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Founded in 1495 during the first wave of European colonization of the New World, today Santiago de los Caballeros (the first "Santiago" of America) is the second most important city in the Dominican Republic on the island of Hispaniola. Also known as Santiago de los 30 Caballeros. It is the capital of Santiago Province. The city served many times as the capital of the nation but not for long periods of time. Many wanted Santiago as the main city for it's rich fertile lands and it' central location.