Can an American corp own R E in the D R? Formed in any USA State? legal? Advantages? Disadvangages? A trust formed in the USA, any state? Same Questions? Thank you.
Can an American corp own R E in the D R? Formed in any USA State? legal? Advantages? Disadvangages? A trust formed in the USA, any state? Same Questions? Thank you.
An American corporation or LLC may purchase and own property in the Dominican Republic. However, first it needs to obtain a tax number (RNC) here in the DR which requires filing a copy of the corporate (or LLC) documentation, translated into Spanish and authenticated by a Dominican Consulate.
