CONFOTUR (Consejo de Fomento Turístico) is the Dominican government's tax incentive program for tourism investment. Registered projects benefit from IPI exemption for 15 years and exemption on real estate transfer.
The real estate trust is a Dominican legal structure where an authorized trustee holds buyers' funds in total separation from developer accounts. It protects buyers: their funds cannot be used for other purposes.
Yes. We work with Banreservas and BHD León which offer mortgages to Dominican residents and foreign residents. Conditions depend on profile: rates 8-12% USD, duration 15-25 years, minimum 30% down payment.
It's a World Activities Group internal rule: we don't start construction of a phase until reaching 52% pre-sales in the phase. Doubly protects the buyer and the bank.
Yes. We accept legalized powers of attorney and the entire process can be done remotely. We provide 360° virtual tour, trilingual documentation (FR/EN/ES) and DocuSeal electronic signature.
We have 7 active projects: P01 Coralis (San Cristóbal), P02 Coral del Sur (Yagrumo, San Cristóbal), P03 Nakua (Punta Cana), P04 Xamana (Palenque), P05 Najayo Arriba, P06 Coco Real Bávaro, P07 Las Terrenas. Prices from 96,000 USD to 895,000 USD.
1) Project and unit selection · 2) Reservation with 10-30% deposit · 3) Trust contract signing · 4) Staggered payments per construction phases · 5) Final signing before notary at delivery · 6) Key handover + Registro Titulos registration.
IPI: 1% annually on value above 8 million DOP (~140,000 USD). Exempt if CONFOTUR project for 15 years. Transfer tax: 3% (exempt CONFOTUR). No tax on real estate capital gains between individuals.
It's our internal rule: any feasibility must be signed by 6 experts before financing: Developer (World Activities), HRD Developer, Constructor (AC Arias Cuevas), Certified Architect, Engineers, and Certified CPA (Emily Zayas).
Direct WhatsApp: +1 (849) 517-2355. Email: [email protected]. Santo Domingo office: +1 (809) 286-7567. We respond within 24 business hours.