Yes — foreigners can own property in the Dominican Republic freely, including land, homes, condos, and commercial property.
There are no restrictions based on nationality, and property ownership does not require residency.
1. Direct Freehold (Full Ownership)
o You own the land and the building outright.
o Most common and straightforward for condos, houses, and land plots.
2. Condominiums (Apartment Ownership)
o You hold title to your unit and share ownership of common areas (condo association).
o Popular in tourist areas like Punta Cana, Santo Domingo, and Puerto Plata.
3. Through a Corporation (optional)
o Some foreigners prefer to set up a SRL (limited liability company) for property ownership, especially if buying multiple units or commercial property.
o Offers liability protection but adds accounting and legal obligations.
1. Hire a local attorney familiar with Dominican real estate law.
2. Check the property title at the Registry of Deeds (Registro de Títulos) to ensure clear ownership.
3. Sign a Promissory Contract (Contrato de Promesa de Compraventa) and pay a deposit (usually 10%).
4. Sign the Public Deed (Escritura Pública) before a notary; register it in the Registry of Deeds.
5. Pay purchase taxes and fees to finalize ownership.
Tip: Use escrow services for deposits to ensure safety.
Punta Cana / Bávaro Beachfront resorts, vacation rentals, luxury condos
Santo Domingo Capital city, cultural hub, strong rental market
Puerto Plata Coastal town, affordable villas, tourism growth
Samaná / Las Terrenas Scenic beaches, eco-tourism, relaxed lifestyle
La Romana / Casa de Campo Luxury golf resorts, gated communities
• Buying property does not automatically grant residency.
• Foreign investors can apply for temporary or permanent residency using property investment as proof of economic solvency.
• Typical investment required: ≈ USD $200,000+ to qualify for investor visa.