Sunday, 12 April 2015

Reader Request: Can you Buy Property in Peru without a CE?

From Rederij
People are looking to invest in Peru and one way to do so is to buy property. The housing market in Peru is taking off and many people want to get in on it. For those of you who don't have a CE or Peruvian citizenship, you have to go through an extra step to buy property in Peru. It is illegal to buy property as a tourist, since contracts you sign aren't legally bounding. Make sure you read the fine print and know what you're getting into when you buy property abroad.

The good news is that you just need to get a visa that gives you permission to sign contracts. Once you have that you're good to go and can sign on the dotted line. 

One tip to remember is that speaking Spanish will help you greatly. You'll be treated differently than if you speak English all the time, it'll help you assimilate to Peru, and it'll make talking to the immigration officers easier. If you're looking to learn Spanish, check out Fluenz Spanish, Rosetta Stone, and Synergy Spanish.



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