Investing in Property in Dominican Republic

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It's just like it is in the U.S. and Canada.

People list their properties, either through an agent or on their own. Buyers connect with sellers, negotiate prices and finalize the deal with the help of lawyers. 

Both buyers and sellers have full legal protection.

There are rules that everyone has to follow and these are strictly enforced.

All properties are fully titled. (In other words, ownership of property is documented by "Certificates of Title", which are issued by Title Registry Offices.

Bottom line, as an investor, you have the same legal protections that you would have if investing in property in the U.S., Canada and Europe.

Villas, condos, commercial buildings, especially tourism-related like hotels.

Turnkey opportunities

Customized opportunities

Some investors are looking for something different. It's possible to purchase land and develop it yourself. Dreaming D.R. provides our expertise.

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In the D.R. if you buy a property that's been granted confotur, you get the following tax incentives: 

• 0% Transfer Tax – Exempt from paying  3% transfer tax
• 0% Transfer Tax – Exempt from paying  1% property tax over the tax base amount.
• 0% Income Tax – Exempt from paying  20% income tax on rental income received
• 15 Year Benefit – The above exemptions run for a period of 15 years.

Key takeaways:

• Tourism is booming.
• Major cruise lines and hotel chains are making huge investments.
• Demand has exploded for private villas and condo rentals.

Thanks to the pandemic, people are now looking for non-resort options. They want more privacy. They want a home away from home. Which is why there's such a demand for villa and condo rentals.