Buying property in El Salvador Our Experience

Will and Sarah have just moved into their dream home in El Salvador (paradise ;). They share their experience purchasing a home in El Salvador and some of the things buyers can expect.

[@drod8966]

Happy for you guys!, 285k usd in canadian $ 400k, you couldn't find a house or townhouse in Canada for that price, and Zaragoza beautiful place, closed to everywhere...plus your house comes with the option of growing mango, banana, coconut papayas trees ect if you decide to. I don't think you could you that in Canada...

[@franciscoalfaro6444]

Congratulations I’m currently selling my house I’m following your footsteps

[@BraveNewPath]

Thanks so much. Wow, that amazing! We're very excited to hear that you have made the decision to do the same. Life's a journey and we never know where its going to take us next, but we need to live it to the fullest and not have regrets - go after your dreams my friend if they're calling you here we will be rooting for you, bendiciones amigo!

[@edgardoestrada9596]

Buenas y su esposo ablabla español ​@@BraveNewPath

[@virginiabustillo-inmo]

Me encantó el video y lo bien que explicaron todo el proceso desde que vieron la propiedad, presentaron la oferta y entregaron la reserva de los $5,000 o arras que se entregan cuando se firma la Promesa de Compra-venta, que es muy bueno que exista ese documento porque de esa manera ambas partes están protegidas y se esta garantizando la negociación. Soy agente inmobiliario y a veces cuesta que los clientes entiendan lo de la reserva y las ventajas de este. (cuando me vuelva a suceder, los voy a enviar a que vean su video, con su permiso :) Verdaderamente si estoy impresionada, manejan muy bien los términos de Impuesto de Transferencia (su pago al 100% y cuando se divide en 50% USUFRUCTO y 50% NUDA PROPIEDAD) derechos de Registro y muchas cosas más. Los felicito! y Bienvenidos!!!

[@Roxy-gi3ds]

Thank you for your video and for sharing with many of us that are interested in El Salvador but still need to figure out a way to do it. I appreciate your transparency. Wish you the best!!

[@luisandblancac]

You guys are lucky, or would I say blessed for that property very nice looks great ,saludos amigos desde utah USA 🇺🇸

[@BraveNewPath]

Thank you!

[@alphonseSaintSivar]

People have lots of dogs because of any intruder that might want to brake into your place, they'll let you know when the intruder is being chewed 😂. Also they're a pretty good company.

[@drod8966]

An advice for people who are Salvadorean and want to buy in El Salvador. Get the Chivo wallet, start depositing money using a credit card o debit card to build cash, you can have in US dollars or transfer it to Bitcoin if you are into it. Also, open a bank account in your next trip to ES. It is becoming easier to do it now. I faced all those issues, 3 years ago, when buying 1.7 acres (una manzana), en La Palma, Chalate. Bendiciones y saludos desde London, Ontario.

[@BraveNewPath]

Oh wow, you bought a manzana! Good for you! How are you using it? Do you vacation here?

[@wilfredocordova2705]

Congratulations! Nice house! I was born in Zaragoza.

[@luisandblancac]

Stainless steel sink are most used here in the USA, congrat and the counter top granite or quarzt is great ,bendiciones amigos

[@BraveNewPath]

Thank you!

[@leogomez5679]

Congratulations 🍾 por su casa buena decisión espero que logren sus metas en mi lindo Pais al cual espero regresar pronto!

[@MV-wb1bz]

Hola de acuerdo a lo que he escuchado en las noticias, en el Gobierno de Bukele: Si eres Salvadoreño o hijo de Salvadoreño ( tienes que adquirir la ciudadania creo) y quieres transferir capital hacia El Salvador con intension de residir en El Salvador, Las transferencias de cantidades importantes de dinero desde el extranjero para inmuebles, casa, carro etc, son libres de impuestos, NO TAXES, por favor pregunten sobre el programa de migración inversa. Pues nosotros estamos siguiendo la información de ES con el fin de retornar en un futuro. Tengo entendido que aun el ingreso de bienes es permitido sin taxes, claro existe un limite. Saludos los mejores deseos.

