All Posts in "Dominican Republic" Category

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CAR RENTALS IN THE DOMINICAN REPUBLIC

CAR RENTALS IN THE DOMINICAN REPUBLIC

Standard Terms & Conditions Minimum age – 18 – 25 – 30 years depending on the vehicle model. Driving: operating already for at least a year for the category “city cars” and a minimum of 2 years for the other categories. Rally – Rates include 250 km run on the day. The cost of additional miles…

THE NEW LAW ON PROPERTY REGISTRATION

THE NEW LAW ON PROPERTY REGISTRATION

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 INFORMATION

PROPERTY TAX INFORMATION

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…