Laws

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...

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...

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...