The Dominican Republic offers some of the most attractive tax incentives for property buyers in the entire Caribbean, and qualified buyers can save significantly when they know the rules.
The CONFOTUR law is the centerpiece. Properties within approved tourism projects enjoy exemption from the 3% property transfer tax and from the annual property tax (IPI) for up to 15 years — a substantial saving on both purchase and ownership costs.
Foreign buyers enjoy the same property rights as Dominican citizens. There are no restrictions on foreign ownership, and residency programs offer additional benefits for retirees and investors, including reduced import duties and fast-track naturalization paths.
Before buying, always confirm whether a project holds CONFOTUR approval and work with a qualified real estate attorney. Our team can guide you through the process and connect you with trusted legal advisors.
