Frequently Asked Questions

¡Absolutely! We welcome families from around the world with open arms. The Dominican Republic has always embraced international families - our Constitution guarantees the same property rights to foreign investors as Dominican citizens. There are no restrictions, just warm Dominican hospitality welcoming you home to the best island in the world.

Property transfer tax is 3% of the declared value, plus legal fees (1-2%) and registration fees (0.5%). Annual property taxes are very low, typically 1% of the first $7,141 of assessed value, then 0.8% thereafter.

CONFOTUR provides significant tax incentives for tourism-designated properties, including 15-year exemption from property taxes, construction material import duty exemptions, and income tax reductions for rental properties.

The typical process takes 30-60 days: 1) Property selection and offer, 2) Due diligence and title search (7-14 days), 3) Contract signing with deposit (10%), 4) Financing approval if needed, 5) Final closing and title transfer.

Yes, several Dominican banks offer mortgages to foreigners with up to 70% financing. Developer financing is also available with flexible terms. Ocean Paradise offers in-house financing with competitive rates and payment plans.

Essential checks include: title verification, property tax status, construction permits, environmental clearances, HOA dues, and property boundaries. We recommend hiring a local attorney familiar with Dominican real estate law.

Punta Cana vacation rentals typically generate 8-12% annual returns. Ocean Paradise properties benefit from professional management, prime beachfront location, and year-round tourism demand, targeting 10-12% net yields.

Think of us as your extended Dominican family! Our property management team treats your home and your guests with the same care and warmth we show our own families. We handle everything - from welcoming your guests with genuine Dominican hospitality to maintaining your beachfront paradise. You can relax knowing your island home is in caring, trustworthy hands.

Ocean Paradise construction follows a phased delivery schedule with completion expected in 24-30 months. Regular construction updates are provided, and buyers can monitor progress through our development portal.

Uvero Alto has excellent resale potential due to limited beachfront inventory, growing tourism infrastructure, and proximity to Punta Cana Airport. Properties typically appreciate 5-8% annually in this prime location.

Required documents include: passport, proof of income, bank statements, property title search, purchase agreement, power of attorney (if not present), and property insurance. All documents must be notarized.

Ocean Paradise HOA fees cover beachfront maintenance, security, common areas, pools, landscaping, and property management. Fees are competitive and designed to preserve property values and owner experience.

The Dominican Republic is not just safe - it's a place where families from around the world have built lasting legacies for generations. Our stable democracy, growing economy, and welcoming culture create the perfect environment for your family's investment. With strong legal protections and a thriving tourism industry, your investment is protected by both law and the natural beauty that makes our island a permanent destination for families worldwide.

Most luxury properties in Punta Cana are priced in USD, protecting against peso devaluation. Ocean Paradise contracts are in USD, and rental income is typically collected in USD from international tourists.

Exit options include: resale to individual buyers, sale to developers for expansion, rental property management, or conversion to personal vacation home. The strong tourism market provides multiple exit pathways.