There are no any restrictions on foreigners purchasing real estate property in Punta Cana.
Can foreigners buy a property in Punta Cana?
Since 1998 was established a new regulation and abolished previous decree from the year 1945. The only requirement currently is that the Title Registry Offices keeps a record of all purchases made by foreigners, only for statistical purposes.
Foreigners can also apply for financing in Dominican Banks, with 30% down payment and up to 7 years financing. To apply for financing you need to do a pre-approval.
With following documents:
Last two years paid income taxes for US citizens in government form.
Last six months of movements of your accounts
Copy of your IDS
Authorization to verify your Credit History, signed in the bank.
