# CONFOTUR explained: the tax benefits for Cap Cana buyers

> CONFOTUR is Dominican tourism incentive Law 158-01, and both Bonita projects are classified under it. For the buyer it means an exemption from the 3% real estate transfer tax and from the IPI property tax for up to 15 years. The application of each benefit is confirmed per unit at contract signature, and this guide is not tax advice.

## What is CONFOTUR?

CONFOTUR is Dominican tourism incentive Law 158-01. It classifies qualifying tourism developments and gives their buyers specific tax relief.

## Which Bonita projects are covered?

Both Bonita Golf and Bonita Beach are classified under the law.

## What does it save a buyer?

Two benefits are stated on the Bonita prices-and-terms page:

- An exemption from the 3% real estate transfer tax.
- An exemption from the IPI property tax for up to 15 years.

- law: Dominican tourism incentive Law 158-01
- transfer tax: exempt from the 3%
- IPI property tax: exempt for up to 15 years

## When is the benefit confirmed?

The application of each benefit is confirmed per unit at contract signature. Ask the sales team for the confirmation that applies to the unit you are considering.

## Is this tax advice?

No. Bonita does not give tax advice. Confirm your personal treatment with your advisor before you sign.

## FAQ

**Does CONFOTUR apply to every unit?**
The application of each benefit is confirmed per unit at contract signature.

**How long does the IPI exemption last?**
Up to 15 years.