@LandInDominicanRepublic
French expat in Dominican Republic
Forum
3 posts
About me
French
Speaks French, english & spanish
Registration: 08 August 2022
Activity
Legal fees on purchase by cessnadriver
Hello all, We are purchasing a studio appt in a condo complex near Las Terrenas (Playa Bonita specifically) and have been quoted 1770USD for complete legal fees by the lawyer, who was mentioned to us as a possible choice by the vendor's realtor. ...
Hi,In general it is 3% tax (But it is possible to make 2 acts to reduce taxes) and 1% (lawyer/notary) also negotiable (everything depends on the total value of the purchase because 1000 sqm or 10 000 sqm it is the same work but not the same ... Read More
How to buy a house in the Dominican Republic? by imingret
Good morning,We are French and live in France. We went in early March to Las Terrenas in the Dominican Republic. We fell in love with a house and decided to invest.The real estate agent set up an appointment with his notary first, then, after ...
HelloIndeed it is strange.As already said it is often more interesting to buy the company than its assets.In any case it is strongly advised to have a very good lawyer in the Dominican Republic to check everything and give you guarantees before ... Read More
HOA in Condominium projects by DominicanadaMike
Hello everyone,I am interested in knowing peoples perception of HOA's in condominium projects vs the Administration.I believe it is quite different than North America and I see HOA's as a positive addition to the Condominium projects. Albeit, most ...
HelloThe law of condo in DR is the law 5038 and 108-05 & 51-07. Read More