01. Is the CONFOTUR exemption automatic if I buy in an approved project? +
No. The project's approval makes your unit eligible. The exemption itself requires a formal application to Hacienda and approval from the DGII and the Registro de Títulos before it attaches to your title.
02. What does CONFOTUR actually exempt? +
The 3% real estate transfer tax and the 1% annual property tax (IPI), for 15 years, on qualifying properties.
03. The developer said it's handled. Is it? +
Sometimes the developer files for the project. The benefit still has to be applied to each owner's title. Unless you've seen proof the exemption was recorded against your specific property, it's worth confirming. The cost of checking is small. The cost of assuming is fifteen years of tax.
04. I already closed. Is it too late to file? +
Often not. If the exemption was never filed, it can usually still be applied, but timing matters and each cycle you wait is a year of benefit you don't get back.
05. How do I know if my exemption was ever registered? +
We can check the status against the Registro de Títulos and the DGII and tell you exactly where it stands: filed, pending, or never submitted.