What is CONFOTUR?
CONFOTUR administers the Dominican Republic’s tourism incentive framework under Law 158-01 and its amendments. Any benefit depends on the eligible project, the transaction and the relevant approval documents.
Know the place.
Understand ownership.
Answers from primary sources, with the questions to take to your local professional.
What is CONFOTUR?
CONFOTUR administers the Dominican Republic’s tourism incentive framework under Law 158-01 and its amendments. Any benefit depends on the eligible project, the transaction and the relevant approval documents.
DGII · Dominican Ministry of Tourism · DGII official response. Confirm with a licensed local professional before making a commitment.
Does every buyer receive 15 years of CONFOTUR benefits?
Law 195-13 amended the tourism incentive period to 15 years for qualifying activities, subject to the statutory commencement conditions. Ask for the project’s approved period and your transaction’s treatment before calculating savings.
DGII. Confirm with a licensed local professional before making a commitment.
How do I check title before buying?
Ask your independent Dominican lawyer to review the property’s title and obtain its current legal-status certificate from Registro Inmobiliario. That certificate records the registered legal position at its issue date.
Dominican Registro Inmobiliario · Global Affairs Canada. Confirm with a licensed local professional before making a commitment.
Can a Canadian buyer request Dominican financing?
Banreservas publishes mortgage services for residents abroad and assistance for foreign residents with economic interests in the Dominican Republic. Approval, available currency, required documents and current terms must be confirmed by the lender.
Banreservas · Banreservas. Confirm with a licensed local professional before making a commitment.