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Panajachel, Guatemala | Are foreigners allowed to own property in Panajachel? | Expat Exchange
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Are foreigners allowed to own property in Panajachel?

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When we asked expats in Panajachel if foreigners are allowed to own property, they answered...

"Yes, foreigners are allowed to own property in Panajachel. The country's laws permit non-Guatemalan citizens to purchase and own real estate, including land and buildings. However, there may be some restrictions on properties located near the borders or coastal areas, which may require a local partner or the establishment of a Guatemalan corporation. It is essential for foreigners to work with a reputable local attorney and real estate agent to ensure a smooth and legal property acquisition process," mentioned another expat when asked about moving to Panajachel, Guatemala.

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Are foreigners allowed to own property in Panajachel?

If you live in Panajachel, newcomers to Panajachel would love to hear your answer to this question:


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