[@BraveNewPath]

Sí, es correcto, no hay impuestos para traer dinero o activos al país si te mudas aquí desde la diáspora. ¡Sin duda fue un gran incentivo para nosotros!

[@gloval5187]

Sería excelente que hicieran un vídeo acerca de esos detalles.

[@wolfcruz1981]

Definitely building a house would be less expensive I would guess. Congratulations folks. One question: whats the cost of living there in El Salvador and what kinds of jobs you guys are going to have there?

[@telmatorres6300]

Excelente información para la diáspora, next video please que sea en algún lugar del país disfrutando los paisajes. Bendiciones.

[@Minina-Nena-Celina]

Bendiciones gente.🙏🙏🙏

[@BraveNewPath]

Gracias.

[@cfcf6216]

Good information. Thank you.

[@Mirjo25]

Bienvenidos al salvador ❤❤❤

[@TheRosyposy69]

Excellent choice congrats! I wish you all the best and enjoy your new life in that wonderful country. Best regards from Canada.. 🤚🙏💛

[@BraveNewPath]

Thanks so much for your warm wishes!

[@truthhurts5379]

Congratulations and thanks for the very informative video!

[@BraveNewPath]

Thank you!

[@emersonabrego7069]

Felicitaciones por la compra de la nueva casa en El Salvador.. gracias por compartir muy buena imformacion . I am also in the process of moving or returning back home after 43 years ... I live in the Toronto GTA.. one of the key questions is .. how did you do to move a great amount of money to El Salvador? I know it can be done through wire transfer, but . Did the government of Canada ask any questions? Any imformacion will be appreciated. All the best in the new in paradise 😊

[@user-dy9ez9fs8j]

Visit the county. Ask lots of questions before you decide to come to El Salvador. Diffrent driving rules and diffrent culture.

[@SC-gh6gd]

Great video. Once theres no more diaspora to buy up property the home will drop. Foreigners will not pay for those overpriced properties unfortunately. Also after Bukele leaves what happens to the country? I foresee drastic price drops. Just my opinion.

[@fransiscolandaverde640]

Felicidades from Boston

[@BraveNewPath]

Gracias.

[@roxanaquntanilla5521]

Thank you so much for the information… I’m so glad I have been following your guys journey and it gives me hope that some day I will be there to. God bless you both and family and keep safe and healthy so that you can make a life worth living in El Salvador.

[@BraveNewPath]

Thank you.

[@josepmau007]

Gracias por los detalles eso nos ayuda a saber mucho del negocio inmobiliario que se esta manejabdo wn el pais actualmente y felicidades de nuevo..!! Next video planes a mediano y largo plazo could be??

[@Menjilu]

I am also going to follow your footsteps. I live in Kitchener Ontario and also from El Salvador love your videos

[@Odircito1976]

This is the best information I've received!! Thank you so much. I have been waiting for your video. I envy you so much in a good way. All the best to you. I hope my way makes that decision.

[@Jovino503]

Great info! There’s many people following your steps and it’s nice to get a real idea. I Think you did great on the buy. Zaragoza is where you want to be, prices are shooting up in that area.

[@BraveNewPath]

We're glad you found the info helpful! Yes its a great spot for sure 👌

[@michaelfishman7174]

I think the house is great. The kitchen is awesome.

[@kathymohsin5867]

Felicitaciones por su casa muchas bendiciones

[@BraveNewPath]

Gracias

[@stevereyes861]

With all respect, you have a beautiful wife...and a great mom

[@BraveNewPath]

@@stevereyes861 thanks! She is!

[@garfield9580]

Beautiful home

[@BraveNewPath]

Thanks very much!

