Dominican Republic

The Dominican Republic is a country on the Caribbean island of Hispaniola. The primary language of Dominican Republic is Spanish with English becoming more common. Tourism has been very popular since the mid-1980s because of the favorable climate, beautiful beaches, restored Spanish colonial architecture, and relatively low prices. The major investment cities are Punta Cana and Santo Domingo. Dominican Republic is investor friendly with clear and transparent legislation and tax benefits for vacation rentals and luxury properties with privileged locations.

Average ROI (Return on Investment)

• ~7%-8% ROI
• ~Appreciation & resale is 30%

Are Short Term rentals allowed?

• ~no restrictions

Taxes

• ~properties purchased under the CONFOTOR Program there is no property taxes
• ~for AirBnB rentals there is no taxes
• ~standard tax rate is 18%

Insurance

• ~ for $200,000 investment= $1,500 per year

Major Airport Cities

• ~Santo Domingo and Punta Cana

Down Payment

• ~ 30% down payment for completed properties
• ~ financing available for up to 70%

Type of Ownership

• ~ Title Deep in Owners Name

Property Management

• ~Fees are between 15-20%

Investment Visa

• ~Can be obtained as long as investment exceeds $200,000