Ref: CA288 more info
Villa - Samana - Las Terrenas -
Bonita/Coson
Bonita/Coson
very nice sea view
Ref: CA132 more info
Villa - Samana - Las Terrenas
access to the sea
Relevant advice regarding the acquisition of real estate in the
Dominican Republic:
In addition to the geographical attractions of this tropical
paradise, the Dominican Republic also offers the following tax benefits and
facilities for the acquisition of real estate:
The possibility for foreign residents
and non-residents of purchasing real estate in equal conditions as Dominicans.
The negotiation and execution of sale
agreements are governed by the Napoleonic laws, as in Europe (deed of sale,
registration of the deed, payment of the property rights [4,80%]).
Lower taxes and costs through the
incorporation of a Dominican company for the acquisition of real estate through
a contribution in kind or through a direct sale executed between the owner and
the company (approximately 2,5% on the capital).
Low taxes for the acquisition of real
estate, 1% notary fees, 3% transfer tax, 1% property tax (applicable over
RD$5,000,000 of the "estimated value" for physical persons).
Income tax at 30% of net profits.
Knowing the complexity and slowness of the Dominican
administrative system, Dreamways offers its experience and partners´ network to
assit you with the acquisition of real estate in the Dominican Republic.
Dreamways is able and willing to carry out the corresponding due-diligence to make your acquisition safer:
Dreamways is able and willing to carry out the corresponding due-diligence to make your acquisition safer:
Research on the property titles,
obtaining certificates of non-pledge or liens of any kind regarding the
property in question.
Analysis and comparison between
documented description of the property and its real location, size and
boundaries. This is done through surveyor work.
Proposal for a construction project
according to administrative rules (no construction in the maritime zone, 60m of
the beach at high tide).