By Felipe Isa Castillo (fcastillo@aclaw.com) Dominican Tourism Incentives Law 158-01 of October 1st, 2001, as amended, provides that all individuals and enterprises that venture, promote or invest capitals in designated tourism zones, for tourism activities such as hotels, resorts, cruises, conventions, congresses, festivals, shows and concerts facilities, infrastructure for basic services, entertainment, bio and theme […]
The purchase of Real Estate in the Dominican Republic is governed by Real Estate Property Registration Law No. 108-05 of 2005 and its regulations, the Dominican Civil Code and other special Dominican laws which may apply depending on the type of transaction. General Requirements of Form and Substance Among the requirements of form to make […]
Incidence of AML Laws in Cross-Border Real Estate Transactions in Dominican Republic[1][2] The conveyance or transmission of rights over real property in the Dominican Republic (DR) is governed by freedom of contract principles, coupled with the requirement of a notarized written document to satisfy statute of frauds considerations and a series of property transfer and […]
On July 11, 2018 the Dominican Republic Executive issued decrees 258-18, 259-18 and 260-18 for the purpose of making more efficient some government procedures and optimizing the country’s institutional regulatory scheme. Executive Decree 260-18, amending articles 65 and 66 of Decree Regulation 599-01 of Dominican Intellectual Property Law 20-00 of May 10, 2000. Through this […]
Notary Law 140-15, created a Register of Wills to protect the interests of the parties involved in a will prepared in the Dominican Republic. As a result, all notaries that provide notarization services for the preparation of a will must register an extract of such will, before the corresponding judicial authority, within a period of […]
On July 11, 2018 the Dominican Republic Executive issued decrees 258-18, 259-18 and 260-18 for the purpose of making more efficient some government procedures and optimizing the country’s institutional regulatory scheme. Decree 259-18 creates the Single Window of Building Construction Permits in the Dominican Republic. The Ministry of Public Works and Communications of the Dominican […]
On July 11, 2018 the Dominican Republic Executive issued decrees 258-18, 259-18 and 260-18 for the purpose of making more efficient some government procedures and optimizing the country’s institutional regulatory scheme. Decree 258-18 begins the first stage of the National Regulatory Improvement Plan. Among the main objectives of Decree 258-18 of Regulatory Improvement is to […]
Felipe Castillo, partner in Arthur & Castillo has been featured in the American Bar Association’s Section of International Law publication “The Year in Review” 2017 for Cross Border Dominican Republic Real Estate Practice. The publication consists of an annual survey of international legal developments in different areas of international and national law and includes the […]
On September 27, 2016, the Dominican Republic (DR) Executive Branch issued Decree No. 268-16 creating the Evaluation Commission of Real State Lands Registered as Owned by the Sugar Mills belonging to the Dominican State Sugar Council or Consejo Estatal del Azucar (CEA). The Decree recognizes the DR’s economic transformation, where Government lands originally dedicated to […]
Many foreigners who come to the Dominican Republic, for either business or pleasure, discover the many different environments found within a short drive: major internationally-linked cities, scenic tropical country sides, serene mountain ranges, and pristine white sand beaches. The idea of buying real estate property in the Dominican Republic may come to mind, whether it […]