Can Foreigners Legally Own Property in the Dominican Republic? What Punta Cana Lawyers Want You to Know.
One of the first questions foreign buyers ask when considering real estate in the Dominican Republic is whether they are legally allowed to own property. The short answer is yes — foreigners may freely own property in the Dominican Republic, with the same rights and protections granted to Dominican citizens. Dominican law does not impose […]
Clarification on Territorial Taxation and Fiscal Residency Rules for Foreign Residents in the Dominican Republic
1. Overview The Dominican Republic operates under a territorial tax system, meaning that individuals are generally taxed only on income obtained from Dominican sources. This principle distinguishes the country from jurisdictions that apply a worldwide income approach. The Dominican Tax Authority (DGII) recently reaffirmed that the local tax regime does not follow the principle of […]
Benefits of Purchasing a Property under the CONFOTUR Regime through an SRL
Below we detail our legal opinion on the advantages of acquiring a property under the generous incentives offered by Law 158-01 on Tourism Development Promotion (CONFOTUR) through a Limited Liability Company (SRL) in the Dominican Republic. This approach not only maximizes fiscal and commercial benefits but also provides robust legal protection and remarkable flexibility in […]
Benefits of CONFOTUR
CONFOTUR aims to develop less-served tourist areas in the Dominican Republic and promote environmental protection in those regions.
Key Considerations for Choosing the Corporate Structure of Your Real Estate Purchase in the Dominican Republic
Unlocking the potential of your real estate investment in the Dominican Republic: Dive into the advantages of versatile corporate structures, CONFOTUR certification, and integrating with existing estate plans for optimized outcomes.
Four Basic Legal Recommendations When Choosing a Partner for Your SRL in the Dominican Republic for Real Estate Purchase
Choosing a partner for your Sociedad de Responsabilidad Limitada (SRL) in the Dominican Republic to purchase real estate is a significant decision that carries both opportunities and risks.
The Importance of Proper Guidance in Choosing the Corporate Structure for Your Apartment in the Dominican Republic, Especially if You’re a Foreign Investor
When buying a pre-construction property, it’s essential to carefully consider the legal aspects involved.
