About Us

Yes, foreigners are legally allowed to buy and own property in the Dominican Republic. Lets Invest Dr specializes in helping international clients navigate the process of purchasing real estate in the DR. Our team is well-versed in the local laws and regulations pertaining to foreign ownership of property, and we can provide valuable guidance and assistance every step of the way. Whether you are interested in residential properties, commercial real estate, or investment opportunities, we are here to help you achieve your real estate goals in the Dominican Republic. Let us leverage our expertise and local connections to make your real estate investment in the DR a smooth and successful experience.

When working with Lets Invest Dr, in addition to the purchase price of your home, there are several other costs to consider when owning a property in the Dominican Republic. These may include legal fees for the title transfer and closing costs, which typically amount to around 3.5% of the property's value. Additionally, there may be ongoing costs such as property taxes, which are typically 1% of the property's assessed value over $150k, as well as maintenance fees for condominiums or gated communities. It's also important to budget for utilities, such as water, electricity, and internet, as well as insurance for your property. Lets Invest Dr can provide transparent guidance on these costs and help you navigate the nuances of home ownership in the Dominican Republic, ensuring that you are well-informed and prepared for all associated expenses.

As a non-resident looking to invest in the Dominican Republic, it's important to be aware of the country's visa requirements and fees for extended stays. The DR's policy for extended stay of non-residents is one of the most relaxed in the world. You only need to pay a fee if you stay longer than your tourist visa. Your tourist visa from the airport expires in 30 days, so if you leave 30 days – 3 years after your visa expires, you will pay a fee at the airport that is calculated based on how long you overstayed. This flexibility makes it easier for non-residents to invest in real estate and spend extended periods of time in the country without strict visa requirements. At Lets Invest Dr, we can guide you through the visa process and provide assistance with understanding the fees and regulations for extended stays, ensuring a smooth and hassle-free experience as you explore investment opportunities in the Dominican Republic.

Yes, non-residents can obtain financing for real estate investments in the Dominican Republic through Lets Invest Dr. We work with local banks such as Scotiabank and Banco Popular, as well as other financial institutions, to help facilitate financing options for our clients. Our team is experienced in navigating the specific requirements and processes involved in securing financing for non-residents, and we are committed to helping our clients find suitable financing solutions for their real estate investments in the Dominican Republic. With 20-30% down securing loans is a smooth process.