Dominican Republic
Caribbean · North America
Population
11.2M
GDP (Nominal)
$124.6B
Capital City
Santo Domingo
Currency
DOP (RD$)
Avg Salary
$400/mo
Region
Caribbean
Livability Index 2026
39.4/100
Cost of Living
6/100
Avg Salary
40.4/100
Safety
58.3/100
Healthcare
50/100
Education
58/100
Overall Livability
Institutional Summary
The Dominican Republic is the most visited destination in the Caribbean, boasting a booming economy driven by tourism, manufacturing, and mining. It has become a massive magnet for expats and retirees due to its low cost of living, beautiful beaches, and highly favorable 'Pensionado' and 'Rentista' visa programs. However, expats must navigate safety concerns outside of tourist zones and rely on private healthcare.
Cost of Living
Monthly Rent (1BR)$400
Monthly Groceries$200
Monthly Transport$30
Utilities & Internet$100
Estimated Total Monthly
$730 /person
AI Algorithm Summary
Major Strengths
- • Extremely affordable cost of living
- • Accessible immigration and visa pathways
Algorithmic Red Flags
- • Significant safety and crime concerns (Score: 40.4)
Economic Performance
📊 GrowingGDP Per Capita
$11,125
Inflation Rate
3.3%
Unemployment
5.4%
5-Year GDP Trend
Migration & Visa
Residency Visa (RS)
Pensionado Visa (Retirees)
Rentista Visa (Passive Income)
Visa Difficulty
3/10
PR Eligibility
Fast-tracked for Pensionado/Rentista holders
Employment Landscape
Avg Monthly Salary
$400
Trending
Top Performing Industries
Tourism & Hospitality
Free Trade Zones (Manufacturing)
Mining (Gold, Ferronickel)
Agriculture (Sugar, Tobacco)
Social Indicators
Life Expectancy
74.1 Yrs
Literacy Rate
94%
Top Universities (QS Rank)
Instituto Tecnológico de Santo Domingo (INTEC)#1000
Pontificia Universidad Católica Madre y Maestra (PUCMM)#1200
Compare Dominican Republic
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