Complete guide: how to buy property in DR as a foreigner

Buying property in DR as a foreigner: step by step

The Dominican Republic is one of the most foreigner-friendly Caribbean countries for real estate investment. There are no nationality restrictions for acquiring real estate.

Step 1: Choose the property

Research areas, visit (or use 3D tools like Real3D), and compare options.

Step 2: Reserve

Once selected, a reservation agreement is signed with a typical deposit of USD 2,000 to 5,000.

Step 3: Purchase agreement

Signed before a notary public. It usually includes a payment plan during construction.

Step 4: Due diligence

A lawyer verifies the property title, liens, and construction permits.

Step 5: Payment and transfer

Payments are made according to the agreed plan. Upon completion, the title transfer is executed.

Step 6: Title registration

The title is registered in the buyer's name at the Title Registry. This process takes 2-4 weeks.

Additional costs

• Transfer tax: 3% (exempt with CONFOTUR)
• Attorney fees: 1-1.5%
• Notary and registration costs: ~1%

Required documents

• Valid passport
• Proof of funds
• Tax ID (RNC) - easily obtained

Conclusion

The process is straightforward and transparent. With proper legal guidance, buying property in DR is safe and efficient.