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What are the laws governing Property Ownership by Non-Citizens?

April 26, 2017Laws non-citizens ownership Property

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What are the laws governing Property Ownership by Non-Citizens?

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Panama: Foreigners in Panama enjoy the same property ownership rights as Panamanian citizens. Currently there is no property tax on properties constructed after 2004. Costa Rica: Property laws in Costa Rica are the same for nationals and foreigners. You don’t need to live in the country to own land or property, and the country has no property tax. Nicaragua: Property ownership in Nicaragua is fee simple/freehold, with title issued and registered in your name. Honduras: Foreigners enjoy the same rights of property ownership as Hondurans and can purchase up to three-quarters of an acre as an individual, or more by forming a Honduran corporation.