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Everything you need to know before taking the next step in your real estate investment.
Yes, the Dominican Republic has a solid legal framework that protects foreign investment, offering the same property rights as local citizens. In addition, we have development laws such as CONFOTUR that grant tax benefits.
It is the Tourism Development Law. If you invest in a project covered by this law, you will be exempt from paying the transfer tax (3% of the property value) and the Real Estate Property Tax (IPI of 1% annually) for up to 15 years.
The ROI in high-growth tourist areas like Punta Cana or Miches is usually around 8% to 12% per year for vacation rentals, depending on the management and specific location of the property.
Absolutely. The process can be done remotely through a power of attorney or digital signatures, allowing you to secure your investment from the comfort of your home.