What do I need to know when buying property in Guatemala?
When we asked expats what advice they would give a foreigner before buying a property in Guatemala, they said...
"1. It is important to research the local laws and regulations regarding property ownership in Guatemala 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 associated with 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 affect the use of the property. 7. It is important to be aware of any potential environmental hazards that may be associated with 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 ownership of the property. 10. It is important to be aware of any potential risks associated with the sale of the property," remarked another expat who made the move to Guatemala.
Other Questions:
- What do I need to know before moving to Guatemala?
- How do I find a place to live in Guatemala?
- What is a typical expat home or apartment like in Guatemala?
- What is the average cost of housing in Guatemala?
- Should I buy or rent a home in Guatemala?
- What should I pack when moving to Guatemala?
- What cultural faux pas should I try to avoid making in Guatemala?
- Why do people move to Guatemala?
- What are healthcare services like in Guatemala?
- What are medical services in Guatemala like?
- What are typical rents in Guatemala?
- What appliances are typically included in a rental?
What do I need to know when buying 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 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.