The Dominican Republic’s CONFOTUR law offers significant tax incentives for those looking to invest in the country’s real estate and tourism sectors. CONFOTUR, short for the Tourism Development Law, provides exemptions on various taxes, making it easier for investors and developers to focus on growth rather than high costs. Enacted to boost the country’s tourism infrastructure, CONFOTUR enables certain projects to qualify for benefits like no transfer tax, exemption from property tax for up to 15 years, and exemption from import duties on equipment used in eligible projects.
For foreign an