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Investments in the Dominican R...
Investment Choices
Currently in the Dominican Republic created very favorable
conditions for investment in real estate and construction (reduced tax rates,
with large investments can be a relief from the annual property tax, which is 1% of the amount of purchases are exempt for 10 years). Moreover, according to experts, investing and buying property in the Dominican Republic — is the most
profitable and legal investment of money today in the world.
After all, the most lucrative business — investment in those
countries where economic upturn has only just begun, where the investor uses extensive rights and entitlements and there is a wide scope for investment
activities. Just such country is now the Dominican Republic. Recently, it is
gaining a big popularity not only in the western, but also of domestic
investors who are just beginning to come to this attractive market. The Government of the Dominican Republic encourages aspiration of foreigners to acquire real estate and obtain residence permit and citizenship.
Since that time, the authorities began to pursue an active
policy to attract foreign investments on the island prices began to grow
rapidly not only on coastal land, but also on plots in regions favored by the
Europeans and by the North Americans, and have the appropriate
infrastructure. Those who have the financial capacity purchase large land areas, are earning on their development, making these untouched areas into modern settlements.
Do It Yourself (construction)
Our company is prepared to offer you the construction of a
villa of any complexity «full construction».. Availability of staff of highly
skilled professionals with extensive experience in the Dominican Republic
guarantees you the quality and timing of construction, also reliability in preparing all the necessary documents.
The cost of building one-floor villa with a standard finish
is between 500 to 700 USD / sq. m., including all communications and documentation, that is «full construction». The construction takes from six
months to one and a half years for a commercial property, such as, for example,
condominium of 20−25 apartments .Despite its apparent simplicity, the construction in the Dominican Republic has its own peculiarities that require
special knowledge as in building technology as well as in the licensing
documentation. We recommend construction companies with extensive experience in this country, excellent references and a lot of successfully completed
projects.
Money to money (renting out)
Owning real estate in the resort town of the Dominican
Republic (for example, such as Sosúa, Cabarete), you can charge for the housing
and care of its lease in your absence management company. For example, rent a
villa worth $ 250−550 thousand can give $ 1500−4000 per month, depending on the
distance from the beach and location. For an apartment which costs about $ 150 thousand you would gain about $ 1,000 a monthly ,by renting at the time of
short term, price increases.
Investments in the Dominican Republic is always
profitable!
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