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The new law on property registration – With the entry into force of the new Law 108-05 on registration of real estate, the Dominican Republic was finally able to remove the existing gaps in the regulation of processes related to the real estate. One of the benefits of the new legislation is to help in registration…
Property tax, luxury property, urban open spaces (IPI) – IPI taxable property, owned by individuals, a tax of 1% per year, according to the estimate of the Main Cadastral Office (Article 1 and 3 of the Law 18-88). With estimates do not take into account, no furniture, no equipment, no other located inside the property (Article…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
