Invest in the Dominican Republic
The Dominican Republic has been one of the most popular destinations in the Caribbean for many years. Due to the year-round exceptional climate and the quality of life that can be found there, more and more people are investing and staying in the Dominican Republic for a few months a year.
Thanks to the international airports of Santo Domingo, La Romana and Punta Cana, the Dominican Republic currently has very good connections to Europe, North America and South America. The Dominican Republic is much closer than you think.
Enjoy the beautiful beaches and the beautiful weather.
Real estate prices in the Dominican Republic, which are much lower than in North America or Europe, will offer you a real opportunity.
Both on the coast and on a golf course in Punta Cana or Bayahibe awaits you
the villa or apartment of your dreams.
Any foreigner can purchase real estate in the Dominican Republic without conditions.
A purchase is processed as usual with a notary who is approved in the state district.
The real estate transfer tax after the purchase is 3%, furthermore there is a notary fee of 1%.
Sellers pay commissions in the Dominican Republic.
The transfer of the title can be done smoothly and unbureaucratically with the help of a lawyer.
The Dominican pesos is the national currency and has been stable so far. The currencies dollar and euro can be changed anywhere in the country, and a normal bank card can also be used to withdraw money from any ATM.
For a residence in the Dominican Republic, you must first contact the Dominican Consulate General in your home town to apply for a visa, which is required for further processing for a residence in the Dominican Republic.
3 good reasons to invest ...
Quality of life
Living in Dominican Republic also improves your quality of life. Enjoy the low cost of living, which offers you a nice extra in a warm and sunny climate. Here you can benefit from all tropical fruits, fresh fish and much more.
The costs for craftsmen, taxes and energy ... are also very cheap.
Pleasure or profitability?
And why not both! If you don't live in your house, you can make it profitable by renting it out. The Dominican Republic is no longer just a destination for all-inclusive hotels, but also a destination where you can rent. Many agencies are responsible for renting and take care of everything that is necessary to rent your property profitably. We are happy to do it for you!
Please contact us!
The still low real estate prices and the growing interest of both Dominican and foreign customers herald a growth of the real estate market for the coming years, which makes Dominican goods an excellent investment. In addition, the annual real estate tax is only 1% on the added value of RD $ 7,438,197 of the estate.