Buying property in Honduras

42879POSTS

14 years ago

Hi,

can a foreigner buy property in Honduras?

If so, is it complicated? What is the process of purchasing a property in Honduras?

Any tips for buying property, such as a check-list of items to verify ?

Thanks in advance for participating!

Christine

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Jorge Lopez Member

15POSTS

14 years ago

Hello Christine:

YES, a foreigner can purchase Real Estate Property in Honduras and the process is fairly simple.

The only limitation that our laws (our Constitution) states for a foreigner is related to property that is located within a 40 kilometer zone from the shoreline (beachfront property.- This limitation makes it only possible for a foreigner to own up to 3,000 square meters in that area.

I'm an Attorney with offices in La Ceiba, Honduras, and I'll be glad to assist You in any way.

Regards,

JORGE LOPEZ

Armand ViP

24785POSTS

14 years ago

Hello Jorge!

Thanks for your help

Armand

honduraschris Serial expat

421POSTS

14 years ago

I would like to ad to Jorge's response.

You can purchase more than the 3000 square meters when starting a Honduran corporation. The Honduran corp is used by many expats for different reasons.

Chris

pateu Member

22POSTS

14 years ago

is it about the tax?if you start a honduran corporation you don't get taxed down there...is it right?any thought about that?

honduraschris Serial expat

421POSTS

14 years ago

pateu wrote:
is it about the tax?if you start a honduran corporation you don't get taxed down there...is it right?any thought about that?

A Honduran corp is good for many reasons. Just contact Jorge to discuss. He can give you all correct info.

pateu Member

22POSTS

14 years ago

thanks chris.i will do that.

scampb Member

2POSTS

14 years ago

I recall reading something about a 1-2% tax on the value of your property if incorporated.聽 If not incorporated there is no tax up to a certain value of your property.聽 Is this also correct?