Please explain, your initial residency container

Sosua dreaming New member

Member since 07 June 2017

Sosua dreamingNew member28 July 2017 14:49:39

Thank you

planner Dominican Republic Expert

Member since 27 December 2010

Dominican Republic Expert

plannerDominican Republic Expert28 July 2017 15:50:24

17267

Ok. When you apply for residencia yiu then have the ability to bring in a container of items for personal use. You pay shipping etc but no tax or duty. There are fees etc.

There are rules to follow. You cant bring in 5 brand new tvs etc. Its a household if personal goods and can include 1 vehicle less than 5 years old and owned completely (no loans).

Jgolak Contributor

Member since 03 May 2017

JgolakContributor28 July 2017 17:25:23

198

How do you establish "value" for the fees, what you paid for your household items (furniture, TVs, appliances), or what they're worth if you tried to sell them?

From what I've been reading even for this "one time exception" car tax is based upon DR government valuation (much higher than what we'd have for valuation in the US). Correct?
Thanks!

planner Dominican Republic Expert

Member since 27 December 2010

Dominican Republic Expert

plannerDominican Republic Expert28 July 2017 17:42:39

17267

with the cars, you need to pay 'tax' on it and yes they value as if it is from here. In terms of personal effects you dont pay tax on those if you are within the window for residencia. As I understand it, that is 6 months.