If you are not aware that there are publicly traded companies in the DR, then my question for you is: WHY do you think you want to invest in the DR, and why do you see nothing but good things to come for the next 5-10 years?
Please support your statement with things that you have seen or researched to lead to your conclusion. What are you basing your conclusion on?
Here what I see in the DR (having lived here for about 7 years):
1. The government now officially recognizes an 18% unemployment rate (the highest in Central America and the Caribbean) (they used to say it was 9%, and perhaps another 20% under-employed)
2. An arrogant government leadership who thinks it is more important to spend $1 billion US on building a friggin subway, BEFORE fixing the electricity problem, building or properly equipping public schools, doing anything about lessening official corruption and/or theft of public resources (the current government makes Hipolitoś government look like amateur idiots)
Why do the people need more public transportation if they don't have jobs to go to, and no money to go spend?
3. A Central Bank who is running the printing presses faster than ever to continue the illusion, while totally mortgaging the country's future with debt that some other administration will need to address (is this a lesson learned and encouraged by the US government?)
The only thing I can think of is that you saw a blurb that you can get paid 15% or 20% interest on your money, and your local bank will only give you 5% or 6% or whatever. Why NOT the DR? What a wonderful place.
Looking forward to your insights on the Dominican investment climate.
