This is according to a study by travel magazine Travel+Leisure for foreigners living their retirement years.
The Dominican Republic is the third best country among those evaluated in a study by the specialized travel magazine Travel+Leisure for foreigners to live their retirement years.
The Caribbean nation is only surpassed by Panama and Portugal in a list of the 12 best countries for foreigners to live in during their retirement.
The country beats Spain, Costa Rica, Malta, Ecuador, Mexico, Colombia and the United States on the list, in the same order.
Among the advantages that the Dominican Republic has for foreigners who want to choose its territory to enjoy their retirement years, Travel+Leisure points out the low cost of living, which is, as it explains, 55 percent lower than in New York. In the specific case of rent, it says it is 90 percent lower than in New York.
In addition, he highlights the advantage of the location, two hours from Miami.
It also points out as an advantage that the country has quality health services at reasonable prices.
Likewise, the publication highlights that in addition to the hospitality of Dominicans and its beautiful beaches, the country has several domestic destinations, which enriches its tourist offer for travelers.
In recent years there has been a growth in the demand for a second home in the country by foreigners of retirement age and evaluations such as the one by Travel+Leisure magazine contribute to strengthening this trend.
Generally, when foreigners decide to look for a second home they take into account a multiplicity of factors, including the cost of living, a safe environment, first-world facilities, and comfort.
The Dominican Republic has already earned a reputation as a destination for foreigners seeking to enjoy their retirement in the country.
The outlook is that the tourism segment will continue to grow as the population of industrialized countries continues to age.
Obviously, the growth of this market segment represents great challenges for the country, which must continue to make investments in communication infrastructure, health, and safety, along with other aspects that are great attractions.
Source: