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Investment

Cambium offers an extremely rare opportunity to invest in this unique project at its inception, whilst prices are still low. For sums of money starting as low as $28,000* (which is less than the price of a decent car) you can buy the 99 year leasehold on a 1,000 m2 (quarter acre approx) parcel of land to be your own private property within the naturist territory. You can then either use it as a camping or mobile home site or, for an amazingly small sum of approximately $20,000*, you can build a modest but solid tropical lodge to last a lifetime and provide an enduring source of income. In most countries you could easily pay $144,000* for a quarter acre building plot with planning permission.

Larger plots of 2,000 and 4,000 m2 (1/2 and 1 acre approx respectively) are also available for discounted prices. These would suit the building of more comprehensive homes. As soon as development of the site starts, you can expect the value of your property to jump to a level typical of naturist real estate in Florida, namely an increase of between five and ten times in value. We know of no other opportunity where you can combine the benefits of a tropical climate, security and naturist community living with a holistic focus for such a low investment.

INDIVIDUAL TAXATION
Non-residents are taxed on their income from Dominican Republic.
INCOME TAX
Income of non-resident individuals is taxed at the corporate tax rate of 25%.
RENTAL INCOME
Rental income is taxed at 25%. Income-generating expenses are deductible when computing for taxable income. Rental income is subject to 10% withholding tax, which is considered as advance payment and will be credited against the taxpayer’s income tax liability.
CAPITAL GAINS
Capital gains arising from the sale or transfer of property are considered ordinary income and taxed at the standard income tax rate. Non-residents are liable to tax at the corporate rate of 25%. The taxable gain is computed by deducting the acquisition cost as adjusted for inflation from the gross selling price or the market value.
PROPERTY TAX
Property tax is based on the cadastral value of the property as determined by the government, usually at much less than the market value. It is levied annually at a rate of 1% on the property’s cadastral value exceeding DOP5 million (US$138,474). Properties with values below the threshold amount are not taxed.

Click here to see an independent analysis of the viability of investing in the DR.

Go to the home page to request our detail document for more information.

* Subject to final price adjustments.
Click this link www.xe.com to convert to your currency.