Can foreign buyers get mortgages, and can I generate rental income on Airbnb?

Bank Mortgages & Developer Financing:

• Dominican Bank Financing: Dominican commercial banks offer mortgages to non-resident foreign buyers (from the US, Canada, Colombia, etc.) up to 50%–70% LTV with terms up to 20 years. Approval requires submitting foreign tax returns, credit reports, and proof of income.
• Developer Direct Payment Plans: During construction, most developers offer interest-free payment schedules over the build duration without requiring formal credit checks or mortgage applications.

Vacation Rentals (Airbnb & Short-Term Rentals):

• High ROI Demand: Punta Cana is an active year-round vacation market driven by international tourism and modern infrastructure.
• Rental Support: Most modern residential projects in Punta Cana are specifically designed for vacation rentals, offering lock-off layouts, resort-style amenities, and dedicated on-site property management companies to handle listings, check-ins, cleaning, and maintenance hands-free.
• Income Currency: Vacation rental income in Punta Cana is predominantly priced and earned in US Dollars (USD).