Bolivia
What do I need to know when buying property in Bolivia?
When we asked expats what advice they would give a foreigner before buying a property in Bolivia, they said...
"1. It is important to research the local laws and regulations regarding property ownership in Bolivia before making any purchase. 2. It is advisable to hire a local lawyer to assist with the purchase process and to ensure that all legal requirements are met. 3. It is important to obtain a title deed for the property, which will provide proof of ownership. 4. It is important to be aware of any taxes or fees that may be applicable to the purchase of the property. 5. It is important to be aware of any restrictions or limitations that may be placed on the use of the property. 6. It is important to be aware of any zoning regulations that may apply to the property. 7. It is important to be aware of any potential environmental issues that may affect the property. 8. It is important to be aware of any potential risks associated with the purchase of the property. 9. It is important to be aware of any potential risks associated with the financing of the purchase. 10. It is important to be aware of any potential risks associated with the maintenance and upkeep of the property," commented one expat who made the move to Bolivia.
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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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What do I need to know when buying property in Bolivia?
If you live in Bolivia, newcomers to Bolivia would love to hear your answer to this question:
