Form of Payment
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30% uppon the signing of the separation agreement |
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30% 3 months after the signing of the separation Agreemet |
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40% uppon delivery (Estimate September 08) |
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:
At the moment of the delivery, our customers coud 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 13% annually |
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in USD 8% annually |