President Leonel Fernández issued Decree 21-98 which eliminates the requirement for foreigners to obtain the permission of the President to purchase land over 2,000 square meters. The Decree was issued in the spirit of eliminating obstacles for foreign investment here. Now, foreigners will only be required to register the purchase with the Ministry of Interior and Police within 15 days after purchase. This decree benefits foreign residents as well as non-residents.
