What do I need to know when buying property in Argentina?
When we asked expats what advice they would give a foreigner before buying a property in Argentina, they said...
"1. It is important to enlist a local lawyer who is licensed to practice real estate law in Argentina before purchasing a property in Argentina. 2. It is crucial to thoroughly research the legal aspects and due diligence required to own property in Argentina as regulations and laws vary from municipality to municipality. 3. Foreigners must get permission from the Central Bank of Argentina before they can purchase property. 4. Research the crime, location, and safety of a given area before committing to a purchase. 5. It is advisable to be aware of the differences between purchasing an urban property and a rural property. 6. Tax regulations must be followed when buying property in Argentina, such as the obligation of paying transfer taxes when buying a property. 7. Carefully review all documents before signing any purchase contracts. 8. Contract regulations must be followed before entering into a tenancy agreement with a landlord. 9. It is important to understand the local market and its dynamics before making an offer," said another in Argentina.
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What do I need to know when buying property in Argentina?
If you live in Argentina, newcomers to Argentina would love to hear your answer to this question:
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat 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.
