Real estate in the Dominican Republic

1. Any nationality

   The law gives foreign investors the same rights as citizens, save the exceptions it sets; land can be held in your own name or through a company.

   Law 16-95 on foreign investment

2. Protected by the State

   Once registered, a title does not lapse with time and is protected by the State.

   Law 108-05

3. 3%

   Transfer tax, paid once, on purchase.

   DGII, the Dominican tax authority

4. 15 years

   Of tax exemptions for tourism projects approved under CONFOTUR, counted from completion of the project’s construction and fitting-out.

   Law 195-13 (CONFOTUR)

5. 1%

   Annual property tax — only on the value above the exempt amount.

   DGII, the Dominican tax authority

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