The proposed tax reform may lead to an unsustainable rise in housing prices

The proposed tax reform may lead to an unsustainable rise in housing prices

Santo Domingo.- APROCOVICI, ADECLA, AEI and the Dominican Association of Housing Builders and Developers (ACOPROVI) are worried. They fear the proposed tax reform could greatly affect the construction sector, especially housing, by increasing costs. The housing sector may see a 30% price spike due to tax rate elimination for housing trusts, and the new VAT … Read more

First International Securities Markets Congress to be Hosted by Dominican Republic

First International Securities Markets Congress to be Hosted by Dominican Republic

Santo Domingo.- The First International Securities Markets Congress will be held by Salas Piantini & Asocs. It’s set for October 21 at the Intercontinental Real Santo Domingo Hotel. The goal is to make the Dominican Republic a center for global financial leaders. The congress serves as a global education platform that unites international experts to … Read more

Headquarters of the 83rd Blue Marlin World Fishing Tournament located in the Dominican Republic

Headquarters of the 83rd Blue Marlin World Fishing Tournament located in the Dominican Republic

In its 83rd edition, the Dominican Republic is hosting the world fishing tournament of the International Light Tackle (ILITTA). This event, held in Cabeza de Toro, Punta Cana, La Altagracia, has attracted 22 boats from 10 different countries to capture and release the Blue Marlin species. This esteemed event, now being held in Quisqueya for … Read more

Out of $23 Billion Applications at the Vehicle Fair, Only $7,800,000 Were Approved

Out of  Billion Applications at the Vehicle Fair, Only ,800,000 Were Approved

In Punta Cana, the Reserve Bank auto fair received applications totaling 23 billion pesos. However, only 7,800,000 million were approved. This shows that more than a third of the applicants were not eligible for a loan. Samuel Pereyra, the executive president of the bank, emphasized the success of the auto fair. He attributed this to … Read more

Helen Realtor Group, a Colombian Real Estate Firm, Announces its Launch in the Country

Helen Realtor Group, a Colombian Real Estate Firm, Announces its Launch in the Country

SANTO DOMINGO: Colombian real estate company, Helen Realtor Group, aims to grow its operations in the Dominican Republic. Company leaders, Helen García and José Montoya, selected the Dominican Republic for its trustworthy and secure market. They were the first Colombians to conduct professional property sales between Colombia and the Dominican Republic. “We sought investment opportunities, … Read more

Over 7,500 Visitors Attended the ASONAHORES Commercial Exhibition

Over 7,500 Visitors Attended the ASONAHORES Commercial Exhibition

  The Hotel and Tourism Association of the Dominican Republic, Asonahores, wrapped up the 36th edition of its Commercial Exhibition. During this exhibition, 7,500 visitors were in attendance. The event commenced the development of the production chain and fortified the commercial bonds of those involved in the tourism sector. Asonahores’ president, David Llibre, stated that … Read more

Elite House RD: The First Dominican Real Estate Agency to Expand into South America

Elite House RD: The First Dominican Real Estate Agency to Expand into South America

Elite House RD, a real estate agency has extended its operations to Bogotá, Colombia, marking its presence as the first Dominican real estate agency in the country. A launch event was hosted by Elite House RD, where noteworthy guests included the Dominican ambassador to Colombia, Felix Aracena Vargas, Dominican-Colombian Chamber of Commerce representatives, investors, brokers … Read more

Asonahores emphasises tourism’s contribution to tax revenue and suggests altering, not abolishing, Confotur.

Asonahores emphasises tourism’s contribution to tax revenue and suggests altering, not abolishing, Confotur.

Asonahores-Expocomercial-2024-5.jpg” alt=”” width=”1000″ height=”366″ srcset=”https://infoturdominicano.com/rd/wp-content/uploads/2024/10/Asonahores-Expocomercial-2024-5.jpg 1000w, https://infoturdominicano.com/rd/wp-content/uploads/2024/10/Asonahores-Expocomercial-2024-5-220×81.jpg 220w, https://infoturdominicano.com/rd/wp-content/uploads/2024/10/Asonahores-Expocomercial-2024-5-400×146.jpg 400w, https://infoturdominicano.com/rd/wp-content/uploads/2024/10/Asonahores-Expocomercial-2024-5-768×281.jpg 768w” sizes=”(max-width: 1000px) 100vw, 1000px”/>ASONAHORES, the Dominican Republic’s Hotel and Tourism Association, revealed at the recently concluded 36th edition of Expocomercial that of all the government’s tax revenues, at least 10 out of every RD$100 are contributed by the tourism sector. Moreover, in 2022, … Read more

Asonahores Wraps Up Commercial Exhibition, Bolsters Productive Sectors of Economy Chain

Asonahores Wraps Up Commercial Exhibition, Bolsters Productive Sectors of Economy Chain

The Dominican Republic’s Hotel and Tourism Association, known as Asonahores, has wrapped up the XXXVI edition of its Trade Show. The event was attended by a crowd of 7,500, aimed at fostering the growth of the production line and boosting the business connections of all sectors within the tourism industry. Asonahores’ president, David Llibre, voiced … Read more

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