Real estate investment in the pre-development phase in the Dominican Republic is more profitable compared to the US or Canada for several reasons, including:

• Lower property prices. Pre-development properties in the Dominican Republic are typically priced significantly lower than comparable properties in the US or Canada. This is because the Dominican Republic is still a developing country, and there is a large supply of land available for development.
• Higher rental yields. Rental yields in the Dominican Republic are typically higher than in the US or Canada. This is due to several factors, including the country’s growing tourism industry and its relatively low cost of living.
• Strong capital appreciation potential. Capital appreciation potential is the potential for a property to increase in value over time. The Dominican Republic is experiencing rapid economic growth, and this is driving up the value of real estate in the country. Pre-development properties are expected to benefit the most from this trend, as they will be completed and ready for occupancy when the economy is even stronger.
• Favorable tax regime. The Dominican Republic has a favorable tax regime for real estate investors. For example, there are no capital gains taxes on the sale of real estate, and there are a number of tax breaks available for foreign investors.
• Growing tourism industry. The Dominican Republic is a popular tourist destination, and the tourism industry is growing rapidly. This is creating a strong demand for rental properties in the country. Pre-development properties in tourist areas are expected to be in high demand in the coming years. 

Here is a table comparing the key factors that affect the profitability of real estate investment in the Dominican Republic, the US, and Canada:

 

Better returns with lower investments is an opportuntity for all budget levels

Overall, the Dominican Republic offers several advantages for real estate investors, particularly those looking to invest in pre-development properties. With its lower property prices, higher rental yields, strong capital appreciation potential, favorable tax regime, and growing tourism industry, the Dominican Republic is a great place to invest in real estate.
It is important to note that investing in pre-development properties comes with its own risks. For example, there is the risk that the project may not be completed on time or on budget, or that the finished product may not be of the quality that was expected. It is important to do your research and invest only with reputable developers.