Recent content by daisypolanco

Sure; if you obtained legal residency through this program, and have completed at least 6 months, you are eligible for citizenship. You can contact us directly for more details.

The eligibility criteria for residency under this program is not new. The application for obtaining the Investment Certificate has changed proceeding. You would first, have to register the company for RD$100,000.-; Second, transfer the funds (US$200,000.-) to the corporate bank account in the...

Obtaining the tax exemptions can take some time, since it has to go through 3 different government agencies, but can definitely be worthwile for the returns.

If you have been a resident for more than 10 years, you may already be eligible for citizenship. You can contact us directly and we can evaluate your case

Attorney

Correct; this is not a new residency application process; ProDominicana has updated requirements for the Investment Certificate

Attorney

Would depend on your long-term goals in the DR

These benefits are accesible for investment residents only; you would have to complete the residency process. There are other residency categories that include these benefits; these also require completing the residency process in order to access these exemptions.

1. There has been an update with the process to obtain the Investment Certificate at ProDominicana 2. Tax benefits include (for investment residents): 0% Transfer Tax on the first property purchase. 50% exemption on the Real Estate Property Tax. 50% exemption on the Capital Gains Tax (generated...

Initially, the company must be registered for RD$100,000.-; then, you must increase the capital to USD$200,000.-, through the company's corporate account.

There are additional steps that would require increasing the investment; but registering the company for RD$100,000.- would be the first step of the process

If you have a business in the Dominican Republic registered with a capital of RD$100,000.-, or are interested in registering one, you may be eligible to qualify as a 'Direct Investment' Resident. The Export and Investment Center of the Dominican Republic (ProDominicana) has implemented new...

Hi! Depending on the type of residency permit you're applying to you may or may not need this 'Certificado'. In order to obtain residency through investment by property purchase, you need these 3 main reuirements: Property must have a value of at least USD$200,000. - The property must be...

What kind of residency did you apply for?