Dominican republic set to regain popularity with overseas property investors News Posted On: 14 December 2009 During 2008 rapidly rising tourism and low property prices made the Dominican Republic one of the most popular destinations among the new wave of overseas property investor, and holiday home investor. Like many markets around the world there has hardly been a peep about Dominican Republic property this year — that is, until now. The massive American hotel chain Hard Rock Hotel has just…
Land offers the safe familiarity of an old friend in times of economic downturn. It’s a tangible asset and one which can never be taken away. As supply diminishes and demand does the opposite, land values almost always rise and at a much faster pace than property. So why not opt for a headache-free, 45,000 USD investment into a plot of land in the Dominican Republic? And enjoy the added protection of a guaranteed buy-back in two years at 167%…
Read the Dominican Property Guide from Dominican Watchdog before investing in the Dominican Republic
Everybody can buy real estate in the Dominican Republic – no residence or local partners are required!
Be careful with all estate agents and realtors in the Dominican Republic as they do not need a license to operate, and they have no malpractice insurance. Your deposits are not covered by any laws or organizations.
Before signing any contracts, or paying any money, you must use a trusted lawyer to…
Golf great Greg Norman was keynote speaker at the unveiling of 52 private villas that will act as the cornerstone of a $1 billion development in the island country of Dominican Republic in April. Known as “The Great White Shark,” Norman greeted an international press corps to show off his latest golf course development at Costa Blanca’s two-day kickoff.
Costa Blanca’s plans are enormous; spread over 300 acres in the town of Juan Dolio and incorporating 10 towers with 52 private…
Hartlepool, United Kingdom, May 17, 2009 –(PR.com)– The Dominican Republic has among the lowest living costs in the Caribbean, which translates to cheap holidays making it a favourite Caribbean destination in the current climate. The international downturn cam at a perfect time for Dominican; tourism was rising massively beforehand and it has been boosted by people’s current penny pinching attitudes. "The property market is fuelled by its tourism industry, and towards the end of last year a sort of competition started for…
Dominican Watchdog – the first consumer protection agency in the Dominican Republic needs help from the international press community to locate foreign investors from around the world who have been victims of real estate fraud in the Dominican Republic.
Santo Domingo, Dominican Republic (PRWEB) May 11, 2009 — Dominican Watchdog, a nonprofit consumer protection agency operating under a new trust and transparency program in collaboration with the European Union Commission and under the United Nations protocol against corruption and crime. We…
The developers behind a high-profile Caribbean real estate project have given a series of investment tips for those looking to buy property in the country.
The Dominican Republic is enjoying a growing reputation as a luxury real estate hub, where prices can often be less than more well-known markets like Barbados.
North Island Development, which is behind the Palmera de Cabarete Resort and Spa scheme in Cabarete, issued tax and purchase advice.
President and chief executive Darren Law said buyers should seek out a trustworthy,…
By: Darren Law
President and Chief Executive Officer of U.S-based NID Holdings, LLC
What are the restrictions on purchasing Dominican Republic real estate by foreign investors?
No restrictions are placed on foreigners investing in Dominican Republic real estate. In fact, the government welcomes it, recognizing that it positively contributes to the local economy. Additionally, there are no restrictions on purchasing ocean front real estate as there are in many other countries in the Caribbean basin, such as Mexico.
How is title held for real estate…
The small town of Cabarete on the north coast of the Dominican Republic has enjoyed sustainable tourism since the early 1980s.
Thousands of tourists who travel the world in search of wind have turned the town into a kiteboarding, windsurfing and sailing Mecca.
Now the beauty of hundreds of sails and kites on the water every afternoon has caught the eye of New York-based developer Sackman Enterprises, that is lobbying to change the height rulings for Cabarete.
The Federation for Sustainable Cabarete (FCS)…
By CURT ANDERSON
AP Legal Affairs Writer
MIAMI — A Canadian father-and-son team that operates real estate businesses in the Dominican Republic defrauded hundreds of people in the U.S. and Canada who invested some $170 million in luxury vacation properties, according to a lawsuit filed in federal court.
The lawsuit contends that Frederick and Derek Elliott, through a web of offshore companies and other entities, improperly used investor cash for such things as a yacht, a private plane and investments in movies and…
me dan las gracias despues! 
Tuesday, December 15, 2009
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