What Are The Requirements To Purchase A Property in Honduras?

What Are The Requirements To Purchase A Property in Honduras?

What Are The Requirements To Purchase A Property in Honduras?

One West Realty Grupo Inmobiliario makes the process of buying a home in Honduras simple. First, know your rights: Article 107 of the Honduran Constitution establishes that only Honduran citizens by birth and corporations established with at least one partner citizen by birth of Honduras, can own property within forty (40) kilometers of its borders. , this includes the Bay Islands and properties that are adjacent to the coastline.

Can a foreigner purchase real estate in Honduras?

Yes, foreigners can buy properties in Honduras, as long as they form a corporation, and one of the partners is Honduran by birth. If you are a foreigner and want to buy a property in Honduras, contact Javier Zelaya at +1(504) 3376-5800 or from the United States or Canada at (984) 246-2100 Ext. 101. Once the corporation is established, you(s) can buy property in Honduras very easily. We have attorneys who can help you establish the corporation and meet the requirements under Article 107. See this news article in Spanish.

What is the cost of setting up a sociedad anónima (company) in Honduras?

The cost to establish a corporation is generally $1,000.00, and this includes the legal registration of the articles of the company, two (2) original share certificates, obtaining signatures that endorse the certificates to the “Carrier” of, Honduras corporate tax identification known as Registro Tributario Nacional (RTN), and the original articles of corporation known as “las escrituras”.

I am from Honduras and I live in the United States, can I buy a house in Honduras?

Yes, if you live in the United States or Canada you can buy a house anywhere in Honduras. We can help you with the purchase. The requirements to buy a house in cash or by electronic transfer is a simple process. You must have a Honduran National ID or passport, RTN, a copy of the purchase contract for the property you are buying, and 10% earnest deposit. The closing cost has a cost of 1.5% of the sale, and this can be negotiated in the contract to be paid by both parties.

I am from Honduras and I live in the United States, can I apply for a mortgage loan with the bank?

If you live in the United States, you can apply for a mortgage loan to help you purchase a home. The requirements are copies of the last (2) two years of taxes returns, (income taxes), residency permit card or TPS, 20% deposit, Honduran national ID or passport, RTN, a copy of your U.S. trans union credit report, and a power of attorney to a close relative. For personalized help with the process, you can call Javier Zelaya from the United States at (984) 246-2100 Ext. 101. or +1(504) 3376-5800, you can also send a WhatsApp or text message to either number.

About One West Realty Grupo Inmobiliario

Since the start of the company in St. Louis, Mo. in May of 2000, we have remained true to our core values of helping our clients obtain the greatest possible success in their real estate transactions, whether they are individual clients, REITs, or corporate clients interested in investing in commercial or residential real estate. Honduras has experienced high growth in real estate development, particularly in San Pedro Sula, Tegucigalpa, and Roatan. With more than 20 years of experience in real estate and banking, we can help you connect capital to a safe real estate investment. Hire us and let us help you with your next real estate project, our principles reflect on our results delivered to our clients. Call +1(504) 3376-5800 Hn. or (984) 246-2100 U.S./Can

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