Property Tax (IPI) in Dominican Republic

Property Tax (IPI) in Dominican Republic.
Exemption for everyone wether Dominican or foreigner, resident or not, up to 143,000 USD aprox.
Pensionists over 65 years old are exempt completely for their first property.
Foreign pensionists non-residents over 65 years old can benefit of 50% of tax exemption on their first property.
We are the Dominican Republic Local Real Estate Experts:⁠
⁠
Isel Arias & Team⁠
Caribe Connection Real Estate⁠
Whatsapp: [phone]⁠
www.caribeconnection.com⁠
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#investmentproperty #investing #realestate #cabarete #dominicanrepublic

[@sherinemmanuel]

That was great information! Thank you! the exemption for those 65 or older is trully wonderful as my husband and I are planning on buying property in Las Terrenas for our retirement.

[@BeauRakes]

Great info

[@mirceabakai9375]

Thank you for the information.

[@PIMPSOVERSIMPS]

Great content!

[@crazyworld2570]

I bought a new construction apartment in santiago under $60,000 us dollars. Do I need a lawyer to transfer the title?