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Stage 3 · Financial · Central bank

Banco Central de la República Dominicana (BCRD)

Official DOP/USD rate for tax & mortgage calcs

Languages
ES · EN
Serves
Nationwide

About

Sets monetary policy and publishes the official daily DOP/USD reference rate used for property-tax calculations, mortgage indexing, and customs valuations. Useful when verifying that an exchange rate quoted to you matches the official reference.

Central bankExchange ratesGovernment referenceSpanish · English
Why a local lender matters at this stageMost foreign buyers pay cash, but Dominican banks do offer USD mortgages to qualified buyers (typically 50-70% LTV at 7-14% annual). Understanding your financing options and tax obligations — including CONFOTUR exemptions — can save you tens of thousands of dollars.Financing Calculator

Questions to ask before engaging

Good lenders and advisors answer all five without flinching.

01Do you offer USD-denominated mortgages to foreign nationals?
02What is the maximum LTV ratio, interest rate, and term available?
03What documentation do I need to provide (proof of income, credit history, etc.)?
04How long does the approval process typically take?
05Can you explain the annual property tax (IPI) obligations and any CONFOTUR exemptions?

Before you sign anything

Also at this stage

All 13 in Financial
Scotiabank Las TerrenasUSD loans up to $400K, 70% LTV for US/CA buyersES · ENBanco Santa Cruz - Las TerrenasDominican commercial bank, foreign investor lendingESJosé Antonio Quiñones · Dominican Breeze International Realty (Grupo Quiñones)Ex-PR mortgage institution president, multi-cityES · ENBanco Popular DominicanoPublished non-resident mortgage program, USD loansES · EN
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