| Invest in Dominican Republic |
The Dominican Republic is one of the most stable countries in the Caribbean
and Latin America area, It has also a strategic geographic location and very
low labour and living costs that, together with the Laws to promote the
Foreign Investment, made it very attractive for those who are looking for
high profitability and security. |
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BUYING AND SELLING REAL ESTATE. There are no restricting conditions for
foreigners concerning the buying of property in the Dominican Republic. In
1998 the presidential decree 21-98 ruled that foreigners can buy all the
property they want, complete with the title of possession ( the proof of
ownership) |
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NEW TAX EXEMPTION LAW. This law
concerns tourist areas with strong potential that need developing, for
instance LAS TERRENAS. Certain companies in these areas of the country can
benefit from freedom of company taxes (100%) as well as national and
municipal taxes on building permits and ownership certificates (100%). |
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In addition, all benefits can be expatriated to
any country in the world. |
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We have several publications created by the Governement,
the Foreing Trade Chambers and the Internacional Law Firm Perellano &
Herrera, for thouse people willing to invest or t olive in Dominican
Republic:
LEGAL GUIDES
Doing Business in Dominican
Republic (English-spanish)
Tourism Guide (English-spanish)
Ex-patriate Guide (Spanish)
EXECUTIVE
SUMMARY
Foreign Investment Law (English, Spanish , French,
Italian)
Should you be interested in receiving any of these
publications, please send us an e-mail.
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