Real Estate Law

Dominican Republic property transfer tax is 3% of the higher of cadastral value or sale price under Ley 18-88, applying equally to foreign and Dominican buyers. This guide details the calculation methodology, payment process, and total transaction costs for real estate acquisitions.

Foreigners have unrestricted rights to buy property in the Dominican Republic under Ley 108-05 and the Constitution, with closing costs of 5–7% including the 3% transfer tax. The purchase process typically takes 45–90 days from contract to registered title.