Sep 26, 2009

Foreign Ownership of Islands in Dominican Republic, Caribbea

Foreign purchasers in the Dominican Republic now enjoy unrestricted freehold land ownership and minimal real estate taxes, making the Caribbean’s largest island nation exceptionally investor-friendly.
And with an equally friendly populace and vibrant Latin culture, the DR is fast becoming a favoured location for Americans and Europeans seeking a unique place for a seasonal residence.

Safeguards such as title insurance are available, and while real estate professionals are not licensed, there are many reputable English-speaking lawyers available to facilitate the purchase process. Compared to other areas of the Caribbean and even Central America, prices in the DR are considered an excellent value. However, appreciation is steady, and with many purchasers now priced out of other areas of the Caribbean, considerable gains are anticipated as the country’s rich potential is discovered.

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J.C.S.A. Inmobiliaria & Inversiones,
C.x.A. Higuey - Punta Cana
Tel.: (01) 809 554 4455
E-Mail: solisrijosrc@hotmail.com

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