Any individual may incorporate, for their own benefit or that of their heirs at law or their spouse, an unseizable real estate property that will be called Family Property (“Bien de Familia” in Spanish). Among the advantages of the real estate property incorporated as Family Property, registered as such, are: (i) The real estate property […]
The Dominican Republic is a very popular wedding destination in the Caribbean with wide resort offerings facing spectacular white sand beaches. Prenuptial agreements are commonly used by spouses seeking to keep their finances and debt separate, establish property rights and its distribution, protect family estate and planning and avoid long and expensive court proceedings in […]
Under Dominican Law, there are two very important aspects which have an impact on the inheritance of assets of a deceased individual: the time and domicile of the deceased. The time of opening of an estate is the day that death occurs. Based on this rule of law, it is understood that the rights to […]
Dominican Republic Private International Law 544-14 was enacted on October 15th of 2014, and is now considered one of the most advanced references in the Caribbean. The objective of Private International Law 544-14 is to regulate the private international relationships of a civil and commercial character in the Dominican Republic, in particular those related to […]
The Inheritance Tax in the Dominican Republic applies to all assets located in the Dominican Republic, regardless of the last domicile of the decedent and of whether the succession is testamentary or intestate. If the deceased was a Dominican citizen or had its last domicile in the Dominican Republic, the inheritance tax also applies to […]
From an economic and legal perspective, a child’s paternity is important in matters such as child support and inheritance rights. If paternity was established or presumed, the father can overcome paternity in the Dominican Republic by initiating a claim before the corresponding Court and proving that he is not the biological father. This is an […]
The Donations Tax in Dominican Republic applies to all transfers of property made through a Donations Act, at the same taxable rate in place for the income tax of legal entities (currently 27%), over the value of the goods donated; payable by the donatee or recipient, or by the donor if stipulated therein; according to […]
Dominican real estate property inheritance is subject to the application of Dominican Law. Under Dominican Law, there are two very important aspects of Dominican property inheritance which have an impact on Dominican property inheritance of real estate assets of a deceased individual: the time and domicile of the deceased. The time of opening of a […]
Residence by investment in Dominican Republic, or special residence for pensioners or rentiers of foreign source income, constitutes a legal privilege that exempts its beneficiary from the procedure of previously applying for a temporary residence in the Dominican Republic. This implies a series of administrative facilities for the requester, such as a more expedite process […]
A Register of Wills to protect the interests of parties involved in a will made in Dominican Republic was created under Notary Law 140-15. 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 […]
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