Buying Property in Guatemala

• Under Guatemalan law, foreigners can acquire, maintain, and sell real property with few restrictions.  However, it’s important to know that they cannot own land directly next to rivers, oceans, or international borders.
• Most real estate transactions are quoted and concluded in US dollars.
• Be aware there are instances of corruption in Guatemala on all levels, so be sure to seek qualified professional advice
• Guatemala is affordable.  A middle-class retirement can buy an improved lifestyle, with plenty left over to support activities.  People choose is because they can attain a higher standard of living with their social security, investments, and retirement income.
• There is no real estate licensing requirement in Guatemala though a decree licensing persons who earn commissions does exist.  This can be one of the greatest challenges.
• Another challenge is securing mortgage financing which can be difficult in Guatemala and expensive – at times up to 20%.  Finding alternate methods may be necessary to ease the purchase.

A Few Safety Tips for Traveling to Guatemala (and other areas)

• Recent Flu Info:  If you are coming by plane you may have to pass a test to help find influenza symptoms,  It will take a few minutes, IF you have any kind of flu please do not travel by plane.
• Use the same common sense traveling overseas that you would at home. Be especially cautious in or avoid areas where you are likely to be victimized. These include crowded markets, bus stations, elevators, crowded tourist sites, festivals and marginal areas of cities. 
• Beware of strangers who approach you, offering to be your guide.  It is better to stick with organized groups or to book guides ahead of time.
• Pick-pocketing is one of the most common crimes.  It’s best to spread your money between pockets and to not carry much with you if at all possible. 
• Wear the shoulder strap of your purse or bag across your chest and walk away from the curb to avoid drive-by purse snatchers.
• When possible travel with a companions.
• Read about particular areas and hotels before you go to ensure that you are staying in safe and reliable areas with low crime.

Just a Couple Great Experiences in Guatemala

• Watching the Sunrise from the Top of a Pyramid in Tikal: A visit to Tikal is a remarkable experience on its own, but my favorite way to start a visit here is by catching the sunrise from the top of one of the pyramids. In addition to the ruins and sunrise, the surrounding jungle comes to life with the cries of howler monkeys and the frenzied activity and calls of awakening birds.
• Cheering on Riders in the “Drunken Horse Race”: The tiny highland Maya town of Todos Santos Chuchumatán holds one of the equestrian world’s oddest races every November 1. The town’s “Drunken Horse Race” is a daylong event that involves equal parts drinking and racing. The last rider (who’s highly intoxicated) left on his horse is declared the winner. Riders fall, and numerous riders and spectators end up lying in an unconscious stupor along the streets and walkways of the small town. It’s hilarious, nerve-racking, and sad all at the same time.
• http://www.divantiinternational.com/news/

REQUIREMENTS FOR U.S. CITIZENS TO OBTAIN VISA TO ENTER GUATEMALA

 A valid U.S. Passport is required. is required.

For more information about Visa:

http://www.traveldocs.com/gt/vr.htm

Please call Luci for info about real estate investments in Guatemala

luci.edwards@forsalebozeman.com