Form of Payment

60% downpayment
40% financing (with the bank of your choice)


Taxes

The Dominican Republic Taxes for HOME OWNERSHIP are


IMPUESTO AL TRASPASO INMOBILIARIO 3% trespass tax (payable once at the moment of the Sales Register in the Dominican Title Administration)
IMPUESTO A LA PROPIEDAD INMOBILIARIA 1% Anual Property Tax of the excess value of RD$5,000,000.00 (In case of phisical persons, companies have a different tax sistem)


Finance:

Our customers can finance in the Dominican Banking System the final payment, issuing a Mortgage on the unit.

Dominican Active Interest Rates are (subject to change)

In DOP 11% annually
in USD 8% annually

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