YOU DON`T NEED RESIDENCY OR VISA TO BUY SND SELL OR TO INHERT PROPERTIES HERE IN DR !
YOU WILL BE 100 % OWNER WITH FULL RIGHTS AND WITHOUT ANY RESTRICTION!
The legal costs can vary between 1 & 2% of the purchase price We can put you in touch with a reputable local law firm who will only charge 1% for Dominican Estate clients, although you have every right to use any lawyer of your choice.
For property with an appraised value of more than 6,000,000 pesos ($126,850 US approx) there is an annual tax of 1% of the amount that is in excess of the 6,000,000 pesos.
Example: if a property has an appraised value of 7,000,000 pesos ($147,991 US) you would pay 1% of 1,000,000 pesos, which would be 21,000 pesos ($447 US) PER YEAR!
These calculations are based on an exchange rate of 47,3 pesos to the US dollar, which can fluctuate.
Here at Dominican Estate we are committed to providing our clients with the highest level of service possible to make it a straightforward process to turn your Caribbean dreams into a reality.
If you have any further questions, please contact us at email@example.com or call us on + 1 809-377-0886 ( whatsapp ) or skype: dominican-estate