Form of Payment
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60% downpayment |
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40% financing (with the bank of your choice) |
Taxes
The Dominican Republic Taxes for HOME OWNERSHIP are
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IMPUESTO AL TRASPASO INMOBILIARIO 3% trespass tax (payable once at the moment of the Sales Register in the Dominican Title Administration) |
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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)
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In DOP 11% annually |
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in USD 8% annually |