Roatan Property Law
Having a corporation holding title to
property in Roatán
and the Bay Islands of Honduras
Remax-On-Roatan.com
Remax-On-Roatan.com would like to explain how the property laws work in Honduras and especially for Roatan Island. Please read the following rules so you will have a little more in-site on how the regulations are implemented for Roatan property.
Honduran laws limit the size of real estate that can be owned by foreign nationals. The law permits one property under ¾ @ (3000 sq. meters) for residential use only. Ownership over size and quantity limits is permitted thru a corporate entity incorporated by two Honduran nationals. Investors are elected officers and or directors of the corporation and incorporators endorse and transfer the shares to you.- A Honduran corporation can buy and sell real estate property any time.
- You own the shares to the corporation that owns the assets(s).
- You (and your partner(s)) control the Board of Directors and the management of the corporation.
The advantages of having a corporation hold title to properties in Honduras.
- A corporate veil protecting your assets.
- Limited liability corporation (LLC)
- Open bank accounts with local institutions
- Be eligible and apply for resident status under your corporation
- Buy other properties under the same corporation
- Convey rights, title, ownership total or partial (thru stock certificates)
- You can sell the property by transferring the shares.
- Ownership thru a corporate entity makes a very flexible asset to dispose of for Estate Planning.
- Honduran Corporations domiciled in Roatán shall apply and be eligible for Free Zone benefits.
- Foreign individuals (non resident aliens) are not eligible for Free Zone benefits.
- U.S.A. / Canada / UK tax benefits derived from ownership/investing thru a foreign corporation. (You should check this further with your Attorney in the US and your tax advisor/CPA)
- You can use the same corporation to do other business activities.
If you incorporate the deliverables are:
- Registered charter of incorporation
- Share certificates
- Share purchase agreement by Honduran incorporators and yourself. Transfer of shares and all right to the corporation.
- RTN –corporate tax ID form (required to open bank accounts, importing goods)
- Bank introduction
If after reading these rules you have any questions please don’t hesitate to contact REMAX-On-Roatan.com for further information about owning property on Roatan.
REMAX-On-Roatan.com - Roatan Honduras
Labels: real estate, real estate in roatan, real estate on roatan, real estate roatan, roatan, roatan properties, roatan property, roatan real estate

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