Are foreigners allowed to own property in Guatemala?
When we asked expats in Guatemala if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Guatemala. According to the Guatemalan Constitution, foreign individuals and companies are allowed to own property in Guatemala, provided they obtain the necessary permits from the Ministry of Foreign Affairs. Foreigners are also allowed to purchase property through a Guatemalan corporation, which is a legal entity that can own property in Guatemala. Additionally, foreigners can also purchase property through a trust, which is a legal entity that can own property in Guatemala on behalf of a foreign individual or company," explained one expat living in Guatemala.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Are foreigners allowed to own property in Guatemala?
If you live in Guatemala, newcomers to Guatemala would love to hear your answer to this question:
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
