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Are international laws relevant to real estate in Guatemala?

April 26, 2017comparative law cross-border law Guatemala International law publications Laws legal guides merger control Real Estate relevant

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Are international laws relevant to real estate in Guatemala?

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The restrictions regarding the ownership of real estate are stipulated in the Constitution of the Republic of Guatemala. Foreigners and non-residents need a special authorisation from the Executive Branch in order to acquire real estate bordering national waters (as defined in article 122 of the Constitution) located in urban zones and for property which was not titled prior to March 1, 1956.