SANTO DOMINGO.– The Reserve Bank of the Dominican Republic announced that it will hold two real estate fairs this coming weekend, from March 22nd to 24th, focused on attracting investment to the country through the Dominican diaspora residing in the United States.
Tu CasaRD and Plusval Dominicana are among the leading real estate firms that have announced their participation in the event, which aims to boost investment among Dominicans residing there, as well as potential clients in that market interested in bringing capital to the country to invest in properties.
From the 22nd to the 24th of this month, Banreservas will showcase the wide variety of Dominican properties at the Radio Hotel, 12th floor, entrance 181 Street (Washington Heights), New York, from 9:00 AM to 8:00 PM; while on the 23rd and 24th, it will be at the 51 Lawrence Family, Development Charter School, 1st floor, Lawrence, MA, at the same time.
In statements to the newspaper Hoy, businessmen Brian A DePeña and Rafael Danilo Guzmán (Danilito), the former mayor of the city of Lawrence and the latter president of the Cibao Atlantic Tourism Consortium, explained that with this initiative, Dominican businessmen who make investments in their country will have many offers, with preferential rates.
“We are truly more than pleased, because with these windows of opportunity, our economy, both in particular and in general terms, will have a new horizon, because with the facilities that could be derived from this great fair, we would have the opportunity to make investments in different fields of the economy of our country of origin, especially in the tourism area,” said Guzmán and DePeña.
Real estate agencies will be present
Plusval Dominicana and TuCasaRD are two of the country's leading real estate companies that will be present at the event, according to their social media posts.
“Access preferential rates and pre-approval of mortgage loans to acquire the best properties in the locations with the greatest tourist growth,” Plusval details on its Instagram account.
For its part, TuCasaRD is calling on those interested in investing in the Bávaro-Punta Cana tourist area to attend both fairs. “At our event, we will give you all the information you need and all the financial tools available to you,” the real estate company highlights on its Instagram.
NY office
In September of last year, Banreservas inaugurated its first representative office in the United States, seeking to facilitate banking services to the Dominican diaspora, which numbers almost three million people.
