4 Tips for Canadians Buying Property in the Dominican Republic
In this short article with Casa Linda, we’ll be highlighting a few of our favourite tips for Canadians buying property in the Dominican Republic. Let’s dive into the details!
Tip #1: Pick the Right Location for Lifestyle + Value
For Canadians buying property in the Dominican Republic, choosing a location is about more than deciding whether you want a beachfront property. Your experience living in the DR as an expat will vary significantly, depending on the region. Bustling cities like Santo Domingo offer unparalleled liveliness and local culture, but sacrifice the relaxed pace that may have drawn you to the DR initially. Meanwhile, prominent resort towns like Punta Cana may offer large-scale amenities, but won’t have the same deep cultural ties you may be looking for.
If you’re a Canadian considering buying property in the Dominican Republic, it’s highly recommended that you visit in person. Not only will you be able to see the community in person, but you’ll also get a feel for what daily life could look like, meet community members, and sit down with the seller or developer to walk you through the process in person.
Tip #2: Consider Cost-Effective Alternatives
The Dominican Republic is among the most cost-effective countries in the Caribbean for Canadians, being over 40% more affordable. This translates into nearly all aspects of daily life. From cappuccinos at local coffee shops to weekly grocery runs, and of course, housing!
There’s no way around it: homes in Canada can be pricey. The average home price in Canada is over $600,000—and readily climbing every year. Take Cabarete, for example, one of the most popular towns for Canadian expats. Here, newly constructed coastal homes can be found for under $280,000 CAD.
But if you’re only able to visit a few times a year, committing to buying a home can still seem out of reach. Fortunately, some DR expat communities offer flexible home ownership programs, perfect for Canadians! One of these options is programs like Casa Linda’s Co-Ownership. Through this exclusive Casa Linda program, you can become a fully-titled co-owner of multiple properties, perfect for those not yet fully retired or still trialing life in the Dominican Republic!
Tip #3: Understand Rental Potential
If you’re a Canadian buying property in the Dominican Republic, don’t underestimate the value of rental opportunities. The Dominican Republic is the second-most-visited country in the Caribbean. In 2024, the country saw a record-breaking 11.18 million visitors—that’s just as many as the country’s population! From the bustling resorts on the island’s eastern tip to the world-famous water sporting competitions in Cabarete, the DR has truly earned its title as the “Pearl of the Antilles.” Properties in highly desirable locations for short-term visitors can afford homeowners a sizeable return on investment. In Cabarete, the average daily rental cost is $159 per night.
Tip #4: Know the True Costs
Canadians buying property in the Dominican Republic should know that the process comes with a few considerations. Unlike buying a home in Canada, most developers in the Dominican Republic require an initial down payment of between 20% to 30% for foreign buyers. While this payment may seem much higher than the minimum 5% rate afforded to homebuyers in Canada, homes in the DR are generally far more affordable.
Along with this, there are other home-buying fees to be aware of:
- A transfer tax of 3% based on the government assessment
- Legal fees of 1% to 2% based on home purchase price
- Ongoing maintenance costs, which cover housekeeping and amenities
Own Your Slice of Paradise
For Canadians buying property in the Dominican Republic, the options are truly limitless. Let’s make it happen, together. Casa Linda is among the most developed communities on the Dominican Republic’s north shores. With over 500 villas and multiple other developments over the years, we’ve been chosen by expats everywhere to enjoy safe, comfortable, and fulfilling living. Start the conversation with us today to learn more about how we can help transform your tropical villa ownership visions into reality.


