July 2024

Whitesands townhouses Blu Terrenas project

Essential checks when buying property in the DR

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....

Invest your savings in the Dominican Republic

Preserve your savings and invest now in Punta Cana

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...

Exterior view of Zafiro pool side, Las Terrenas

FIDEICOMISO and real estate boom in the Dominican Republic

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...

Shaddai Santo Domingo

Economic growth in the Dominican Republic in 2024

Economic growth Since 2012, the Dominican economy has been the fastest growing in Latin America, with average GDP growth of around 6% over the past decade. The country has based its economy on agriculture, trade, the service sector and the tourism industry, with a strong emphasis on free trade zones, mining and tourism. Lately, the country has recorded sustained economic growth, with GDP rising to...

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