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Financial

ECOVIS VS+B (Ecovis Dominican Republic)

Accountant / tax advisor (contador)Audit & BPO

Contact Information

Why You Need a Financial Professional

Most 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.

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About

Santo Domingo member firm of ECOVIS, an international network of accountants, tax advisors, and auditors in 90+ countries. Integrated tax advisory, accounting, business-process outsourcing, and legal services, positioned for international business ventures needing cross-border expertise.

Service AreasSanto Domingo, Nationwide (Dominican Republic)

Languages

SpanishEnglish

Questions to Ask

Before engaging a financial professional, consider asking:

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

Useful Resources

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