Dominican Republic offers multiple benefits, ways to live and invest
Many foreigners dream of finding an activity in the Dominican Republic in order to transfer to this country. Few know that the Dominican Republic offers various investment opportunities at all levels. That does not mean that success is guaranteed, but with some precautions you can do good business and live in the Caribbean!
The Dominican Republic is one of the most stable countries in the Caribbean and Latin Americas, has a strategic geographical location and low cost of living and working alongside the laws to promote foreign investment makes it extremely attractive to those seeking safety and high profitability. In the case of buying and selling real estate, there is no restriction for foreigners regard to the purchase of properties in the Dominican Republic.
In the 1998 presidential decree 21-98 established that foreigners could freely buy all the properties they wanted, along with the title of possession. The new law on freedom of taxes refers to tourist areas with strong potential that need development. Companies that meet certain characteristics will be exempt from taxes for a period ranging from 3 to 10 years. In addition, all benefits can be expatriates to any country in the world.
There are several options for acquiring real estate for people who want to find the perfect place, we at Vico Real Estate specialize to for fill the demands of our foreign clients in the Dominican Republic.
Many foreigners dream of finding an activity in the Dominican Republic in order to transfer to this country. Few know that the Dominican Republic offers various investment opportunities at all levels. That does not mean that success is guaranteed, but with some precautions you can do good business and live in the Caribbean!
The Dominican Republic is one of the most stable countries in the Caribbean and Latin Americas, has a strategic geographical location and low cost of living and working alongside the laws to promote foreign investment makes it extremely attractive to those seeking safety and high profitability. In the case of buying and selling real estate, there is no restriction for foreigners regard to the purchase of properties in the Dominican Republic.
In the 1998 presidential decree 21-98 established that foreigners could freely buy all the properties they wanted, along with the title of possession. The new law on freedom of taxes refers to tourist areas with strong potential that need development. Companies that meet certain characteristics will be exempt from taxes for a period ranging from 3 to 10 years. In addition, all benefits can be expatriates to any country in the world.
There are several options for acquiring real estate for people who want to find the perfect place, we at Vico Real Estate specialize to for fill the demands of our foreign clients in the Dominican Republic.
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