How to Buy Property in the Dominican Republic as a Foreigner

Your guide to securing your slice of Caribbean paradise—confidently and legally.

Your dream of life in the Dominican Republic might feel far-off , but the process is easier than you think for foreign buyers. Whether you're looking for a vacation home, rental investment, or a new tropical life, the DR offers unique opportunities and a welcoming legal framework for international ownership.

Here's what you need to know to start your journey with clarity and confidence.

1. Yes, You Can Own Property as a Foreigner

One of the most attractive parts of buying in the DR is that foreigners have the same rights as locals when it comes to property ownership. There are no restrictions on buying residential or commercial real estate. You can purchase land, condos, villas, and even beachfront property (with some coastal regulation considerations).

You don’t need to be a resident or citizen to buy—but if you're planning to spend extended time in the DR, you may want to explore the benefits of applying for residency later.

2. Get Pre-Approved Before You Shop

If you’re not buying in cash, financing is available—but you’ll want to start with pre-approval. At The Lending Brokers, we specialize in helping international buyers navigate Dominican mortgage options with ease. A local pre-approval gives you credibility, a clear budget, and a smoother negotiation process.

Our bilingual team can guide you through income documentation, credit requirements, and what to expect when applying as a foreigner.

Get Pre Approved Now

3. Work with a Trusted Local Real Estate Agent

Partnering with a licensed, reputable real estate agent is essential. Look for someone experienced with international buyers who understands both the legal and cultural landscape of the Dominican Republic. They can help you identify properties that align with your goals and budget—and avoid deals that look better than they are.

We’re happy to refer you to agents we trust who work with our clients frequently.

4. Hire a Real Estate Attorney

Once you've found the right property, a local attorney will ensure your paperwork is in order. They'll verify the title is clean, no back taxes are owed, and that the property boundaries are correct. This is not optional—it’s a critical step to protecting your investment.

We work closely with Dominican attorneys who speak English and are well-versed in property law, so you won’t feel left in the dark.

5. Make an Offer and Sign the Promise of Sale

Once your attorney has reviewed the property, you’ll sign a Promise of Sale (Contrato de Venta) with the seller. This agreement outlines the price, payment schedule, closing date, and other conditions. It’s often accompanied by a deposit (usually 10%).

If you’re financing, we’ll also coordinate your pre-approval with this timeline so your loan aligns with your closing.

6. Close the Sale

Once all paperwork is finalized and financing is approved, you'll sign the final sales contract (Contrato de Compraventa), and ownership will be transferred. The deed is then filed with the title registry and you're officially the proud owner of a home in paradise.

Congratulations!

Need Help Navigating the Process?

At The Lending Brokers, we specialize in helping international buyers finance homes in the Dominican Republic. We offer:

• Simple online pre-approvals

• Transparent mortgage options

• Credit support if needed

• Personalized broker guidance from start to finish

Ready to get started? Apply now or schedule a consultation and let’s turn your dream into a deed.