[@user-cd7ro4nz7t]

I like to hear Zaragoza, I’m from there but now I live in Kentucky USA, i can’t wait to go back for good

[@BraveNewPath]

Cool, how long has it been since you lived here?

[@mirnagomez5386]

Good information 👍

[@BraveNewPath]

Thanks

[@Tofflemire]

Thanks for sharing your experience buying property in El Salvador. It's always helpful to know all these details and information. Beautiful and spacious home! Hope you keep enjoying life down there. Best of lucks!

[@BraveNewPath]

Thank you so much for your support, yes we are really enjoying life here! We're so glad this info was helpful for you ☺️

[@erlithmunoz4430]

God bless all

[@anareyna2736]

Very pretty house, congratulations 🎉

[@LemuxTech]

Congratulations again guys! Always looking forward to your next video :)

[@mario601]

Que bueno el contenido, muy ameno!!!!!!!!!!!!

[@Smrtdesigns]

Your house is beautiful!! enjoy it!

[@javiermartinez9355]

Hi, Great info and really appreciate all the details of the process. Did you guys find the house by yourself or you had a realtor showing you properties? I'm visiting el Salvador in the next couple weeks and the idea is to look for a property. Hope you can answer my question. Following your steps.

[@miguelinteriano125]

Beautiful house for sure congratulations👍

[@frankysiguenza3237]

i got lost about the usufructo law but regardless what your home value in a few years will be worth a lot more. for sure. that's why I keep telling friends don't sell your property specially if you live in San Salvador arounds.

[@sandramorales6236]

It's so true about having multiple dogs 😂 don't be surprised to see a hen or two roaming around too😆 besides that your house is beautiful ❤️

[@BraveNewPath]

Thanks very much! (and yes, we've seen some hens around lol)

[@miltonamaya1714]

What web site did you use to find the house?

[@godo1068]

What site or pages do you recomend to look for a house in the market. Thank you in advanced

[@mithrandirthegrey7644]

I'm fixing to come look at properties in February next year. I feel like El Salvador is on a good path. My problems are: 1. I don't speak any Spanish 2. I have no connection to El Salvador what so ever 3. I have small children and a wife 4. I need to relocate my company there Also, how are the connections of the major airports? I have my own company and I need to fly quite a bit in a year so it's important for me to be able to get to a major airport quickly. How is El Salvador for raising a young family? How are the hospitals? Can you pay for private health insurance and get access to healthcare that is on par with what you would expect from a 1st world country? I have a lot of these questions that are hard to find answers to when you don't speak Spanish. Do you see any risks of the crime wave returning once Bukele resigns? I want to move there and have it be my forever home. I already moved from continents once and I have lived in a couple of different countries. It's a lot of work to get used to all the new systems and ways that things work. I don't want to be doing it again in my 40s or 50s. How receptive are the people to foreigners moving in? I want to live next to the sea somewhere around Surf City to get to do what I love doing most in the world outside of my family - surf and ride motorcycles. Of course if I do end up there I will take Spanish classes and learn it up to a level where I can carry a conversation with somebody even if I will probably never speak "academic" Spanish :).

[@AlexNuong-b6y]

I am in Canada, what website is best to look for homes in this area? Also are there any current homes in area for sale for that price range?

[@josevsanchez3608]

Waoo nice home

[@codinnohannsable]

I’m assuming the deal was cash offer or any financing involved?

[@DeeboGSD]

Definitely looking into doing this! Thank you! What do you do for work? Do you have to have citizenship??? Thanks for your content

[@ItsmeYaneth]

A lot of charges😮😮😮

[@fernandoortiz5490]

Thank you so much for this video. GREAT valuable information. 1 question how long was the whole process for the house purchase?? 1 month , 3 weeks??

