Written By: Jacquelyn Annete García Vadnais The Dominican Republic has been an established tourism destination for many years due to its unique local culture, and incredible location in the Caribbean. Recently, foreign investors have been interested in acquiring properties in the Dominican Republic due to the many benefits that owning property in the Dominican Republic has to offer. Santo Domingo is one city within the Dominican Republic that offers a great potential to prospective real estate investors given that it is the epicenter of commerce within the Dominican Republic. If you are considering investing in real estate in Santo Domingo, it is highly recommended to review the important information below: A Brief History of the Dominican Republic The Dominican Republic has a rich and diverse history . In 1496, the Spaniards established the first Spanish colony in the Western hemisphere in what is now modern-day Santo Domingo. Santo Domingo ended up serving as the capital of all