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 […]
On the day of Dominican Real Estate Purchase Closing the seller may be asked to furnish the buyer in addition to the original certificate of title (owner’s duplicate) a series of legal documents which are most commonly gathered, requested and obtained by the seller’s attorney. Among these documents is the certification issued by the title […]
U.S. Preclearance at Punta Cana Airport: What the 2016 Agreement Promised Travelers and Investors On December 2, 2016, the Dominican Republic signed on to an exclusive club. Under a preclearance agreement with U.S. customs authorities, travelers departing Punta Cana International Airport for the United States would complete U.S. customs and immigration checks before boarding, landing […]
Employers of Dominican hotels, casinos, restaurants, bars, cafes, cafeterias, night clubs, fast food and other food and beverage business, should know that Dominican Labor Ministry Resolution 17-2015 of National Minimum Wage for such sectorized employees was approved on August 25, 2015. The most relevant provisions of Resolution 17-2015 include: Fixing the minimum wage of Dominican […]
The Dominican Republic’s Bid to Become the Caribbean’s Air Hub, and What It Means for Investors Ten million tourists a year. That was the target on the table when the Dominican Republic’s tourism industry and commercial aviation sector agreed to push a shared goal: turning the country into the Caribbean’s principal air hub. The initiative, […]
Dominican Real Estate Property Sale Tax Ruling 08-2014 of December 22, 2014, provides for the Release of Real Estate Property from the seller’s information registered at the Dominican Tax Administration’s registration system. Individuals and legal entities that sale a real estate property before or after the publication of said Tax Ruling must file a release […]
Dominican Real Estate Law Developments, include a Draft Bill amending Tourism Development Promotion Law 158-01 (“Confotur Law”). On July 22th of 2013, the Chamber of Deputies of the Dominican Republic approved the Draft Bill amending Confotur Law No. 158-01 of Incentives for Tourism Development of the Dominican Republic to include non- exempt urban and oceanfront […]
Dominican Real Estate Property Survey is mandated and regulated under Resolution 1419-2013 of May 16, 2013, of Diverse Procedures before the Title Registrars and the Cadastral Measurement Offices (“Resolution No.1419-2013”). Within the Diverse Procedures proposed in such Resolution No.1419-2013, is the survey (or deslinde) of real estate properties supported by Annotated Records (i.e. Constancias Anotadas), and […]
Dominican Tourism Sector Land Use and Organization Plan Resolutions issued by Ministry of Tourism of the Dominican Republic on March 26th of 2012, modify the Urban and Construction parameters for the northern part of the Samaná Peninsula, the Punta Cana, Bávaro- Macao Area, respectively. The purpose of these resolutions is to regulate the urban categorization, […]
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