Many people dream of sitting on their veranda, sipping tall drinks while watching the sun go down in a tropical paradise such as Punta Cana. Many immediately tell themselves it’s a pipe dream, assuming that the cost of an island home is out of their reach.
We’ve been getting a lot of calls from people confused about the regulations around home loans in the Dominican Republic. A lot of people are confused about what they can or cannot do here, so I want to make a few things clear. Continue reading Getting a Second Home loan in the Dominican Republic
After months of looking, and countless hours browsing the Internet, you’ve finally found your dream vacation home. The white sandy beaches and natural beauty of Punta Cana are just yards from your front door. You’re all set to enjoy life in your little slice of Paradise.
Except for one not so tiny problem: you aren’t approved for financing. Continue reading Buying in Punta Cana? Are you pre-qualified for a loan?
Are you a United States citizen or resident enjoying life under the sun in the Dominican Republic? Or do you still live in the United States but own a second home here in the Dominican Republic that you use as a vacation home or as a rental property? Continue reading Uncle Sam Wants You … to Report Your Dominican Republic Income