Can Foreigners Buy Property in El Salvador? Complete Legal Guide 2026
## The Short Answer: Yes, Fully
Article 109 of the Salvadoran Constitution grants foreign nationals the same property ownership rights as citizens. No special permits, no restrictions on residential or commercial property, no minimum investment requirements.
## What Foreigners Can Buy
- Residential properties (houses, apartments, condos)
- Commercial properties (offices, retail, warehouses)
- Land (with same rights as citizens)
- Pre-sale developments
- Beach properties (no coastal setback restrictions beyond standard zoning)
## The Buying Process for Foreigners
1. Find a property with a local real estate agent.
2. Title search and due diligence at the CNR.
3. Sign promesa de venta + 10% deposit.
4. Grant power of attorney if you cannot travel ($150–$400 with apostille).
5. Final deed (escritura) + registration at CNR.
**Closing costs**: ~4.5–5.5% of purchase price.
## Financing Options for Foreigners
- Salvadoran banks (Banco Agrícola, Davivienda, BBVA): 7–9% annual rate for non-residents.
- Developer payment plans: common in pre-sale projects.
- Cash purchase via SWIFT transfer: simplest method.
Note: FSV (social housing fund) is available only to Salvadoran citizens.
## Tax Advantages
- Zero annual property tax.
- ~3% one-time transfer tax at closing.
- Capital gains: 0% on most residential sales.
- No inheritance tax on property.