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Market
Dominican Republic Real Estate
The Caribbean's largest economy and most active real estate market — open to foreign buyers, with record tourism and CONFOTUR tax incentives.
Population
~11.5M (+~1%/yr)
Tourists (2025)
~11.6M (record)
Foreign ownership
Equal rights (Law 16-95)
Transfer tax
3% (CONFOTUR may exempt)
Equal rights for foreignersCONFOTUR tax incentivesUSD + DOP pricingRecord tourism11 Tier-1 zones
About Dominican Republic
The Dominican Republic is the Caribbean's largest economy and its most active real estate market, drawing more foreign property buyers than any of its neighbours. Foreigners hold the same ownership rights as citizens under Law 16-95 — no local partner or corporate structure required — and the CONFOTUR tourism-incentive law can exempt qualifying purchases from transfer and property taxes.
That open, investor-friendly framework is paired with record tourism (≈11.6 million visitors in 2025) and steady appreciation across markets that range from the resort-driven east (Punta Cana, Cap Cana) to the European-flavoured Samaná peninsula and the value-and-yield north coast.
Why invest in Dominican Republic
Equal ownership rights for foreigners (Law 16-95) — no local partner or corporate structure required.
CONFOTUR (Law 158-01) can exempt the 3% transfer tax and up to 15 years of property tax on qualifying new developments.
Record 11.6M tourists in 2025 fuel one of the Caribbean's strongest short-term-rental markets.
Prime-zone prices rose ~9–13% over the past year, with gross yields commonly 6–9% by market.
Featured locations
Punta Cana
Punta Cana / Bávaro
Avg. $295,000 · 7.1% yield
Cap Cana
Cap Cana
Avg. $845,000 · 6.3% yield
Las Terrenas
Samaná Peninsula
Avg. $245,000 · 7.6% yield
Cabarete
North Coast
Avg. $210,000 · 7.9% yield
Sosúa
North Coast
Avg. $185,000 · 8.1% yield
Verified listings
Investing in Dominican Republic
Can foreigners buy property in Dominican Republic?+
Yes. Foreign buyers have nearly the same rights as citizens under Law 16-95 — no local partner required. You'll need a passport and a Dominican tax ID (RNC).
What are the closing costs in Dominican Republic?+
Typically 4–9% of the price, led by the 3% transfer tax, plus legal (~1–1.5%) and registry fees.
What is CONFOTUR?+
A tourism-incentive law that can exempt the 3% transfer tax and property tax (IPI) for up to 15 years on qualifying developments.