Foreign investment is not only allowed but encouraged in Honduras. An individual is allowed to own up to ¾ Acre with title and the ability to pass the property along to their heirs. Properties larger than ¾ acre requires the establishment of a Honduran Corporation with the help of a Honduran Lawyer. An “administrator” appointed by the owner then controls the corporation. That administrator can be the foreign owner themselves, or a collection of people chosen by the owners.

The Purchase Process is relatively straight forward. An offer is made that is accepted, countered, or ignored. Once an “agreement” is made, a good faith deposit of 10% of the purchase price is required typically within 7 days of acceptance. Those funds and the agreement are submitted to a Honduran lawyer who acts as the closing agent, and the funds placed in an escrow account. Closing can occur in either weeks or months depending upon the needs of the parties involved. It is recommended that both parties attend the closing in person. However, if that is not possible, a Honduran lawyer can assign a power of attorney to someone chosen by the party not able to attend to act on their behalf at closing.