![]() |
![]() |
|||||||||
| ||||||||||
|
Honduras
| ![]() |
|||||||||
Honduras is the second-largest country of Central America. It is a mountainous country that sweeps from the Pacific Ocean to the Gulf of Honduras and the Caribbean Sea. Found in the north-central part of Central America, this vibrant country is brimming with clear turquoise waters, pristine beaches, lush jungles, breathtaking mountains, challenging rivers, and fascinating ancient ruins. Eco-tours, inexpensive scuba diving, river rafting, and mountain treks are what Honduras is known for as well as its world famous archaeology.
Honduras is equally noted for The Honduran Bay Islands (Las Islas de la Bahia); a group of islands 40 miles off the northern Honduras Caribbean coast. All The Bay Islands are surrounded by a spectacular reef system, which is part of the second largest reef barrier in the world that extends over 400 miles. At times the reef is a short swim away from the shoreline with its calm lagoons for fabulous snorkeling, while beyond the reef crest are incredible world re-known diving experiences.
Real Estate in Honduras
Buying real estate in Honduras is not only easy but substantially less expensive than comparative properties in the North America, not to mention property taxes are lower by up to 70% to 90%.
Non-Hondurans investing and buying property and real estate in Honduras may own up to 3/4 of an acre in their own name on The Bay Islands and within 40 km (24 miles) of the mainland coast. Holding title to parcels of land larger than 3/4 acre is possible through establishing a Honduran corporation.
Home buyers that plan on living in Honduras for over three months at a time need to establish residency. Types of residency status include investor status (minimum $50,000 investment required), employment status and retirement status.
To promote tourism development on the Bay Islands, in 2006 The National Congress of Honduras signed a law and created a treaty with the U.S. declaring the Bay Islands a Tax Free Zone by removing tax barriers, thus there are no personal income taxes, no corporate taxes and local Capital Gains Taxes are established at only 4%. For American citizens this is good news as it means investment can be made without incuring U.S. capital gains when funds are repatriated. The Honduran Lempira exchanges around 18HNL for 1US. Currency converter here.
There are three major islands in The Honduran Bay Islands: Roatan, Guanaja and Utila. Roatan Island the largest and most developed; has an international airport with direct flights that come from both the US and Europe. 30 miles long and 1 to 2.5 miles across and 900 feet high; the island of Roatan offers rolling hills and lush foliage with spectacular ocean vistas that are perfect for a vacation home with spectacular scenic decks and viewpoints. The second and third islands of Guanaja and Utila are smaller and less inhabited but offer equally alluring vistas and charm not to mention the island of Utila boasts more than sixty diving sites just off its shores.
Spanish is the official language for Honduras, but English is widely spoken in the Bay Islands and mostly along the north coast of Honduras. Honduras including the Bay Islands has four international airports with direct flights to and from the US and Europe. Contact Whitten Caribbean Real Estate for all your Honduras and Bay Island real estate needs.
Map of Honduras and The Bay Islands (Islas de la Bahia)
![]() Whitten Caribbean Real Estate
visit us here at www.multiplelistingservicecaribbean.com
visit WHITTEN CAPITAL GROUP at www.whittencapitalgroup.com
![]() | ![]() SIGNATURE HOTEL
|
|||||||||
|
Website contents copyright ©2006 Whitten Capital Group. All rights reserved. Website developed by RE-Data.com LLC Real Estate Website Designers. |
||||||||||