EARN GENEROUS COMMISSIONS AS A NOVAL PROPERTIES PARTNER

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EARN GENEROUS COMMISSIONS AS A NOVAL PROPERTIES PARTNER

Are you a real estate agent, broker, or investment company looking for new business opportunities? Noval Properties offers you a variety of properties of unsurpassable quality and high profitability starting at 6% R.O.I., located in the most coveted destinations in the Dominican Republic. Earn generous commissions as a Noval Properties partner with our referral program.

We provide all the promotional digital content needed to promote and sell our projects and generate leads with top quality, lead generating content and media assets. We offer support and sponsorship in promotional campaigns in social networks, marketing and communication, co-op branding, ongoing educational programs, broker recognition, including award and incentive programs.

Working with us as a real estate agent, you get generous commissions with the accompaniment of our team of experts, who will guide you throughout the sales process to ensure and accompany your customers with the best after-sales service.

Discover the benefits of partnering with Noval Properties Referral program

The Dominican Republic is the leading investment destination in the Caribbean, attracting 40% of foreign investment in the entire region. With a diversified economy based on agribusiness and tourism, a stable government system with a favorable business climate reflected sustained growth above the regional average. A safe and secure investment for your clients

All you must do is refer your contacts to us and when they invest in our developments you make a commission.

Once you are registered with us We'll give you access to all our exclusive developments the Dominican Republic You can promote them among your clients and when they decide to invest, we transfer your commission for referring them

Ubicación

Located in the heart of the Caribbean with over 540 flights per week

Aeropuerto

International Airport with direct flights worldwide

Dinero

High return Investment opportunities

Enviroment

Favorable environment for foreign investments

Tax

15 years Tax Exemption

Inmuebles

Excellent equity

Tourism

Continued growth in tourism

Mejores playas

Award winning beaches

Strategically Located

Located on the second largest island in the Caribbean, the Dominican Republic has become the most coveted destination in the entire Caribbean, since in addition to its strategic location, its diversity of natural environments, its history, its culture, and its impressive natural beauties; This land is recognized by all for the quality of its people, their kindness, those defined in the best hosts in the world.

Invierte en los mejores destinos de República Dominicana

Facilities for real estate investment

Through law 158-10 of CONFOTUR, the Dominican state establishes a series of facilities and tax incentives for real estate projects with commercial vocation and tourism activities to promote tourism development in the Dominican Republic.

What are the benefits?

Monedas
Real Estate Tax Exoneration

This annual tax is 1% of the property's value above DOP $6,750,000. If the client obtains several properties, they will add their values together. If the total is above DOP 8,138,353.26, it will be tax-exempt. Depending on the project, this tax exemption will last 10 to 15 years.

Impuestos
Release of the transfer tax

The transfer tax is the legal process that allows you to put the property in your name after the purchase of the property. This amnesty represents 3% of the value of the property. For example, we put the following scenario: If you acquire a property for U.S. $200,000, you will save US 6,000 dollars.

Beneficios extranjeros
Benefits for foreigners

Foreigners can also declare their real estate investment as an expense and benefit with a saving in their income tax return.

Inversión
Deduction on taxable income

Individuals can, at the time of filing their taxes, add their real estate investment and obtain savings of up to 20% on the net taxable income.

Important

As a Noval properties referrer , something essential to remember is that only projects that are under the CONFOTUR law receive these benefits. This benefit only applies to the first buyer of the property. If the owner decides to sell, the new buyer will be responsible for paying the taxes, and the CONFOTUR law will not apply.

Our Projects - Destinations

Located on the second largest island in the insular Caribbean, the Dominican Republic has become the most coveted destination in the entire Caribbean, since in addition to its strategic location, its diversity of natural environments, its history, its culture and its impressive natural beauties; This land is recognized by all for the quality of its people, their kindness, those defined in the best hosts in the world.

Las terrenas
Las Terrenas
Cap cana
Cap Cana
Jarabacoa
Jarabacoa
Santo Domingo
Santo Domingo

Fly and Discover

Virtual trade show - Juanillo hills

Frequently asked questions

Find below the FAQ categories

In a real estate transaction, buyers and sellers must be present or duly represented by power of attorney at the closing.

The parties can use electronic signatures for private documents that don’t require filing to a public institution by mutual agreement.

Every case is different, especially in terms of asset protection and tax savings; however, in terms of ownership, there is no difference. When buying in the name of a corporation, there will be additional obligations in terms of company maintenance, bookkeeping, and taxes.

In normal circumstances, the average time will be from 2 to 4 weeks; however, the timeframe for the due diligence will be dictated by the potential problems and situations that we will find out when performing researches and paperwork revision.

Since the pandemic, transferring the title to the new owner takes about 2 to 3 months.

There is no need to be a resident to own property. Private ownership is not subject to immigration status in the DR.

Transfer tax in the DR is 3% on the highest amount between the purchase price and the register value.

Property tax in the Dominican Republic is 1% a year, based on the registered value of the property; the first, approximately US$150,000.00, is tax-free. Therefore, the exemption is based on a natural person’s total real estate patrimony, meaning that the total amount of the exemption will be the same whether having one or multiple properties. This exemption does not apply to corporations.