Property & Email Marketing: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?


New Dominican Republic law 'will enhance property market'

Date : (News Section: Dominican Republic)

New Dominican Republic law 'will enhance property market'
New legislation that is being introduced in the Dominican Republic to enable the formation of real estate development and investment trusts is positive for the country.

This is the opinion of Luis Pellerano, partner in the Dominican Republic law firm Pellerano & Herrera, who explained in an article for The Metropolitan Corporate Council that the law also allows trusts to issue securities - including mortgage bonds, certificates and notes.

In addition, there are special provisions within the legislation to facilitate public-private partnerships (PPP) to develop low-cost housing in the Dominican Republic.

Earlier this month, Mr Pellerano stated there is growing interest in the use of PPPs in the Dominican Republic, although he told Latin Lawyer Reference - Project Finance 2013 that the main thing holding back PPPs is the lengthy approvals process.

He is confident, however, that the forthcoming legal changes will bring positive benefits: "The new Dominican law creates a market for securitised mortgages that will significantly enhance the country's housing and construction industries, while offering institutional investors an important investment opportunity," Mr Pellerano asserted.

Article by +James Roberts on behalf of

Read More

  1. 19 July 2013 - Dominican Republic property market experiencing 'confidence crisis'
  2. 20 June 2013 - Dominican Republic court ruling to affect property owners
  3. 20 March 2013 - Capitalise on golfing tourism in the Dominican Republic
  4. 22 February 2013 - Canadians are seeking sun in the Dominican Republic
  5. 08 November 2012 - Dominican Republic: Ease of access attractive to US markets

Let us search for you Let Us find Property in Dominican Republic for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Dominican Republic.

SubscribeGet Email Updates!


* We value your privacy and will never share your email address with anyone else.

USA Income Properties Fully Managed From $22,000

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Dominican Republic
Channel: All

More RSS FeedsGo

Media/Press SectionProperty News Search


News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo