2024

Punta Cana, a prime destination for real estate investments, is experiencing significant growth and development. The region's appeal lies in its beautiful beaches, favorable tax incentives, and a robust tourism industry ensuring strong rental demand. With the implementation of the CONFOTUR law (law 158-01), investors benefit from tax exemptions on property taxes and import duties for up to 15 years,...

The CONFOTUR Law, or Law 158-01 on the Promotion of Tourism Development in the Dominican Republic, is a legal framework designed to attract and promote investment in the country's tourism sector. As you may have seen from the property listings, especially the new projects sold off-plan, most of them benefit from the CONFOTUR Law. Here's a detailed explanation of its main aspects: Aim of the law The...

In the Dominican Republic, you can register your property title in your own name or in the name of a company, and each method has its own advantages and disadvantages: In your own name Advantages Administrative simplicity: Registering a property title in your own name simplifies the legal and administrative procedures associated with ownership. There is no need to create and manage a legal entity....

For foreigners who wish to manage their inheritance in the Dominican Republic, several options and considerations emerge from the available information and current trends. 1. Retired status - The Dominican Republic offers tax benefits to retirees, including tax exemption on pensions. A foreigner can benefit from this status by proving a minimum income and providing a medical certificate. This could be a...

Know-how and its dissemination: why is this topic of common interest with real estate? Simply because it's related to expatriation, relocation and therefore real estate investment. For several years now, the Dominican Republic has been experiencing its "30 glorious years". All the hotel, tourist and restaurant services, all the construction and lifestyle trades (starting with architects, electricians,...

Let's be clear: the goal of an estate agent is nothing more or less than finding you the right property and earning a commission on the sale. It all starts with a dream Imagine arriving in the Dominican Republic for the first time, falling in love at first sight, looking at the windows of real estate agencies, then going inside to find out about investment opportunities. And then it's explained to...

When it comes to investing in Punta Cana today, and given the financial movements of recent days, it's important to understand that what happened to real estate in the United States during the 2008 crisis has nothing to do with the current Real Estate Boom in the Dominican Republic. So what exactly happened in 2008? The 2008 financial crisis in the United States, also known as the subprime crisis, was...

When considering the purchase of real estate, it is imperative to carry out a number of essential checks to guarantee a safe transaction that complies with Dominican Republic legislation. These checks are as follows: 1. Legal examination Check the legal status of the property with the relevant Registry of Title Deeds to ensure its legitimacy and legal validity. Check the seller's legal status, i.e....

Once again, I stress the importance of investing your savings in the Dominican Republic It's time to invest your savings in real estate, where the economic and political stability of the Dominican Republic is unquestionable, and has been for over 20 years now. If 20 years ago it was still a gamble to move here, ten years later those who took the plunge before the 2008 crisis have already multiplied...

The FIDEICOMISO, in the Dominican Republic, is a legal instrument that enables the creation of a trust. It is used for a variety of purposes, including real estate management, investment and estate planning. In the real estate context, the FIDEICOMISO can be used to protect the interests of buyers when purchasing property. In this case, the seller transfers legal ownership of the property to a trustee...