What is Confotur and who qualifies?

Confotur is the Dominican tourism incentive law. It gives tax benefits to approved tourism projects, which can include certain condos and villas that are part of them. Not every property in a tourist area qualifies. The benefits are tied to the project, not just the location. So the key question is: is this project approved under Confotur, and does the benefit pass to me as the buyer? What to check before you buy: • Ask the developer for the project's Confotur approval letter. • Ask exactly which taxes are covered and for how many years. [Confirm the current terms with your lawyer and fill in here.] • On a resale property, ask whether the exemption transfers to a new owner. It may not. • Have your lawyer confirm everything in writing before you pay a deposit. If a seller says "it's Confotur" and can't show you the paperwork, walk away. I check Confotur status on every project I show. [Add the projects you currently offer with Confotur, by name and area.] Next step: Book a free 30-minute call https://calendly.com/buyingpropertyindominicanrepublic/30min and I'll show you which projects qualify.

Johanna Batista

10/16/20261 min read

Contacts

info@Johannabatista.com
(631) 403-6416

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