20/06/2026
Law 30-26 has been approved and published, introducing several tax measures.
One of the changes affects the sale of real estate.
Under the new law:
- Individuals will be subject to a 10% capital gains tax on profits realized from the sale of real estate.
- The tax must be paid within 6 months of the transfer of ownership.
- If the full or partial proceeds are reinvested in the purchase of a new primary residence within 6 months, the capital gains tax may be fully or partially exempt.
- Certain entities may also qualify for this tax treatment, subject to the requirements established by law.
If you are planning to sell property in the Dominican Republic or would like to understand how these changes may affect you, feel free to contact us.
[email protected]
(809) 571-4110