Dominican republic
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About Dominican republic
The Dominican Republic is the largest and most diverse property market in the Caribbean, occupying the eastern two thirds of the island of Hispaniola. From the resort corridors of Punta Cana and Cap Cana to the colonial streets of Santo Domingo, the country offers international buyers an exceptional range of lifestyle and investment choices.
A country of genuine scale and opportunity. More than ten million visitors arrive each year, supporting one of the strongest tourism rental markets in the region, while the CONFOTUR incentive offers qualifying developments significant relief from transfer tax and annual property tax.
Foreign buyers enjoy the same ownership rights as Dominican nationals under Law 16-95, with no restrictions on freehold purchase. Combined with accessible pricing, excellent international flight connections and a formal residency by investment pathway, the Dominican Republic remains one of the Caribbean's most compelling property destinations.
Residency & Ownership Considerations
Key Information For International Buyers Purchasing Property In The Dominican Republic
Foreign Ownership
Foreign buyers enjoy the same ownership rights as Dominican nationals under Law 16-95, with no restrictions on freehold purchase and no government licence required. Transfer tax is levied at 3 per cent of the purchase price.
Residency Pathways
A qualifying real estate purchase can support an application for Residencia por Inversion, the country's investor residency category, while the Pensionado and Rentista categories offer a further route for retirees and those with passive income.
Citizenship Options
The Dominican Republic has no Citizenship by Investment Programme. Dominican nationality is available by naturalisation after two years of continuous lawful permanent residency, a genuine residence based route rather than a direct investment pathway.
Market Insight
Intelligence On The Dominican Republic Property Market
Demand Trends
The country receives more than ten million visitors a year, the largest tourism base in the Caribbean, sustaining the region's deepest rental demand pool.
Development Activity
Punta Cana and Cap Cana continue to see the strongest levels of resort residential development, supported by CONFOTUR tax incentives for qualifying projects.
Buyer Segments
Buyer groups range from first time Caribbean purchasers drawn by accessible pricing to established investors targeting Casa de Campo and Cap Cana's more exclusive markets.
Rental Considerations
Short term rental demand is strong and consistent given the scale of tourist arrivals, though performance varies significantly by sub market and management quality.
Is Dominican Republic Right For You?
A Lifestyle Check To Help You Find Your Best Fit
Lifestyle Buyers
Suited to buyers wanting the greatest variety of lifestyle and price point in the Caribbean, from resort condominiums to colonial city living.
Investors
CONFOTUR certified developments can offer relief from transfer tax and annual property tax, supporting stronger net returns for qualifying projects.
Developers
The largest and most active development pipeline in the Caribbean, with opportunities across resort residential, golf and marina led schemes.
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