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11. Real estate and land: Peru

Argentina. For full detail on Argentina, go to The Argentine Thread.

Real estate and land in Peru: equal ownership rights for foreigners and the 50 km border zone ban, how ownership passes by agreement and why SUNARP registration decides conflicts, registry good faith after Ley 30313, registry fees, the 3 percent alcabala paid by the buyer, the annual municipal property tax and the income tax on selling, each tied to the official text. For how Argentina handles these questions, see The Argentine Thread guide.

Investor view. Peru opens its property market to foreign buyers on the same terms as locals, backs title with a national registry and a constitutional guarantee of prior cash compensation, and keeps transfer and holding taxes moderate, a solid base for long term real estate investment.

Buying and owning property in Peru: foreign ownership and the 50 km border zone, how title passes and is registered with SUNARP, alcabala and property tax, and the tax on sellingForeigners, whether people or companies, may own Peruvian property on the same terms as Peruvians, except that within 50 km of the borders they may not acquire land, mines, forests, waters or energy s