Yes. Foreigners can legally own property with full title rights, just like locals. You
don’t need residency or citizenship — the process is straightforward with a valid
passport and legal assistance.
Yes. Popular areas like Punta Cana, Las Terrenas, and Sosúa are well-developed
and attract thousands of international buyers every year. Use a trusted real estate
agent and attorney to ensure a secure transaction.
No. Properties valued under approximately $160,000 USD are exempt from annual
property taxes. For higher-value properties, you only pay 1% annually on the amount
above that threshold.
Yes, but options are limited. Dominican banks do offer financing, but interest rates
are higher than in North America. Most foreign buyers use cash or financing from
their home country.
No. Thanks to tax treaties with the US and Canada, you won’t be taxed twice. You
may owe capital gains in the DR, but any taxes paid there can be credited against
what you owe at home.
