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Free or special economic zones (FEZ) – The area, which have the special legal status and favorable economic conditions to attract domestic and foreign investors. FEZ is an attractive asset of the Dominican Republic for both the local and the foreign investors due to the following factors: · Strategically favorable geographical location – in the…
Perhaps one of the most interesting facts about the Dominican health system is that Dominican doctors diplomas are recognized all over the world , including in developed countries such as the U.S.. From this we can judge the qualifications of Dominican doctors. Due to the fact that the Dominican Republic – a small country, all…
Benefits of investment in the Dominican Republic. Dominican Republic Real Estate is regulated by the set of rules of the Civil Code and Law No. 108-05 on real estate registration. This law is based on the famous Australian Torrance System and requires all landlords to pass through special legal procedures in order to obtain legal status,…
Deslinde process – Disengagement – New property law (108-05), which came into force on 4 April 2007, radically changed the laws of the Dominican Republic related to real estate. One of the key elements of modernization was the requirement of “deslinde” (disengagement) for all real estate transactions – purchase, sale, mortgage, condo, etc. forming. Deslinde is…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
