Foreign nationals have exactly the same property rights as Dominican citizens: no restrictions, no residency required and no special permits.
Can foreigners buy property in the Dominican Republic?
Yes. The constitution grants foreign buyers full ownership rights equal to citizens, with no residency, local partner or property-type limits.
What documents do you need?
Foreign buyers provide:
- A valid passport
- A Dominican tax identification number (RNC or RNF)
- Proof of funds
An attorney manages the title search, agreements, notarized transfer and registry filing. The process typically takes 30 to 60 days.
What are the costs of buying?
Beyond the price, expect:
- Transfer tax: 3% of the property value
- Notary fees: about 1%
- Attorney fees: typically 1% to 1.5%
- Registration fees: a small fixed amount
Total closing costs for foreign buyers typically run between 4% and 6% of the purchase price.
What is CONFOTUR and why does it matter?
CONFOTUR is the Dominican tourism investment incentive law. Certified properties get exemptions on transfer tax, annual property tax (IPI) and import duties on furnishings for up to 20 years.
Can you get financing as a foreign buyer?
Yes. Dominican banks offer mortgages to foreign nationals at 60% to 70% loan-to-value, with interest rates between 7% and 10%. New developments often offer in-house payment plans with deposits as low as $3,000.
Best areas to buy
Bávaro is the most active foreign buyer market with strong rental demand. Cap Cana attracts ultra-luxury buyers who want marina and golf access. Cocotal Golf & Country Club suits resort lifestyle and long-term appreciation. Samaná is an emerging market with lower entry prices.
How Sonia Realtors helps foreign buyers
We guide buyers from the United States, Canada, Europe and the Middle East through every step in English and Spanish: property search, market analysis, price negotiation, legal coordination and closing.
Frequently asked questions
How much are closing costs in Punta Cana?
Typically 4% to 6% of the purchase price.
Can a foreigner get a mortgage in the Dominican Republic?
Yes, at 60% to 70% loan-to-value with interest rates of 7% to 10%.
