Confotur is a law in the Dominican Republic that encourages tourism and real estate investment in the country by offering tax incentives and exemptions to investors. The law was enacted in 2005 and has been a driving force behind the country’s growing tourism industry.
There are many properties in Punta Cana approved by Confotur and offer tax exemptions for up to 15 years. These notable projects are located in Puntacana Resort & Club, Cap Cana and Bavaro. These properties offer luxurious accommodations and world-class amenities, all while saving investors from having to pay property taxes for the next 15 years. With the benefits of Confotur, investing in these properties can be a smart financial decision for those looking to own a piece of paradise in Punta Cana.