso (DOP). US Dollars are easily exchanged. Credit card cloning is common. It is generally safer to use cash. Private medical facilities and medicines are generally of a good standard, however these can be expensive for expatriates. Cases of Zika virus, chikungunya virus, cholera and dengue fever have been reported. The population of Santo Domingo is 2.9 Million (Metro) (2018 est.), while the inflation rate (CPI) is 4.05% for the Dominican Republic as at April 2018. For a single Expat, the personal income tax rate in the Dominican Republic is progressive up to 25%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Santo Domingo, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Santo Domingo as at 1 April 2018 is high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Average 2) Clothing: Average 3) Communication: High 4) Education: Average 5) Furniture & Appliances: High 6) Groceries: Average 7) Healthcare: Average 8) Household Accommodation: Very High 9) Miscellaneous: Low 10) Personal Care: Very High 11) Recreation & Culture: Average 12) Restaurants Meals Out and Hotels: Low 13) Transport: Average Santo Domingo is for example 15.4% more expensive than Houston TX for groceries, 67.1% more expensive for household costs than Kuala Lumpur, and 12.8% more expensive for transport costs than Dubai. The hardship premium for Santo Domingo for an expat from Perth, is for example 30%, i.e. host location (Santo Domingo) premium of 40% minus home (Perth) location premium of 10%. Santo Domingo is ranked as a extreme hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Santo Domingo? Register subscribe to your home location and Santo Domingo and run your personalised reports.