Saturday, November 19, 2011
Is it safe for americans to buy property in el salvador?
my husband and i are thinking of buying some land near la libertad (roca sunzal). we have a partner who lives there and is salvadorian. we would have a lawyer draw up the partnership contract and build some bungalows to rent to travelers. any advice or resources for information would be much appreciated.|||No and No and No. A lawyer's signature in El Salvador is about as meaningful and binding as Big Foot's. A US lawyer has no authority.|||It's isn't safe for anyone to buy property in El Salvador is not the most stable country in the world.|||I'd skip El Salvador. I have a good friend who is from El Salvador and HE says HE wouldn't do that.
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