Okay, I'm not going to talk about El Salvador being a violent country
with a slow economic growth .. maybe you already know that. But you have
many advantages, when you buy a property in the country if you are a
foreigner, low prices, reasonable tariffs, and legislation that ensures
your property. But you have to choose the correct one !. You can not buy
any property. In El Salvador there are 2 types of property: 1) The
normal property that indicates Art.568 of the Salvadoran Civil Code that
allows the use, and enjoyment of property, you find this property in
cities under the form of houses, and apartments , you also find it in
the countryside and the beach in the form of farms or ranches. If you
are a foreigner you will not have any problem buying this type of
property; and 2) The agricultural property that is in Art.105 of the
Constitution of the Republic of El Salvador, which is developed by means
of the Law of the Special Property Regime for the Agricultural,
Communal Cooperatives and beneficiaries of the agrarian reform ( Yes,
it's a very long name for a law!). This type of property is only
intended for the production and agricultural exploitation of the land,
you only can work it to make it produce. With this property you can not
do a real estate development, condominiums or build houses for sale to
people who do not work the land or they are not agriculturist or farmer.
In addition to be the owner of this type of property you must be a: 1)
Farmer. 2) Settler registered in the register of the Ministry of
agriculture of El Salvador, 3) Cooperative partner and 4) Beneficiary of
land reform. If you do not have any of those 4 qualities, you can not
acquire this type of property. In summary, yes, you can acquire
properties in El Salvador as a foreigner, but make sure that they are
not agricultural properties. How do you know if there is agricultural
properties, if looks the same for you?. You should ask about the
property antecedent in the Registry of the Root Property and Mortgages
of El Salvador (www.cnr.gob.sv). Remember El Salvador is your home and I
am your friend. :)
