Incidence of AML Laws in Cross-Border Real Estate Transactions in Dominican Republic

Incidence of AML Laws in Cross-Border Real Estate Transactions in Dominican Republic[1][2] The conveyance or transmission of rights over real property in the Dominican Republic (DR) is governed by freedom of contract principles, coupled with the requirement of a notarized written document to satisfy statute of frauds considerations and a series of property transfer and […]

Dominican IP Law Regulation Commercial Name Registration Decree 260-18

On July 11, 2018 the Dominican Republic Executive issued decrees 258-18, 259-18 and 260-18 for the purpose of making more efficient some government procedures and optimizing the country’s institutional regulatory scheme. Executive Decree 260-18, amending articles 65 and 66 of Decree Regulation 599-01 of Dominican Intellectual Property Law 20-00 of May 10, 2000. Through this […]

Bill regarding Asset Revaluation

On September 3rd of 2018, the President of the Dominican Republic submitted a Bill before Congress regarding the application of a temporary tax regime for the Declaration and Revaluation of Assets, based on the need to create certain conditions for the tax payers to be able to voluntarily transparent their goods and real estate assets, […]

Proyecto de Ley sobre Revalorización Patrimonial

El 3 de septiembre del 2018, el Presidente de la República Dominicana sometió ante el Congreso un Proyecto de Ley sobre Declaración y Revalorización Patrimonial, ante la necesidad de crear condiciones para que los contribuyentes puedan, voluntariamente, transparentar sus bienes muebles e inmuebles no declarados ante la Dirección General de Impuestos Internos (DGII), así como […]

Registration of Wills in Dominican Republic

Notary Law 140-15, created a Register of Wills to protect the interests of the parties involved in a will prepared in the Dominican Republic. As a result, all notaries that provide notarization services for the preparation of a will must register an extract of such will, before the corresponding judicial authority, within a period of […]

Dominican Construction Permits Single Window Decree 259-18

On July 11, 2018 the Dominican Republic Executive issued decrees 258-18, 259-18 and 260-18 for the purpose of making more efficient some government procedures and optimizing the country’s institutional regulatory scheme.  Decree 259-18 creates the Single Window of Building Construction Permits in the Dominican Republic. The Ministry of Public Works and Communications of the Dominican […]

Dominican Regulation Improvement Decree 258-18

On July 11, 2018 the Dominican Republic Executive issued decrees 258-18, 259-18 and 260-18 for the purpose of making more efficient some government procedures and optimizing the country’s institutional regulatory scheme. Decree 258-18 begins the first stage of the National Regulatory Improvement Plan. Among the main objectives of Decree 258-18 of Regulatory Improvement is to […]

AC Law partner featured in ABA Real Estate Publication

Felipe Castillo, partner in Arthur & Castillo has been featured in the American Bar Association’s Section of International Law publication “The Year in Review” 2017 for Cross Border Dominican Republic Real Estate Practice. The publication consists of an annual survey of international legal developments in different areas of international and national law and includes the […]

Purchasing Dominican Real Estate From Government

On September 27, 2016, the Dominican Republic (DR) Executive Branch issued Decree No. 268-16 creating the Evaluation Commission of Real State Lands Registered as Owned by the Sugar Mills belonging to the Dominican State Sugar Council or Consejo Estatal del Azucar (CEA). The Decree recognizes the DR’s economic transformation, where Government lands originally dedicated to […]

Buying DR Property: Avoiding Conflicts

Many foreigners who come to the Dominican Republic, for either business or pleasure, discover the many different environments found within a short drive: major internationally-linked cities, scenic tropical country sides, serene mountain ranges, and pristine white sand beaches. The idea of buying real estate property in the Dominican Republic may come to mind, whether it […]