Global Property Guide

Financial Information for Residential Property Buyers


Inheritance tax and law

Last Updated: January 09, 2017

INHERITANCE TAX
Inheritance taxes are levied at a flat rate of 3% for properties.

The following are exempted from inheritance tax:

  • Transfers of property with value up to DOP1,000 (US$21) to direct descendants and ascendants
  • Transfers of property with value not more than DOP500 (US$11) to beneficiaries that are not relatives
  • Transfer of primary residence
  • The receipt by a beneficiary of the insurance proceeds

GIFT TAX

Gifts taxes are levied at a flat rate of 25%.

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