DR1 Daily News - Dominican Republic

The close ties Dominican expats maintain with their homeland continues to manifest itself. Remittances continue strong. The Central Bank of the Dominican Republic (BCRD) reported that remittance inflows reached US$3.02 billion during the first quarter of 2026 (January–March), marking a 1.9% increase compared to the same period in 2025.

Dominicans living abroad send back their savings to help family and friends, and to invest in their future retirement in the country.

In March 2026 alone, the country received US$1.15 billion, a 3.5% year-on-year increase and a significant 29.5% jump from February 2026. This growth occurred despite international volatility caused by Middle Eastern conflicts, which have driven up fuel prices and pressured household disposable income.

Key drivers and US economic dataThe surge is primarily attributed to the Dominican diaspora in the United...