fulloflife
11/22/2016 11:02 EST
Has anyone bought property in Peru? Just wondering what the property rights are for foreigners, costs, ease of doing business etc? Thank you.
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pistachio
11/22/2016 12:01 EST
Full rights for native, resident, non residents. Difficult for a nonresident to do banking Prices, A very general ques,, but, generally Up and rising
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pistachio
11/22/2016 17:27 EST
to add:
be careful buying real estate. Be sure that it is Owned by the Seller. He has to have clear, registered ownership, NOT OWNERSHIP BY POSSESSION.
and
to engage in business you need to have "the right to work". You will need also to look into obtaining residency.
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Alpineprince
11/24/2016 15:33 EST
I have bought residencial property in Peru and it was very easy (much harder to sell). As Pistachio said check out the title in the registerios publicos as they do not have title insurance here.
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fulloflife
11/25/2016 07:22 EST
Thank you for the responses. Where are good areas to invest in now that would be easier to sell? Who are the buyers? What is the economy like now? Are people liking the new president there? I will be visiting in a few weeks!
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pistachio
11/25/2016 10:38 EST
Trujillo is the most up and coming city in Peru / active and energetic. Lots of construction. Not so big and confusing like Lima and much better weather.
A good place in Peru to live.....
Economy good. People very happy that PPK finally made it to the Presidency....
Life here is happy normal.....
pistachio
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fulloflife
11/25/2016 12:56 EST
Thanks for the responses. I did hear that squatters can cause problems there.
Are there many expats in Peru?
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pistachio
11/25/2016 13:42 EST
If there is any concentration of Expats it woukd be in Lima, otherwise, no.
Squatters are called Invaders. They can and do invade properties. They can obtain Legal rights also. You have to be careful when purchasing property or any Real Estate.
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littlepaul26
11/25/2016 15:51 EST
as p has said, it is very easy for squatters to take over your property as well as get official title. best to get a lawyer an search the records for the present owner. especially for any high value properties.
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littlepaul26
11/25/2016 16:01 EST
very true! as to expats in Peru who knows maybe 250,000 or more if you count all of peru. the big citys of course have the most.
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fulloflife
11/26/2016 09:56 EST
It is interesting that so many expats settle in Ecuador over Peru. I don't know why Peru isn't just as popular among expats?
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CoogKelly
11/27/2016 22:06 EST
The economy is DOWN and worsening EVERYwhere on flat earth. The SSwiSS-French-Scots' fascists of the free masonites are making certain of this. GE (of Fukushima nuclear extinction fame and UAss power plant failure fame) stands for Global Extinction... Have you maybe heard of the NWO/OWG/UN????? How about American Stone Henge? Georgia Guide stones? The SSwiSS Templar/Free Masonites? Global economic collapse?
Don't buy... Rent! Legally.... You own NOTHING, now and forever. Your birth certificate is a bond. It is worth millions but you cannot access that legal fiat tender. Being a peasant, ship's cargo, dead and lost at sea, you are lucky to still have the privilege to rent queen Elizard's properties...
Just sayin' Wake up before you invest a bundle in something you CANNOT own...
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CoogKelly
11/27/2016 22:15 EST
Title is NOT ownership Ownership is not title Legal tender is not money Money is NOT Debt Paper (Private Banksters' Notes....) It is time for the population to understand "THE" realities... not the lies. Please help to awaken and DIS- "spell" the lies The elite and the BAR are pagan warlocks and witches, under the criminal Vatican Don't believe me. Im just a messenger
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fulloflife
11/29/2016 22:56 EST
Thank you for the responses. In that case it is even more reason to move to Peru and buy property!
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dumluk
12/2/2016 09:18 EST
I would be very much interested to hear from anybody who has lived both in Ecuador and Peru to get an idea of the advantages and disadvantages of both countries......Ecuador I know and like, except for the high taxes on everything, Costa Rican style.......But Peru, I dont know. How does the general cost of living compare between the two countries, the cleanliness factor, and then lastly the tax factor?
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dumluk
12/3/2016 23:57 EST
Could you elaborate on that please and be more specific? Are foreigners running businesses in Peru subject to a heavier tax bill than local citizens¡
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dumluk
12/6/2016 09:39 EST
Upon checking the govt site, it seems that as a tourist one can only stay in the country for half the year. Is that correct? No pepetual tourism allowed in Peru it seems.........still not as tourist friendly as Panama, Costa Rica and Nicaragua.........Are there ways around that? Plus it looks like you would be subject to worldwide taxation after 183 days even if youre not a resident....Is this so? Is it enforced? Could be a nightmare.........
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