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...
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...
by Sylvain Maufrais 
Real estate investments in the tourism sector in the Dominican Republic benefit from a number of tax advantages. Here are some of the main tax advantages offered, on certain real estate projects, under the CONFOTUR law (Concesiones Fiscales y Otras Facilitaciones para el Desarrollo de Proyectos Turísticos), which aims to stimulate the development of tourism infrastructure in the country: Exemption...
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