[@jeannetteprds3849]

Hi guys I have a question about the canadian retirement plan. Like so many I have given Canada a lot of working years. If I was to immigrate to a country such as El Salvador like you guys have, would I be able to get my cpp? Are you guys still paying into your CPP or did you lose your contributions by moving abroad? TIA

[@BraveNewPath]

Hi Jeannette, that's a really great question! I checked this on the government of Canada website because I was also curious about the answer. Yes, you can retire abroad and still receive both your OAS and your CPP payments, however the government will keep 25% of your benefits as a "withholding tax". I can understand them keeping 25% of the OAS because we don't contribute to that, but not the CPP, which we had to put money into from every pay cheque with the promise that we would receive it, so thats kind of BS! But yeah, so you would keep 75% of your eligible benefits, but at least here the costs of living is lower and your money will go further.

[@jeannetteprds3849]

Good to know, I thought you would lose the OAS, I wasn't sure about the CPP. In Canada we live to pay taxes, doesn't surprise me leaving the country will cost you 25% of your pensions.

[@oscarcastro2291]

How much money are you allowed to bring , from Canadá to El Salvador. Saludos desde Canadá

[@edgarta7143]

Marero d usa ?!!!

[@GViper13]

There's no Dog Catcher's in the country so beware when walking around there are mobs of dogs in the streets.

[@eeduarte1]

Did you work with a bank?

[@michaelfishman7174]

If you dont mind my asking, what do they charge for property taxes?

[@ultratrucho07]

no property taxes in El Salvador!!

[@taniahernandez4816]

Hi good evening I wanted to ask you guys a couple questions we want to move to El Salvador we live in California wanted to know how or know how to work remote I would like to move with a job to the city of Santa Ana

[@gloval5187]

I think it’s not the diaspora only riding the prices up. It’s the rich investors that buy the best houses and hold them to invest as the value of the dollar is so low

[@pirateking173]

Its due to gentrification.

[@Northsaw1]

Did you guys pay for the house outright, or did you take out a mortgage? If so, what are the interest rates and down payment percentages? Thanks.

[@BraveNewPath]

We paid for the house outright. We were in a position to do that because we sold our home in Canada and had enough equity to do it. In El Salvador you can buy a cute little house for $180-200,000 and live comfortably in a nice residential - with no mortgage or rent!!! (bonus!!!)

[@drod8966]

Or property taxes, as you mentioned in your video...

[@ronaldlopez298]

You look too young to be a retiree, I am 56 and planning to go back to el salvador when the time comes. My wife and I have a house in a “pueblo” in Chalatenango, My two daughters will not go live with us , they are US born and adults now. Are you guys happy there?

[@BraveNewPath]

Oh wow, that is so nice that you plan to retire here! Chalatenango, thats cool we haven't been to that part of El Salvador yet! Yes we are happy here, we know we made the right decision! And we are very hopeful and full of joy about our future here and the future of this amazing country!!!

[@gloval5187]

Do you guys have remote jobs. Would you mind sharing what you do?

[@gloval5187]

Very helpful. You can become consultants to many of us in the diaspora. Thanks for sharing. If you do become consultants. Let us know.

[@BraveNewPath]

@@gloval5187 Yeah for sure! I'm a daytrader and Sarah is an English teacher so we both work online (we're digital nomads)

[@soponchanseatipon7761]

Can a foreigner buy property in El Savador ?

[@BraveNewPath]

@@soponchanseatipon7761 yes

[@soponchanseatipon7761]

@@BraveNewPath Are you a real estate agency in El Salvador?

[@BraveNewPath]

@soponchanseatipon7761 no, we just moved from Canada to El Salvador and we're sharing our experience of buying a house here

[@soponchanseatipon7761]

@@BraveNewPaththanks and pleased to know u . I got relatives in Montreal , Quebec , Canada . How long have u been in El Salvador ? Thank you .

[@GlennMuller-sw4ej]

Good Evening, Both of you have very helpful throughout your move, in the near future we would like to speak with you. How do we connect privately? We are staying in San Salvador maybe after the country’s 1 week break Look forward to speaking and meeting you ! Yours Glenn and Dorris I have watsapp