Transferring large amounts of money to the Dominican Republic
Expats' Corner April 27, 2023 | 10:23 am
Foreigners investing in real estate or a business in the Dominican Republic will ultimately have to transfer large amounts of funds from their bank account in their home country to their account in th[...]Real Estate Possession versus Title Ownership
Expats' Corner April 18, 2023 | 4:35 pm
For foreigners purchasing existing property in the Dominican Republic, not a new build or property in a new development, the issue of real estate possession and title ownership will almost always come[...]Mortgages for foreigners in the Dominican Republic
Expats' Corner April 14, 2023 | 3:40 pm
The Dominican Republic is one of the few countries where foreigners with residency status or not can qualify for a mortgage to purchase a home. The mortgage application process will be more straigh[...]Choosing a Real Estate Agent in the Dominican Republic
Expats' Corner March 28, 2023 | 4:25 pm
In most countries, buying real estate involves the service of two people: a real estate agent and a lawyer. The DR is no different. However, in the case of the Dominican Republic, there are no lice[...]Inheritance for Expats in the Dominican Republic
Expats' Corner March 22, 2023 | 9:30 am
If you are a foreigner planning to buy property in the Dominican Republic and have children, you must understand Dominican law regarding inheritance. As with any other country, estate planning and how[...]What you should know about Import Duty Taxes when moving to the Dominican Republic
Expats' Corner March 1, 2023 | 3:07 pm
Import duty tax in the Dominican Republic varies from 0% to over 40%, depending on the type of goods imported. The rate is determined by the country of origin, product type, and the quantity imported.[...]How to manage your property in the Dominican Republic and relax
Expats' Corner February 21, 2023 | 4:03 pm
Foreigners with rental property investments in the Dominican Republic typically hire a rental management company to oversee their property. This is advisable, especially if you’re not living full-ti[...]Does the Dominican Republic use Title Companies?
Expats' Corner February 14, 2023 | 4:02 pm
In countries like the United States, title companies are used in the real estate buying process. The title company acts as an independent third party working on behalf of the lender and the buyer rese[...]Who Pays Property Taxes in the Dominican Republic?
Expats' Corner February 7, 2023 | 11:52 am
As a real estate owner in the Dominican Republic, you may be subject to property taxes depending on the property's value, the owner's age, or whether you qualify for tax incentives through specific re[...]Are Domestic Partnerships recognized in The Dominican Republic?
Expats' Corner December 16, 2022 | 11:03 am
Same-sex unions (or partnerships) and marriages are generally accepted but not legally recognized in the Dominican Republic. Heterosexual unions/partnerships are recognized, provided they adhere to[...]Dual Citizenship – Does the Dominican Republic allow it?
Expats' Corner December 6, 2022 | 3:41 pm
Many expats wonder whether the Dominican Republic allows dual citizenship, and the answer is yes. The DR does not require you to renounce citizenship of your country in order to obtain Dominican citiz[...]Avoid pitfalls in your medical exam for Dominican Republic residency
Expats' Corner November 29, 2022 | 2:04 pm
When foreign nationals apply for residency, they go through various steps. First, they process a visa with the DR consulate in their country of origin. Once the visa is issued, they have 60 days to en[...]The repercussions of the money laundering law in the real estate market in the DR
Expats' Corner November 25, 2022 | 9:47 am
The Dominican Republic's Law 155-17 on Money Laundering and Terrorist Financing went into effect on June 1, 2017. “Money laundering is defined as any action or activi[...]All about medical exam dates for DR residency
Expats' Corner November 8, 2022 | 6:22 pm
The DR has cut waiting times for medical exams for residency purposes. During the height of the COVID Pandemic, waiting times were arguably out of control. However, according to Maria Abreu, CEO and M[...]Past convictions hanging over your present Dominican residency chances
Expats' Corner October 27, 2022 | 11:19 am
The DR takes crime seriously, which is why it is such a safe place to live compared to other countries. However, the DR is also a pragmatic country, viewing and solving issues in a sensible way approp[...]Children can receive residency through their parents. Can the reverse happen?
Expats' Corner October 21, 2022 | 10:03 am
In the DR, sons and daughters can obtain residency through their parents via the legal concept of connecting factors and in particular the factor of domicile of dependency. However, [...]90 days’ grace for employers and employees to get their papers in order
Expats' Corner October 16, 2022 | 4:50 pm
As of September 28 and led by President Luis Abinader, Dominican immigration authorities will give 90 days’ grace to companies and private employers whose employees need to get their immigration sta[...]Expert states that it’s possible to start the residency process within the Dominican Republic
Expats' Corner October 12, 2022 | 5:25 pm
Most people interested in getting a Dominican residency, start the process before entering the country, which is the correct way to do it. First, they must apply for a [...]Fast divorce or “Divorcio al Vapor” in the Dominican Republic
Expats' Corner October 7, 2022 | 11:57 am
The "Divorcio al Vapor", or “Fast Divorce" is a rapid and simple procedure established by Law 142, that modifies law 1306 and was developed to allow foreigners and Dominicans residing outside of t[...]Individual investors can take advantage of Tourism Incentive Law CONFOTUR
Expats' Corner October 5, 2022 | 11:15 am
By Maria Abreu The current president, Luis Abinader, and his administration have introduced many new incentives to attract more foreign investment into the country. They even expanded Confotur bene[...]
