Description
- Can everybody buy in the Dominican Republic? Yes, everybody can buy and own a property for the full 100%. You need a valid passport and a second id.
- Do you have to be a resident from the Dominican Republic to buy a property? No, you don’t. When you start living here permanently it is advisable. The process is straight forward.
- Give banks loans to foreigners? Yes they do. But remember, can be expensive. (Now april 2020 intrest rates from around 9% a year and around 40% deposit). Process is slow but can be done.
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