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    Travel-To-Honduras Discussion List Archive


    Posted On: 20-Jun-2005
    From: "Dave Elder" [delder.....com]
    Subject: RE: [travel-to-honduras] Honduran Residency


    Is the $1500/$2000 per person or per couple?

    __

    From: travel-to-honduras.....com
    [mailto:travel-to-honduras.....com] On Behalf Of Melanie Wetzel
    Sent: Tuesday, May 31, 2005 12:48 PM
    To: travel-to-honduras.....com
    Subject: Re: [travel-to-honduras] Honduran Residency
    Not everyone qualifies for residency. The only residencies that have
    tax benefits are the Rentista and Pensionado, and you have to
    qualify(more than $1,500 in monthly life-time pension, or $2,500 in
    interest or other monthly income). If you can do that great, that's the
    best residency.

    People who don't have that type of income have to look for other
    residency categories, sometimes investor.

    Residency is not easy or fun for anyone involved. It's your first great
    hurdle if you want to spend extended time in Honduras.

    Jeannie Belove wrote:
    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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