Tax exemption
The Dominican government provides tax incentives for foreign investors, such as property tax exemptions.
Ley 158-01 of Confortur:
- 3% of the property value on Transfer Tax.
- 1% annual on Real Estate Property Tax (IPI) for up to 15 years.
- Up to 20% savings as a deduction on taxable net income.
- Benefits for foreigners, savings on your tax return by declaring your investment as an expense.