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Santiago de los Caballeros or simply Santiago is the second-largest city in the Dominican Republic, and the fourth-largest city in the Caribbean. It is the capital of the Santiago Province and the major metropolis in the north-central region of the country. Its urban population reaches 550, 753 inhabitants, and if rural areas are included its population rises to 691, 262. Santiago is located approximately 155km northwest of Santo Domingo with an average altitude of 178 meters. Founded in 1495 during the first wave of European settlement in the New World, the city is the " first Santiago of the Americas ". Today the city is one of the Dominican Republic's cultural, political, industrial, and financial centers. Due to its location in the fertile Cibao Valley it has a robust agricultural sector and is a leading exporter of rum, textiles, and cigars. Santiago is known as " La Ciudad Corazón ". HistoryThe colony originally was located in the city of Jacagua, which was founded in 1495, but when it was destroyed by an earthquake it was moved to its current location in 1506. In granting in 1508 the Royal Privilege of Concession de Armas to the Villa de Santiago of Hispaniola, the heraldic emblem that was included in his shield was venerated. The royal decree signed by King Ferdinand as administrator of the kingdoms of his daughter Joanna I of Castile.
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