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Incentives for the foreign investment
There are wide opened policies related to foreigners' residence, as well as legislative initiatives that have granted a series of fiscal exemptions to tourist developments and to foreigners who decide to live in the Dominican Republic.
The resident pensioners, or that live of the revenues of foreign origin, enjoy certain prerogatives and they will benefit from the exoneration of certain taxes.
- Program of residence of investment
- Exoneration of 100 % of:
- Taxes on home and personal objects
- Tax on real estate transfers for the first property
- Taxes that burden the payment of dividends or interests generated in the country or abroad
- Exoneration of the payment of 50 % of:
- Tax for the import of vehicles
- Taxe on real-estate property
- Tax on capital profit
The economic stability of the country, the fiscal incentives and the competitive of its prices, has made the Dominican Republic a goal that turns into one of the main destinations of the World Class Real-estate Tourism.
Another advantage is that due to the strong real-estate demand, when the buyer receives his property, it has substantially revalued.
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