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Selling property: tax on gains

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Last verified: 2026-10-30 · Status: Changing

Since June 2026, an individual seller pays a final 10% on the real estate gain, due within six months of the sale. Reinvesting the whole amount in a new habitual home within six months exempts the gain, and sellers over 65 are exempt on their habitual home. Companies pay the general rate, but companies that only hold non commercial real estate can use the 10%. The seller must also file the discharge at DGII.

USD figures use the Banco Central de la República Dominicana reference selling rate of RD$60.9007 per US dollar for 29 October 2026, the latest row in its published rate file on the verification date, rounded to the cent.

Key facts

Individual tax on real estate gains10 %Código Tributario art. 296-1, as of 2026-10-30 · in force
Reinvestment window for habitual home6 monthsCódigo Tributario art. 296-1 paragraph II, as of 2026-10-30 · in force
Habitual home sold by over 65sExempt Código Tributario art. 299 literal m, as of 2026-10-30 · in force

The rule

1. Gains on real estate owned by individuals pay 10% as a sole and final payment.
Example: RD$15,000,000 gain, RD$1,500,000 tax / US$246,302.59 gain, US$24,630.26 taxLey 30-26, art. 14, adding art. 296-1 to the Código Tributario, 2026-06-18 official text · verified 2026-10-30 · changed: New in Ley 30-26 of 18 June 2026.
2. The tax is settled within six months of the transfer act.Ley 30-26, art. 296-1 paragraph I, 2026-06-18 official text · verified 2026-10-30
3. A gain on a habitual home is exempt when the full amount received is reinvested in a new habitual home within six months. Partial reinvestment exempts a proportional part.Ley 30-26, art. 296-1 paragraphs II and III, 2026-06-18 official text · verified 2026-10-30
4. Gains on the transfer of the habitual home by individuals over 65 are exempt.Ley 30-26, art. 299 literal m as added, 2026-06-18 official text · verified 2026-10-30
5. Legal entities whose only activity is holding real estate not used for commercial activity can use this treatment.Ley 30-26, art. 296-1 paragraph IV, 2026-06-18 official text · verified 2026-10-30
6. The gain is the sale price less acquisition or production cost adjusted for inflation.Ley 11-92, Código Tributario, Title II, art. 289, 1992-05-16 official text · verified 2026-10-30
7. The seller files the discharge at DGII. The property cannot have unpaid transfers, fines, IPI or asset tax debts. DGII answers in 10 working days, with no silent approval.DGII Guide 18 on transfer and discharge of real estate, June 2025, Discharge, 2025-06 official text · verified 2026-10-30
8. A non resident seller gives a power of attorney with apostille, and DGII puts an administrative oposición on the property until the buyer pays the transfer tax.DGII Guide 18 on transfer and discharge of real estate, June 2025, Discharge requirements and effects, 2025-06 official text · verified 2026-10-30
9. Those under Ley 171-07 are exempt from 50% of capital gains tax on property bought under that law when sold to third parties.Ley 171-07, art. 14, 2007-07-13 official text · verified 2026-10-30

Worked example

  • An individual sells a rental apartment for RD$35,000,000 (about US$574,706.04), with an inflation adjusted cost of RD$20,000,000 (about US$328,403.45). The gain is RD$15,000,000 (about US$246,302.59) and tax is RD$1,500,000 (about US$24,630.26), due within six months. If it were the habitual home and RD$17,500,000, half the amount received, went into a new habitual home in time, half the gain would be exempt, leaving RD$750,000 (about US$12,315.13).

Step by step

  1. Work out adjusted cost from the purchase file.
  2. Sign, stating the means of payment.
  3. Request discharge at DGII, with form FI-DVB-012.
  4. Pay the 10% within six months.
  5. Move proceeds with bank support. See fx/capital-contributions-and-repatriation.

Common traps

  • Art. 296-1 speaks of individuals without limiting it to residents, so a non resident seller should expect it to apply.
  • DRAFT, NOT IN FORCE: art. 11 of the draft regulation of Ley 30-26 accepts only completed purchases as reinvestment, not options, promises or off plan contracts.
  • A sale between close relatives needs a DGII certificate that no gift is presumed. See taxes/inheritance-and-gift-tax.
  • The Ley 171-07 50% relief predates the 10% rate, and how it combines with art. 296-1 was not found in official guidance.
  • Shares of a company holding Dominican assets are a separate question. See taxes/capital-gains.

Sources

Related pages

Related: Dominican Republic country profile · live dashboard · central bank and release calendar · our posts on X

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