2014News

Over ten thousand High Net Worth Individuals in the country

According to a recent report there were 10,519 High Net Worth Individuals (HNWI) in the Dominican Republic in 2013. These HNWIs held US$43 billion in total wealth, with the average wealth per HNWI being US$4.1 million. In 2013, HNWI numbers in the country increased by 5.5%, following a 6.5% increase in 2012. Growth in HNWI wealth and numbers is expected to improve over the forecast period. The number of Dominican Republic HNWIs is forecast to grow by 27% to reach 14,278 by 2018, and HNWI wealth is expected to grow by 37% to reach US$66 billion by 2018. At the end of 2013, Dominican Republic HNWIs held 31.0% (US$13 billion) of their wealth outside their home country, which is higher than the global average of 20n30%.

Read more:

http://www.reportsnreports.com/reports/291978-dominican-republic-wealth-report-2014.html.

http://www.motoemag.com/2014/07/14/2014-dominican-republic-wealth-market-report-forecasts-hnwis-wealth-to-grow-by-37-by-2018-available-at-reportsnreports-com/