What Taxes Apply When Buying Property With and Without CONFOTUR?

When acquiring real estate in the Dominican Republic, buyers are generally subject to a 3% property transfer tax, calculated based on the higher of (i) the value assessed by the Dominican Tax Authority (DGII) or (ii) the declared purchase price stated in the deed of sale. This tax is typically payable as a condition for […]

Miguel Brache

Law Degree from Pontifica Universidad Católica Madre y Maestra (PUCMM) and holds a Master’s Degree in Financial Markets Law also from PUCMM. Expert in Civil Law, Real Estate, Corporate Law, Economic Regulation, and Administrative Law. He has extensive experience in private practice in business law, litigation and conflict resolution.

alterlegal

Jose A. Fernández C

A graduate of the Universidad Iberoamericana (UNIBE) in Santo Domingo. Holds a Masters Degree in Arbitration, Alternative Dispute Resolution, and Mediation from the European Institute of Tax Consultancy, Granada, Spain, and a Master Degree in Corporate Law from Pontificia Universidad Católica Madre y Maestra (PUCMM). Expert in Real Estate Law, Corporate Law, Business Law, Conflict Mediation and Tax Advisory. He also has extensive knowledge in Contract Law, Foreign Investment, and Tourism Law. Member of the National Association of Young Entrepreneurs (ANJE).