In recent years, kiteboarding has garnered a loyal following amongst entrepreneurs. It’s not hard to see why many have taken to this amazing sport. Sir Richard Branson, founder of the Virgin Group, is an avid kite surfing enthusiast that loves Cabarete. The billionaire businessman spends time kiting here and is rumored to have purchased property.
Cabarete, Dominican Republic has long been a favorite of foreigners looking for an escape from modern day living. With its tropical sunny climate, perfect mix of wind and waves, and friendly, laid-back beach town vibe, it isn’t hard to understand why. After spending an afternoon or two playing in this fun ocean town, one starts to think “I could live like this….”, and that’s how it begins.
With the internet age providing total connectivity, many people enjoy a borderless office, meaning they have the flexibility to work from anywhere in the world. The popular sport of kiteboarding entices many, especially entrepreneurs with an affinity for risk. With so many savvy tech and business development people buzzing around town, deals are bound to be made in the sand. After all, kiteboarding is considered the ‘new golf” when it comes to business leisure activities.
Branson isn’t alone in his discovery of this world-class spot. Mai Tai, the tech event pairing investors and entrepreneurs, is held every year in Cabarete (along with other hot locales such as The Hamptons, and Maui). Founders Bill Tai and Susi Mai run the organization, MaiTai Global, which brings entrepreneurs and kiteboarding professionals from all over the world together for four days of kiteboarding, panel discussions and brainstorming.
Cabarete has also been claimed by Internet entrepreneur and investor Fabrice Grinda. He was featured in a New York Times article about a project he is establishing in the area, and has coined Cabarete “the Silicon Valley of the Caribbean”. As he searched for a destination that could serve as a respite from New York and a great location to live, he chose Cabarete after an exhaustive search that included top destinations such as Miami, the Bahamas, Anguilla, the BVI, Costa Rica, Cancun, Tulum, Belize, Bonaire, Playa Grande and Punta Cana.
Below, see an excerpt from Fabrice Grinda’s list of “Why I chose Cabarete”…
- Local people are really nice
- It has 2 daily three and a half hour flights from NY
- Puerto Plata airport is 20 minutes from Cabarete
- There are countless other daily flights to Santiago, 80 minutes away
- Outside of Cabarete land is inexpensive
- Labor costs around $200 / month
- Super high end construction costs only $150 / square foot
- Immigration laws are lax
- The water temperature is 77 degrees in the winter
- There is wind almost every day from January to September (with a wind probability over 90% in the summer and around 70% the rest of the time)
- The rainy season is limited to October 15 – December 15 and even then you still have a 50% wind probability
If you haven’t already discovered Cabarete, one of the best ways to get to know the area is by staying in a private villa at Sea Horse Ranch. Here you can enjoy luxury amenities such as an Equestrian Center, Tennis Club, gourmet restaurant, 24 hour security and concierge service, as well as proximity to all of the nearby spots for kiteboarding, surfing and adventure. You might find our little corner of paradise as inspiring as many eminent trailblazers have.