Everybody thinks it is wonderful living on a tropical island and it is, if you do your homework first.
First thing you need to determine is why you want to invest here. Is it for a second home? Vacation/Rental Property? Retirement? Business Opportunities?
This information will help your Real Estate agent help guide you onto your next step, other than just how much money you can spend. Such as, what kind of residency, if any that you will need here and the right attorney to direct you too. Without residency, you will need to leave the island for 72 hours after 90 days. Sometimes immigration will grant an additional 30 days for about $20. Some people take the risk and stay over their allotted time and pay the penalty when they leave.
If you are looking at a business investment, then we (your Real Estate Agent), will get you in touch with the proper attorney to discuss, taxes, employees and labor laws, etc.
Thinking about rental property? Then we need to talk about the rental policy, fees and taxes that are required and the areas that potential guests gravitate too.
Why do we at About Roatan Real Estate go through this with you? Because our clients become our family and we always want to make sure that you are an informed Buyer. That your dream of living on an island comes true and not become a nightmare.
So make your list of ideas and dreams and we will help you determine if Roatan is the place for you.