CONFOTUR – The Smart Investment in the Dominican Republic What is CONFOTUR?

The CONFOTUR program is a government investment initiative of the Dominican Republic created to stimulate tourism development and attract international investors to premium vacation and tourism properties. Introduced in 2001 under Law 158-01 (Tourism Development Incentive Law), the program has been a key factor in the development of the most prestigious resort and investment areas in the country for more than twenty years. Tax benefits for investors CONFOTUR provides significant tax incentives for properties that are part of officially certified tourism projects. The main advantages include 0% property transfer tax, which means saving 3%, exemption from the annual real estate tax known as IPI of 1%, and additional tax incentives for a period of 10 to 15 years. This means a lower initial investment and higher net returns from the very first day. Which properties qualify for the program? CONFOTUR applies only to properties that are part of officially approved and certified projects. These usually include luxury vacation apartments, condo hotels and resort complexes, resort villas and tourism investment developments. It is important to note that certification is mandatory and not every property in a tourist area automatically qualifies. Who can invest? The program is open to both Dominican citizens and foreign investors without restrictions based on nationality. The purchase can be completed by individuals or legal entities. Instead of the standard 3% property transfer tax, a tax exemption certificate is issued and applied during the registration of the property. Why is CONFOTUR a strategic choice? For investors this means higher returns, reduced costs, long term tax stability and excellent potential for short term rentals. The tax benefits are linked to the property itself rather than the owner, which means that if the property is resold during the active period the new buyer can often benefit from the remaining advantages. At TurquoiseLux we carefully select CONFOTUR certified projects that meet high standards of quality, location and investment potential. Our mission is to provide you not just with a property but with a smart investment that offers real returns and long term value. Invest with confidence. Invest strategically. Invest with TurquoiseLux.