I don't understand why anyone would go for the investment residency. What are the benefits? I am an Architect (with application in to Honduran College of Architects) and would qualify for the special residency but I am trying to find a residency which would help with import duty as I plan to provide specific building materials not available in Honduras for construction. Thanks for your help. Again, I am getting mixed messages from my attorney there, who has already been paid. Any help you couldprovide would be greatly apreciated.
Regards,
Jeannie Belove
Melanie Wetzel wrote:
Hi there,
Yes you have to put a $5,000 deposit for Investor class Residency. It is a deposit in the Central Bank, you don't need an account.
And No, you do not receive import tax benefits with an Investor Residency. Those are only available with Rentista and Pensionada Residencies.
There is a bit of Residency information on my website, www.honduranlaw.com regarding the investor and other residencies.
Regards,
Melanie Wetzel
Attorney
www.honduranlaw.com
belovedesignstudio wrote:
My husband and I are moving to Roatan in August. I have a lawyer
doing the residency thing for us.
I am supposed to be going in as an "Investor" and my lawyer tells me I
have to deposit $5000 in the Central Honduran bank NOW. Having read
other postings it is my understanding that I cannot open a bank
account without residency !! Does anyone know about this type of
residency, how to do the 5000 thing and what priviledges "Investor"
provides? I have been told I can bring in anything ( for resale or
construction in my case) duty free for 10 years.
Is that true? I keep getting different stories from my lawyer (which
is very annoying) and need an outside opinion on all the above.
Thanks
Melanie
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