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How to get a loan to buy a house in the Dominican Republic

How to get a loan to buy a house in the Dominican Republic

To get a loan to buy a house in the Dominican Republic, you’ll typically need to follow these general steps: 1. Research Lenders: Start by researching banks, credit unions, and other financial institutions in the Dominican Republic that offer mortgage loans. You can check their websites or visit their branches

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Which are the best investment markets in the Dominican Republic

Which are the best investment markets in the Dominican Republic

The Dominican Republic offers various investment opportunities in several key sectors of its economy. However, as with any market, each investment option comes with its own opportunities and risks. Below, I detail some of the best investment markets in the Dominican Republic and the associated risks: 1. Tourism and Hospitality

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How is the entrepreneurial environment in the Dominican Republic

The entrepreneurial environment in the Dominican Republic

The entrepreneurial environment in the Dominican Republic has experienced significant growth and development in recent years, with an increase in entrepreneurial activity, support for startups, and the creation of a more robust ecosystem for entrepreneurs. Here I detail some aspects of the entrepreneurial environment in the Dominican Republic and the

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Dominican Republic nightlife

Dominican Republic nightlife

Nightlife in the Dominican Republic is vibrant and diverse, especially in tourist destinations and urban areas. It offers a mix of options ranging from clubs and bars to restaurants, live shows and casinos. Discover here some key aspects of Dominican nightlife: Discos and nightclubs Major cities, such as Santo Domingo,

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Should You Buy Property Personally or Through a Company?

When considering buying property in the Dominican Republic in your own name versus through a company, each approach has distinct advantages and disadvantages depending on factors like taxes, liability, and future business plans. Here’s a comparison: Buying in Your Own Name Advantages: Disadvantages: Buying Through a Company Advantages: Disadvantages: Which

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Caution deposit for the long-term rental: what to know?

In the Dominican Republic, the caution deposit (often referred to as a “depósito de garantía” or “depósito de seguridad”) for long-term rentals works similarly to other countries but with some local nuances. This deposit serves as financial protection for landlords, covering any damages or unpaid bills when tenants move out.

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CONFOTUR Law

The CONFOTUR Law in the Dominican Republic, also known as Law 158-01, is designed to promote tourism development in the country by providing incentives to investors in the tourism sector. Here’s how it works: Benefits Tax Incentives: Investors who qualify under CONFOTUR can receive exemptions from various taxes, including income

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Caution deposit for the long-term rental: what to know?

In the Dominican Republic, the caution deposit (often referred to as a “depósito de garantía” or “depósito de seguridad”) for long-term rentals works similarly to other countries but with some local nuances. This deposit serves as financial protection for landlords, covering any damages or unpaid bills when tenants move out.

Read More
Dominican Republic nightlife

Dominican Republic nightlife

Nightlife in the Dominican Republic is vibrant and diverse, especially in tourist destinations and urban areas. It offers a mix of options ranging from clubs and bars to restaurants, live shows and casinos. Discover here some key aspects of Dominican nightlife: Discos and nightclubs Major cities, such as Santo Domingo,

Read More

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