NEW YORK — Banco BHD, one of the Dominican Republic’s leading financial institutions, has officially opened the fourth iteration of its New York City Real Estate Fair, a targeted outreach initiative crafted to bridge Dominican expatriates living across the United States with curated property investment and homeownership opportunities back in their native country, alongside expert financial guidance to help participants make well-informed decisions about their purchases.
The three-day industry event is scheduled to run from September 11 to 13, 2026, hosted at The Armory Arena in the Washington Heights neighborhood of Manhattan — a community with one of the largest concentrations of Dominican residents in the United States. More than 20 leading construction and real estate firms from the Dominican Republic will participate in the fair, showcasing a diverse range of residential and commercial development projects spanning every major region of the Caribbean nation.
To meet the varied needs of potential buyers, the property offerings on display cover every stage of development: from newly announced projects still in the planning phase, to under-construction developments, and move-in-ready units available for immediate purchase and occupancy.
Beyond the chance to explore a wide selection of projects directly with developers, the event delivers unique added value through one-on-one support from Banco BHD specialists. Attendees can access personalized guidance covering all key aspects of purchasing property in the Dominican Republic, including navigating local regulations, understanding tax requirements, and exploring customized financing solutions tailored to the circumstances of borrowers living abroad.
Fidelio Arturo Despradel, Chief Executive Officer of Banco BHD, emphasized that the annual fair embodies the bank’s longstanding commitment to standing with the Dominican diaspora. “For Dominicans building lives overseas, owning property back home is often the culmination of years of hard work, a tangible reflection of their connection to their roots and a gift to their families,” Despradel noted. “This initiative helps turn that goal into a reality, directly contributing to greater well-being and long-term financial security for participants and their loved ones.”
The New York fair is a core component of Banco BHD’s expanding global outreach strategy, which already includes similar successful events hosted in Madrid, Spain, and Zurich, Switzerland. Beyond opening access to attractive real estate options and financial services, the program plays a key role in strengthening ongoing economic ties between Dominican expatriates and their home country, supporting sustained growth in the Dominican Republic’s real estate and construction sectors while honoring the deep cultural and personal connections diaspora members maintain to the nation.