Buying Property In Argentina • Recent & Complete
Buying property in Argentina as a foreigner is generally straightforward, as the law grants non-residents the same ownership rights as citizens. However, the market operates uniquely, primarily dealing in and requiring specific bureaucratic steps to ensure a legal transfer. Essential Legal & Bureaucratic Steps
: In Argentina, a Notary Public ( Escribano ) is mandatory. They do more than witness signatures; they perform the title search, verify there are no debts on the property, and draft the final deed ( Escritura ). buying property in argentina
: Non-residents must get a Clave de Identificación (CDI) from the local tax authority (AFIP). This acts as your temporary tax ID for the transaction and can be handled by a lawyer or agent via Power of Attorney. Buying property in Argentina as a foreigner is
: This optional but common intermediate contract involves a larger deposit (often 30%) and legally binds both parties. They do more than witness signatures; they perform
: You make a formal offer and pay a small deposit (typically 2% of the offer price) to take the property off the market for about a week.