Honduran Attorney – Property Titles/Residency
Having a quality Honduras Real Estate legal advise with an Attorney is a very important part of the process of investing in Bay Islands real estate. Property Titles and the proper procedure for the transfer of ownership of that title is something your Attorney here should specialize in so that buying real estate in the Bay Islands is simpler and understandable for you. Here, unlike there, attorneys can be more like general practitioner doctors versus a doctor that is a specialist in their field of practice. Make sure when you make your choice that the Honduran Attorney you pick do do you property closing specializes in real estate. (your REALTOR can provide choices for you to pick from if you wish them to). Although there are exceptions many that may live and practice on the mainland of Honduras versus those who practice here in the Bay Islands, may not be a wise choice The Bay Islands has different laws especially when it comes to taxes in this country.
Overall real estate titles here have a minimum of three documents that are needed (and need to match), previous to your closing and obtaining title to your property of choice. (sometimes more depending on what method is used in the purchase). Your RE/MAX office will act as your liaison with your Honduran Attorney to make sure all documentation is in order previous to transfer of ownership, including a follow-up on the title check.
There are various types of residency that one can choose from when deciding to relocate full-time or part time. Your Honduran Attorney will be happy to discuss these options with you. Although if you wish it to be This is NOT citizenship, though can develop to that if you wish it to be. It is a the ability to live in this country while maintaining your citizenship of the country you were born in. If you are a foreigner you will need to obtain a residency if you wish to spend more time here than a normal vacation or if you wish to open a business, work or start a new life in this country that produces income.