INVESTMENT RESIDENCE IN INVESTMENT QUALITY

1- Residence application form for investment: this will be completed on our DGM services portal.

2- Letter from the company authorized to belong to the investment residence program, where it asks the foreign investment section of the foreign department to incorporate its investor, or shareholder into the investment residence program. in this case, the company must also present, act of the competent body or board of directors in accordance with its statutes, in original, duly endorsed by the chamber of commerce of the registered office, notarized and visa at the attorney general’s office of the Dominican Republic, where you specify your status as a shareholder of the company, commercial register and last 3 financial statements.

3-Certified proof of the corresponding institution depending on the regime to which the investment is accepted:

3.1. Of the register of foreign direct investment issued by CEI-RDor the institution designated for such purposes in the Dominican Republic.

Direct investors: companies established in the Dominican Republic that have received a contribution to their capital, from abroad, for a minimum amount of US $ 200,000.00, or its equivalent in national currency. Said contribution may be made in currency, in nature, in financial instruments or in technology, under the forms established in Law 16-95 of foreign investment. said investment must have been registered with the export and investment center of the Dominican Republic (CEI-RD), or otherwise be in the process of registration.

3.1.1. In the case of investments made in financial instruments, the investor must deposit a certificate issued by the depository bank of the financial instrument.

3.1.2. You must attach a copy of the following documents: proof of entry into the country of foreign exchange or of physical or intangible assets; constituent documents of the commercial company or the authorization of the operation of branches by means of the fixation of domicile.

3.1.3. For cases where the interested party is in the process of processing the investment and still does not have the corresponding certifications, the DGM will receive the file and will accept as proof of proof of the acknowledgment of receipt of the application and the deposit of documents required for the registration of the investment issued by the corresponding institution, until the investor proves its quality.

3.2. Of the register of foreign investment under the free zone regime issued by the National Council of Export Free Zones (CNZFE),it will state that the company operates under this regime. It applies to companies operating under thefree zoneregime. In this case, the amount required may be different, and / or according to laws 8-90 and 98-03 of the CEI-RD.

3.2.1. For cases where the interested party is in the process of processing the investment and still does not have the corresponding certifications, the DMG will receive the file and will admit as proof of proof of the acknowledgment of receipt of the application and the deposit of documents required for the registration of the investment issued by the corresponding institution, until the investor proves its quality.

3.3. Of the authorization or decree of the executive branch, which authorizes a company to operate, or the internal resolution of the state institution with which the project is carried out or the approval of the national congress of the service contract or of the financing contract, provided that Approval mention the project and the parties involved. It applies to foreign companies hired or sub-contracted by the executive branch, directly or indirectly (decentralized institutions of the state) for the execution of works or consultancies that require a foreign presence for the benefit of the country. This certification will be issued by the CEI-RD.

3.4. Copy of the authorization or decree of the executive branch in favor of those companies that rely on incentive laws or of companies contracted or subcontracted by the executive branch. It applies to companies linked to specific legal incentive regimes, such as: law no. 84-99, export incentive, law no. 8-90 governing free export zones, law no. 158-01 of incentive to tourist poles, Law 28-01, of incentive to border areas; they will benefit from the residence permit program through the investment, provided there is a component of foreign capital in their registered shares. a minimum investment amount is not required for this regime, for the purpose of processing the residence permit through the investment.

4- Copy of the complete passport with a minimum validity of one (1) year.

In the event that the name that the foreigner has registered in the passport is different from that of his birth certificate, he must deposit the document that legally guarantees the change, either the marriage certificate if he has added the last name of the husband, the certificate of divorce if you do not want to appear with the husband’s last name, the adoption certificate, among others, that must be apostilled and translated into Spanish if it is in another language.

5- Valid residence visa (RS), issued at the Dominican consulate of your country of origin or residence.

6- Original of the birth certificate duly apostilled or legalized and translated into Spanish , as appropriate.

6.1. In the event that the foreigner has acquired a nationality other than his nationality of origin, and wishes to become a resident with this acquired nationality, he must deposit a copy of the naturalization certified by the department of naturalizations that issued it, apostilled and translated into Spanish if It is in another language.

6.2. In the case of a change of name, the foreigner must deposit the act authorizing the change of name, apostilled and translated into Spanish if it is in another language.

6.3. In the case of nationals of countries where only one original document of the birth certificate is issued, a copy of it will be accepted, duly certified and translated into Spanish if necessary, legalized at the corresponding Dominican consulate or at the headquarters in the Dominican Republic of the consulate of origin of the applicant or the official entity authorized and legalized in the chancellery.

7- Certificate of no criminal record , issued by the competent authority of the country (in the case of countries with federal regimes must be issued by the federal authority) where they have resided in the last five (5) years, duly legalized or apostilled, as appropriate , and translated into Spanish if it is in another language.

7.1. If this country is different from your country of origin, you must endorse this certification with a personal identity document of the country where you declare to have resided for the past 5 years.

8- Four (4) recent photographs, of the same set: two (2) of front and two (2) of right profile, size 2×2, without jewels or accessories and bare ears, with the white background.

9-Guarantee policy contracted with Seguros Crecer. CLICK HERE when the following requirements are met:

1- copy of passport

2- complete the application form

3- make the payment for insurance policy

10- Special power of representation through which, the company authorizes the executive who signs these communications on behalf of the same, with a copy of the card.

11- Conducting medical exams. This must be done within 3 days after payment and no medical examinations from institutions not authorized by DGM are admitted.

12- Must additionally include a repatriation policy , as provided in article 57, paragraph 16, of regulation no. 631-11 for application of law 285-04, on migration.

DEPENDENT CASE:

1- If the request includes the spouse must be made jointly with that of your husband, as a dependent, you must deposit the following documents of the wife: marriage certificate, four (4) photographs two (2) front and two (2) of Right profile size ¨2 x 2 ”., birth certificate both in original apostilled or legalized, as appropriate, copy of the complete passport, copy of the residence visa, certification of criminal records apostilled or legalized and translated into Spanish, as appropriate.

2- If the request includes the minor children: you must deposit the following birth certificate documents in original apostilled or legalized and translated into Spanish, as appropriate, four (4) photographs two (2) front and two (2) profile Right size ¨2 x 2 ”, copy of the complete passport, copy of the residence visa, certification of criminal records apostilled or legalized and translated into Spanish, as appropriate. In the case of children under sixteen (16) years , the criminal record requirement is not required. in the case of children over 18of the beneficiary’s age, may only be included if they are financially dependent on the beneficiary of the program for reasons of study or disability. If the applicant is a minor child under 18 years of age of the beneficiary, or an economically dependent single person for reasons of study or disability, a certification from the study center must be added to support the enrollment of the descendant in one of their curricular plans and in case of disability, medical certification stating your condition.

3 – Must include additional a repatriation policy, as provided in article 57 paragraph 16, of regulation no. 631-11 for application of law 285-04, on migration.