News Archives - Page 26 of 31 - Guzmán Ariza | The Dominican Republic Law Firm

Chambers ranks Guzmán Ariza in Real Estate & Tourism

Chambers and Partners Latin America 2015 ranked Guzmán Ariza law firm in Real Estate and Tourism, and Dr. Christoph Sieger, partner of the firm, was recognized as a recommended attorney in the area. The guide highlighted that Christoph Sieger “is not a soft lawyer, he will make it happen – he’s a bloodhound and my go-to guy.”

Dr. Sieger is the resident partner at the Punta Cana offices and specializes in international tax and real estate investments.

Guzmán Ariza law firm has extensive experience in all areas of the real estate business, working with corporate clients, financing and developing real estate projects such as malls, subdivisions, hotels and resorts, and representing individuals in purchasing or renting vacation properties in the Dominican Republic.

[September 2014]

Guzmán Ariza Partner Speaks at the Hispanic Bar Association

Dr. Christoph Sieger, partner at Guzmán Ariza, was invited by the Hispanic Bar Association of New Jersey, the Haitian American Lawyers Association of New Jersey and the Haitian American Lawyers Association of New York in connection to talk about the status of the descendants of Haitian illegal immigrants in the Dominican Republic after the recent ruling of the Dominican Constitutional Court.

In the conference, Dr. Sieger focused on the legal and practical aspects of illegal immigration in the Dominican Republic and on the efforts of the Dominican government seeking to mitigate the effects of the adverse ruling by the Constitutional Court.

[September 2014]

Legal 500 Ranks Guzmán Ariza as a Top Tier Firm

The Legal 500 Latin America 2014 survey has ranked Guzmán Ariza as a Top Tier Firm in real estate and tourism in the Dominican Republic, and has chosen name partner Fabio Guzmán Ariza as a “Leading Lawyer” in the field. The firm also received recommendations in Corporate and Finance, and Dispute Resolution.

Ten Guzmán Ariza lawyers have also been recommended in The Legal 500 Latin America editorial: In corporate and finance, Fabio Guzmán Ariza, Christoph Sieger, Alberto Reyes, Alfredo Guzmán and Fabio Guzmán. In dispute resolution, Fabio Guzmán Ariza, Rhadaisis Espinal, Julio Brea Guzmán, Cesar Calderón and Johanna de Láncer. In real estate and tourism, Fabio Guzmán Ariza, Julio Brea Guzmán, Christoph Sieger, César Calderón and Anabel Rizik.

[September 2014]

GDP up 7.2% in First Half of 2014

According to the latest report by the Central Bank of the Dominican Republic, the Dominican economy grew 7.2% in the first half of the year.

Punta Cana is #1 in Visitor Spending in Latin America

The MasterCard Global Destination Cities Index has ranked Punta Cana at the top of the list for Latin America when it comes to international visitor spending at US$2.4 billion, followed by Sao Paulo and Buenos Aires.

[August 2014]

IRS Announces Changes in Offshore Voluntary Compliance Programs

The Internal Revenue Service announced today major changes in its offshore voluntary compliance programs, providing new options to help both taxpayers residing overseas and those residing in the United States. The changes are anticipated to provide thousands of people a new avenue to come into compliance with their U.S. tax obligations.

The changes include an expansion of the streamlined filing compliance procedures announced in 2012 and important modifications to the 2012 Offshore Voluntary Disclosure Program (OVDP). The expanded streamlined procedures are intended for U.S. taxpayers whose failure to disclose their offshore assets was non-willful.

“This opens a new pathway for people with offshore assets to come into tax compliance,” said IRS Commissioner John Koskinen. “The new versions of our offshore programs reflect a carefully balanced approach to ensure everyone pays their fair share of taxes owed. Through the changes we are announcing today, we provide additional flexibility in key respects while maintaining the central components of our voluntary programs.”

[July 2014]

Scotiabank Anticipates Steady Growth for Dominican Economy

According to a Scotiabank report dated June 2014, the Dominican Republic is embarked on a steady mid-term growth path, anticipating that its US $62 billion economy (the largest in the Caribbean and Central American region) will expand at an attractive average growth rate of 4.8% over the next two years, supported by a broad-based contribution from domestic consumption, steady employment growth, increased investment activity, and an external sector boost caused by improved economic conditions in the country’s main trading partners.

Guzmán Ariza to Hold Conference on U.S. and D.R. Taxes

Guzman Ariza Attorneys at Law, Cantor & Webb P.A. of the United States and the US Embassy of the Dominican Republic invite to a presentation and cocktail about U.S. citizens and fiscal residents living in the Dominican Republic, Tax and Reporting Obligations, as well as the impact of FATCA and the Dominican legislation.

The speakers will address U.S. Tax compliance work concerning FBARs (Foreign Banks and Financial Accounts) and information about the FATCA (Foreign Account Tax Compliance Act), and shed light on how to strategically structure businesses and investments in Dominican territory, taking into consideration Dominican inheritance rules affecting the estates of expatriates, opportunities and risks of offshore investment vehicles and an overview of tax incentives in the country.

Speakers:

Fabio J. Guzman and Christoph Sieger managing partner and senior partner, respectively, of Guzman Ariza
Steven L. Cantor, managing partner of Cantor & Webb P.A.

Thursday, 31 July 2014, 6:00 p. m. Gran Salón AB, 6th floor, Hilton Hotel 500, George Washington ave, Santo Domingo, D. N. Reservations are requested by calling 809-255-0980 or writing to info@drlawyer.com.

Guzmán Ariza Summer School & Camp Parade

Cabarete was filled with music and joy last Friday with the Parade Week of The Dream Guzmán Ariza Summer School & Camp. From 10:30 a.m. until 3:30 p.m. children paraded in the streets of Cabarete.

The purpose of the parade was to teach and foster the campers community pride and self-esteem to the display that pride in a banner and through song-filled parade in downtown Cabarete.

This summer camp covers a 4-week educational program for 280 local children between the ages 9 to 15, resident from marginal neighborhoods in Cabarete, such as La Colonia, La Ciénaga and Barrio Blanco. Guzmán Ariza began sponsoring the Guzmán Ariza Summer Camp and School in 2004, where every year poor Dominican children attend a program designed to ensure their educational stability by offering individualized academic tutoring, extracurricular activities, and alternative sources of education that foster life and job skills.

Illegal Immigrants Will be Deported

José Ricardo Taveras, Head of the Immigration Department, has reiterated that foreigners who do not comply with the National Legalization Plan face possible deportation.

Mr. Taveras added that the intent is not to identify and deport illegal immigrants, but to offer clear guidelines on how to go about acquiring legal status in the Dominican Republic. However, he stressed that those who do not choose to regularize their status or leave voluntarily will be expelled from the Dominican Republic.

[April 2014]