Land Plots in Dominican Republic
Questions from property buyers
The procedure for obtaining residency in the Dominican Republic includes several options:
An investment visa is the most popular method. It is required to invest at least 200,000 USD in real estate, including land or ready-made housing.
Pension visa is for people over 65 years of age with an income of 1,500 USD per month.
Documents to submit:
Certificate of non-criminal record from the country of citizenship
Medical certificate
Bank statements
Income documents
Confirmation of real estate investments
The process takes 3-6 months when working with an experienced agency. After obtaining temporary residence in 2 years, you can apply for a permanent residence permit.
Advantages of residency: the right to purchase any real estate, including land, conduct business, obtain a local phone number and banking services.
The main places of residence of foreigners in the Dominican Republic:
- Punta Cana and Bávaro - most expats live here. Modern residential complexes, apartments and villas with full infrastructure. There are many options for rent and purchase.
- Puerto Plata is a popular choice among retirees from the USA and Canada. Affordable housing, good medical services, proximity to the airport.
- Santiago is a large city in the center of the country. Foreigners choose it for its lower cost of living and convenient location.
- Las Terrenas (Samaná) is a place for those who are looking for a quiet life by the ocean. Mostly European residents.
- Santo Domingo is the capital where international companies operate. Businessmen and diplomats live here in modern apartment complexes.
The cost of land in the Dominican Republic varies widely depending on the location:
Premium locations (Punta Cana, Cap Cana):
Ocean plots: from 150-300 USD per m2
Land in golf complexes: 100-250 USD per m2
Popular tourist areas (Puerto Plata, Sosúa):
Plots near the beach: 50-150 USD per m2
In the city center: 30-80 USD per m2
Developing regions:
Rural area: 5-25 USD per m2
Plots for the construction of a country house: 15-50 USD per m2
Additional costs: taxes on the purchase amount to about 3-4% of the cost, agency services - 3-5%.
The most popular regions for buying land in the Dominican Republic:
Punta Cana is a leader in investment attractiveness. There is a large selection of sites near ocean and beach. The location a few minutes from the international airport makes this region particularly attractive.
Puerto Plata is a popular choice for those who are looking for plots on the north shore. There are many offers at an affordable price in the city center and its surroundings.
Samaná and Las Terrenas are exclusive locations for luxury villa construction. A tropical paradise with stunning views of the mountains and the sea.
Sosúa is a favorite place for foreigners from the United States and Europe to buy land. Well-developed infrastructure with restaurants, hotels and a golf club.
Yes, foreigners have full rights to purchase and own land in the Dominican Republic. The Dominican Republic provides equal opportunities for both local residents and foreign investors. A land plot can be registered to an individual or a company.
The purchase procedure goes through notarization, where property rights are protected by the legislation of the country. For a secure transaction, it is recommended to work with a trusted real estate agency and get detailed information about the legal purity of the property.
Important: there are no restrictions on the size of the land or its location for foreigners.