1. Exempt from the tax files
Properties purchased under Law 158-01 (CONFOTUR) will be exempt from tax on transfers of property rights, 3% of the property value.
2. Exempt from property taxes for 15 Years
From real estate tax (IPI), which is equal to 1% of annual tax that applies on the total amount of real estate. The taxable amount is any property above the $150,000USD