The Dominican Republic is one of the 10 most visited countries in 2022, according to Forward Keys Magazine. The Dominican Republic raked to the top with 5% more visitors than it received in 2019. It is also a favorite country for investment, since non-residents and foreigners have access to local bank financing.
Punta Cana is the investment destination per excellence. From January to November 2022 it received 3,708,267* tourists, which represents 72% of the tourists visiting the country.
Just in the weeks from December 5th to 11th, 2022 Punta Cana International Airport received 486 flights and according to the Tourist Ministry, David Collado, this great dynamic will continue throughout the holiday month.
Punta Cana has one of the largest coasts of white sand in the Caribbean, a total of 29.8 miles accentuated with palm trees and see through warm water. Could you think of a better place to just relax and rest or perhaps, have an unforgettable family vacation?
As a result of the expansion of tourism and the new visitors that arrive each year to Punta Cana, the demand for short-term rental accommodation is growing. Currently, there is a large segment of tourists who prefer to stay in fully equipped luxury condominiums/villas instead of a hotel or resort.
Another great advantage that favors investment in this destination is CONFOTUR’s law, new properties for sale are exempt from the tax on transfer of real estate rights, that is, 3% of the value of the property; and, from the real estate tax (IPI), which is equivalent to 1% of the annual tax that is applied on the total sum of the real estate assets during 15 years.
The best time to invest is now
