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Buying property in the Dominican Republic as a foreigner: requirements, taxes and costs

What a foreigner needs to buy property in the Dominican Republic: No restrictions, Key requirement, Purchase tax. 2 projects under construction with 3D tours.

Can a foreigner buy property in the Dominican Republic?

No restrictions: No prior residency or citizenship required to buy
Key requirement: Passport + certificate of non tax-residency
Purchase tax: ITBI transfer tax 3% (one-time) on the property's value
Annual tax: IPI property tax 1% on the amount over ~RD$6.5M — Confotur-qualified projects may be exempt

Source: janayrealtor.com, propertycaribe.com

Frequently asked questions

No restrictions when buying property in the Dominican Republic

No prior residency or citizenship required to buy

Key requirement when buying property in the Dominican Republic

Passport + certificate of non tax-residency

Purchase tax when buying property in the Dominican Republic

ITBI transfer tax 3% (one-time) on the property's value

Annual tax when buying property in the Dominican Republic

IPI property tax 1% on the amount over ~RD$6.5M — Confotur-qualified projects may be exempt

2 projects under construction in the Dominican Republic

Azzure at Coral Golf

Cabeza de Toro, Punta Cana, Dominican Republic Under construction · 2028

115 apartments inside Coral Golf Resort. Under construction, delivery September 2028.

See full page → · 3D tour ↗
Breeze Towers

Larimar City & Resort, Punta Cana, Dominican Republic Under construction · 2026

Premium balconies oriented toward the best sunsets. Part of Larimar City's Phase I. Delivery September 2026.

See full page → · 3D tour ↗

Compared: buying as a foreigner across the index's 12 countries

Main requirement for foreigners and listed projects, by country
Country	Key point	Detail	Projects
Argentina	No restrictions	Same terms as an Argentine citizen, no prior visa needed	19
Mexico	Restricted zone	No direct title within 100km of a border / 50km of the coast	13
Spain	Key requirement	NIE tax ID — required to sign a deed or apply for a mortgage	2
the United States	No restrictions	No residency, citizenship, or SSN required to buy	25
Uruguay	No restrictions	Same rights as a local citizen, no prior residency needed	4
Panama	No restrictions	Same terms as a Panamanian citizen, no local partner or quotas required	16
Colombia	Key requirement	Passport or foreigner ID + proof of lawful source of funds	11
Paraguay	No restrictions	Same rights as a Paraguayan citizen, no residency or special visa	7
Peru	No restrictions	Same property rights as a Peruvian citizen, no prior residency (except within 50km of a border)	2
Ecuador	—	—	0
Costa Rica	—	—	0
the Dominican Republic	No restrictions	No prior residency or citizenship required to buy	2

Investing in other countries:
Argentina · Mexico · Spain · the United States · Uruguay · Panama · Colombia · Paraguay · Peru · Ecuador · Costa Rica

Editorial content with cited sources. This is not legal or tax advice. Rules change: always confirm with a local professional before transacting.