Frequently Asked Questions
Everything you need to know about investing in real estate in the Dominican Republic as a foreigner, from the buying process to legal details, payment plans, and what it’s like to work with us.
Getting Started
Yes. Foreigners have the same property ownership rights as Dominican citizens. There are no special restrictions, which makes the DR attractive for international investors.
No. You can purchase property without residency. Many buyers invest before ever becoming residents.
It depends on the property type and location, but many opportunities begin in the low to mid six figures, especially with pre-construction options that offer payment plans.
Not always. Many parts of the process can be handled remotely, but visiting is highly recommended so you can experience the area and property firsthand.
Buying Process
The process includes selecting a property, placing a reservation deposit, signing a contract, making scheduled payments, and completing the closing. We guide you through each step.
Ready properties can close in a few weeks. Pre-construction projects typically take 1 to 3 years depending on the development timeline.
Yes. Many pre-construction developments offer flexible payment plans throughout the construction period.
Financing is limited compared to the U.S. Most foreign buyers either use cash or take advantage of developer payment plans.
In addition to the purchase price, buyers should expect a 3% property transfer tax, based on the government’s assessed value. This tax may be waived if the property qualifies under the CONFOTUR law.
You may also have legal fees, notary costs, and, if financing, bank-related fees.
While these costs are standard, it’s important to factor them into your overall investment.
Do I have to pay yearly property taxes
In the Dominican Republic, annual property tax (IPI) only applies if the total assessed value of your real estate exceeds RD$10,695,494 (approximately $170,000–$172,000 USD as of 2026).
If your property value is below this threshold, you do not pay annual property tax. If it exceeds the threshold, a 1% tax is applied only to the amount above it.
Some properties may also qualify for exemptions, such as those under certain incentive programs like CONFOTUR.
In addition to the purchase price, buyers should expect a 3% property transfer tax, based on the government’s assessed value. This tax may be waived if the property qualifies under the CONFOTUR law.
You may also have legal fees, notary costs, and, if financing, bank-related fees.
While these costs are standard, it’s important to factor them into your overall investment.
Do I have to pay yearly property taxes
In the Dominican Republic, annual property tax (IPI) only applies if the total assessed value of your real estate exceeds RD$10,695,494 (approximately $170,000–$172,000 USD as of 2026).
If your property value is below this threshold, you do not pay annual property tax. If it exceeds the threshold, a 1% tax is applied only to the amount above it.
Some properties may also qualify for exemptions, such as those under certain incentive programs like CONFOTUR.
Legal & Security
No, hiring a lawyer is not legally required to purchase real estate in the Dominican Republic. However, many buyers choose to work with an independent real estate attorney to ensure their interests are fully protected throughout the transaction. Ultimately, it comes down to your comfort level, but having a professional review your purchase is always a smart layer of protection.
We perform due diligence on developers, titles, and documentation before moving forward with any investment.
Yes, but they are relatively low compared to the United States, and some properties may fall below the taxable threshold.
The biggest risks come from buying without proper guidance, not verifying the developer, or choosing the wrong location.
Investment Strategy
Returns vary based on location and strategy. Punta Cana is known for short-term rental income, while Santo Domingo offers long-term stability and appreciation.
Yes. Many investors purchase property specifically for rental income, depending on the area and strategy.
It depends on your goals. Punta Cana is ideal for short-term rental income, while Santo Domingo offers more consistent long-term demand.
It can be a great option if you're looking for lower entry pricing, flexible payments, and potential appreciation before completion.
Working With Us
Because we bring both sides of the equation.
Jay helps you understand the lifestyle, the move, and the bigger picture from real experience living here.
Milta handles the real estate side, making sure everything is done professionally and correctly.
Together, we guide you from interest to ownership.
Most people either get information with no execution, or execution without real guidance.
We combine both, so you can move forward with clarity and confidence.
We review your information, understand your goals, and reach out to connect. From there, we guide you toward the best opportunities based on your budget and timeline.
Still Exploring?
No problem. If you're still in the early stages, the best thing you can do right now is educate yourself and explore what’s available.
We recommend:
- Viewing current investment opportunities
- Understanding the buying process
- Getting a clear idea of what your budget can realistically get you
Once you’re closer to making a decision, that’s when it makes sense to connect directly so we can guide you based on your goals.
Start Here
Ready to Take the Next Step?
If you’re serious about investing or purchasing property in the Dominican Republic, start here and we’ll guide you based on your goals, budget, and timeline.