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Are there restrictions to foreigners owning property or units in the Dominican Republic?

April 26, 2017dominican republic foreigners owning Property units

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Are there restrictions to foreigners owning property or units in the Dominican Republic?

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You will receive full legal title to your unit as with property owned in the United States and other similar countries. You will be given fee simple title to your unit. Additionally, the resort has applied to the Dominican Government to have taxes of the resort owners waived for a period of up to 10 years per the new governmental tax incentive program in tourist zones.