The short answer is: Yes, foreign investors can own real estate in the Dominican Republic with the same rights as local citizens.
The country’s laws ensure that foreign property owners are fully protected, making the process of purchasing real estate safe and straightforward. Additionally, we offer a full range of services: from helping you find the perfect property to building a custom project tailored to your needs.
Key Aspects of Legal Security
1. Ownership Rights for Foreigners
• According to Dominican law (Law No. 5038), foreigners have the same property rights as Dominican citizens.
• Upon completing the transaction, you receive a Title of Ownership (Titulo de Propiedad), legally securing your property rights.
2. Property Registration
• Every purchase is registered with the General Property Registry (Registro de Títulos), ensuring there are no disputes over ownership.
3. Transparent Legal Framework
• All transactions go through certified notaries and attorneys, making the process transparent and minimizing risks.
4. No Restrictions on Ownership
• Foreigners can purchase any type of property, including residential, commercial real estate, or land for construction.
We Provide Comprehensive Services
We offer turnkey solutions to make your investment process seamless:
• Property Search: Helping you find the best options based on your goals.
• Construction Services: Full-cycle construction — from design to delivery of the finished property.
• Legal Support: Ensuring your transaction is secure, with all documents properly prepared.
• Property Management: If you plan to rent out your property, we offer full management services to maximize your returns.
Why Invest in the Dominican Republic?
1. Ease of Ownership:
• Residency is not required to purchase property in the Dominican Republic.
2. Diversification of Assets:
• Invest in a stable market and protect your wealth from economic fluctuations in other regions.
3. High Rental Demand:
• The ever-growing tourism industry ensures consistent rental income.
4. Custom Construction:
• We can create a property tailored to your goals, whether it’s a resort, villa, or commercial space.
Our Process
1. Consultation: Share your goals and budget with us.
2. Search or Design: We help you find the perfect property or develop a custom project from scratch.
3. Transaction: We provide full legal support to secure the purchase.
4. Construction: We build and deliver the project on time and within budget.
5. Support: We offer ongoing property management services.
Conclusion
Investing in the Dominican Republic is a secure way to grow your wealth and generate consistent income. With our expertise, we’ll help you find or build the perfect property and ensure every step of the process is safe and successful.
Contact us today to learn more and take the first step toward your investment success.
Dominican Real Estate Expert,
Zlata Jedek
zlata.jedek@inmobiliariafv.com