Dominican Republic’s Residential Property Market Report 2024 Residential property prices in the Dominican Republic continue to increase, supported by strong demand from both local buyers and international investors. In May 2024, the average price of apartments rose by 7% to DOP118,304 (US$1,980) per square meter (sqm) as compared to the same period last year, according to figures […]
Blu Terrenas Las Terrenas Samana Dominican Republic Complies with Legal Requirements The project executives reported that the construction of the project has not violated Law 64-00 on the Environment and Natural Resources of the DR. The company executives indicated that, since the conception of the project, they have carried out the relevant procedures for the management of […]
Who Pays Property Taxes in the Dominican Republic Taxes and Expenses on Property Transfers Taxes must be paid before filing the purchase at the Title Registry Office. Taxes and expenses on the conveyance of real estate are approximately 3.1% of the government-appraised value of the property, as follows: • 3% Transfer Tax (Law # 288-04) […]
Government invests RD $ 176 million for start works in Las Galeras Samana Las Galeras Samana – President Luis Abinader, together with the Minister of Tourism, David Collado, left the reconstruction works of the Plaza de Vendors, the rehabilitation of the pedestrian access to the beach of Las Galeras and the improvement of the drainage […]
Dominican Republic Banking Opening a Bank Account Many people might assume that banking could be problematic and or even unsafe in the Dominican Republic, but it is neither of those things. This article explains how you can open a bank account, how the systems work, how you can manage your money, and how to transfer […]
Retire and Invest in the Dominican Republic Seminar 2020 We are proud to announce and be associated with a brand new organisation that is hosting its first informative seminar in Santo Domingo next year. An organisation that is all about and only about the Dominican Republic and what it can offer those looking to retire […]
Dominican Republic Migration Since December 2017 the Migration Plan is applied in its entirety The Dominican authorities have just toughened their immigration policy. The information had gone almost unnoticed last December but with the first people rejected at the customs of the airports and the statement from the French Embassy on March 7, there is no […]
Hotels and Luxury Residential Project at Playa Rincon With 7 new hotels and a luxury residential project The main objective of the development of Rincon Bay is to offer a first class tourist destination that contributes to the sustainable growth of the area, while living in harmony with the natural environment. The total area of […]
Hacienda Samana Bay Luxury Apartments with Private Island Beach club We are very excited to announce this new development The Hacienda Samana Bay Luxury Apartments with Private Island Beach club A Luxury residential property development in Samana or given its proper title “Santa Bárbara de Samaná” the capital of the Peninsula of Samana. Samana bay […]
5 Great Reasons To Live, Retire, Or Invest In The Dominican Republic By Kathleen Peddicord With a stable government and a steady economy that grew by 7.1 percent in 2014, the Dominican Republic is ripe and ready for expats, retirees, and investors looking for a safe and affordable option in the Caribbean. What makes the […]