If I would like to purchase real estate in Paraguay for investment purposes as a non-resident, what is the process/paperwork to do so?
- Do I have to be a resident to own real estate (alternatively, can a non-resident own a business that owns the real estate)?
- Does my
- Do I need to work with a real estate agent, or can I purchase directly from the seller (assuming language barrier isn't a problem!)?
- Do I need to get a lawyer involved?
- Are there any special requirements for a non-resident (e.g., apply for a tax ID, need special permit to build on the land or if there are existing buildings, etc.)?
- Do the requirements change depending on what the land will be used for (e.g., residential rental property vs. hold and sell)?