Buy property in El Salvador! Finance now available for non residents!
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- เผยแพร่เมื่อ 28 เม.ย. 2024
- Are you a non-resident of El Salvador and would like to purchase property here? Well, look no further, it is now possible to gain financing for a mortgage in El Salvador without being a resident, you don't even have to live here!
Gladys has spent the last 12 months working with a bank in El Salvador and can now provide non-residents funding to purchase property.
Watch our latest interview with Gladys to get more information as well as click on the link to down load the PDF which includes a link to book an appointment with Gladys.
www.njelsalvador.com/property
Find out about using Bitcoin for your mortgage deposit.
Hope you find this video useful, please remember to subscribe and like, so you get to see more of our adventures here in El Salvador.
Thanks for watching
Nicki and James living in El Salvador
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*** *CHAPTERS ****
00:00 Introduction
00:59 Who is Gladys?
04:05 What are the prequalifying requirements
05:51 What is required once you have a property in mind?
07:47 What deposit is required from the bank?
09:54 Clean account conduct is important!
10:39 Salvadorans living in USA are already applying
13:27 The 3 C's of lending
16:03 Power of Attorney
18:16 What are the interest rates and term of loans?
20:08 Is Bitcoin accepted?
21:43 Setting up bank accounts here in El Salvador
23:17 Lending for different types of property
25:05 Ending statements
25:48 Where to find more information
26:01 Do you want to move to El Salvador?
26:43 End Slide
![รุ่นใหญ่ EP.2 บุกบ้าน เสรีพิศุทธ์ ระหว่าง บิ๊กต่อ กับ บิ๊กโจ๊ก อา รักใครมากกว่า ?? l [Nickynachat]](http://i.ytimg.com/vi/j2inUqhN__0/mqdefault.jpg)
Thank you for the information you provided in this episode. I'm a Salvadorian living in Canada and with all the changes I see in the country I've been seriously contemplating coming back to visit for the first time in over 40 years and perhaps investing in property, but not knowing the country at all or knowing who to turn to has stopped me from moving forward until now...thank you again and keep up the good work in promoting El Salvador, I have learned so much from watching your channel..Que Dios los bendiga 🙏❤
Gracias Joy, for watching and your comment, you will be amazed at what you see after 40yrs of being away. We really recommend you come down for a visit to get the feel of this amazing country. There are so many places you are able to live, beachside, mountainside, lakeside as well as the city. and everything is really close compared to many countries. Keep us posted 💙🇳🇮
Thank you for having me on.. this definitely opens the doors to so many people wanting to actually own in El Salvador. No more paying in full via cash or #Bitcoin for a property 🎉
Hi Gladys, it was great to talk with you, and this does open many opportunities for people wanted to purchase a little bit of paradise. 💙🇳🇮
You say "SalvadorIANs' like many USA people. But the true and correct way to say it is "SalvadorANs." The hosts say it correctly and many people who are born in El Salvador and never left say the correct way is "SalvadorANs."
How can we get in contact with you about checking out properties and getting approved as a American?
Literally the same story! I was there for 4 days and I see huge potential in this country!
We are enjoying our journey and believe everyone will have their own some will take it on and others will choose not to - but it’s all ok whichever way you go 🧡
I’m a Canadian looking closely at El Salvador right now!!
Hi Phil - Lots of Canadians are here and heading this way.
@@njelsalvador you might see one more soon:)
great video , TY !!
Hi George - thanks for watching - hopefully it’s helpful 💙
There is no doubt that this will grow in a couple of years.
Hey Donaldo, yes, agree with you. El Salvador is a beacon for many. Going to grow. Thank you
I doubt it will. El Salvador's current stability is an illusion. There is a doubt. Don't talk bullshit.
@@TimothyBushell I feel You sir!!! Stability has been compromised before Bukele. Investments like... INTEL and SAMSUNG as an example, decided to set up operations in Costa Rica due to crimes and legal instability before Bukele. It seems that previous governments did not care and did it the other way around. Instead of making El Salvador safer. Crime was a business, stealing and following an economic system without clear objectives. Loaning millions for infrastructure and not being able to pay those loans every year with little investment does not make sense, for the banks it was. What do you mean instability?
Great video love it 👌
Thank you Guillermo 💙🇸🇻
Wow! amazing! 🙏
Yes great opportunity 💙🇸🇻
great vid lots of in depth info
Thanks for watching 77 show
Valuable information. Thanks for sharing.
Gracias Jorge 💙🇸🇻
NO DOUBT, EL SALVADOR HAS BECOME A PARADISE TO LIVE, WEATHER, FOOD, BEAUTIFUL PLACES, FRIENDLY PEOPLE etc. etc.
Hi Richard - yes it certainly has 🙏💙
Great video guys, keep doing it 👏❤🙏
Thanks Nelson
Hi Nicki and James,
Another excellent video.
Thank you 👍
Thanks for watching Claude 🙏💙🇸🇻
This is such amazing information thank you
Thank you for watching
Thanks very good information
Hi Luis - thanks for watching - Gladys has worked hard to be able to provide this, which is great
Love this video, thank you so much for this valuable video so much information
Hi JC - thanks for watching and pleased it has been helpful 🙏
Excellent 👍
We think it is a good opportunity for some people
God blessyou guys for al information thank you
Gracias and thanks for watching a great time to be looking at purchasing here 💙🇸🇻
You guys are awesome!
Gracias Anthony 🙏 we appreciate you watching and your comment
Thank you guys
Thank you for watching. We hope you found value. J.
Great video
Great thank you Henry
Great information.
Thank you for your comments and watching
Great stuff, guys. You're always bringing good and useful information for people living outside, but looking into El Salvador 🇸🇻 😀
Gracias Juan - trying to share useful information 🙏💙🇸🇻
Great information we are coming in March to check it out I'm not sure about buying there yet but love what I'm seeing and hearing!
Hi Terry - thanks for watching and your comment let’s us know when your here. It’s a great place with lots of amazing people 💙🇸🇻🙏
You guys are awesome!! great video. I'm Salvadoran living in Canada but planning my retirement in ES SOON!!!! Great place, great weather, great people and food.
Thank you for watching and your comment 💕 yes it is a great place 💙🇸🇻
Exelenteeee
Thanks Jose
Guys, I am glad to inform you I just arrived in El Salvador !!! Happily staying at the Bitcoin Landing Spot (thanks for the excellent recommendation). Would love to meet you now!
Hi FP we are coming to Bitcoin Landing spot this morning - we have a meeting there at 11.45 so if you are around we will see you there.
Great video! The link you provided, however, when I click on it says "Please try starting again". I would love to book a call with Gladys but the link doesn't work. Is there a number to reach her? Thank you!
Why exactly is a POA needed if you go there personally to sign at closing?
Very interesting. Thank you for this information. I would like to no more about realtors and whether realtors have a fee or percentage for finding properties?
Hi - yes the realtors do charge a fee for finding you a property.
I so want to move there. I am specialized concrete artist that has worked in themed construction. The sky is the limit there.
Yes it is - download our pdf so you book an appointment with Gladys
@@njelsalvador What is concrete selling for per yard? Were does El Salvador gets it concrete?
@@ConcreteAlchemy - hey unsure where it is sourced or the cost but meeting up with a building next weekend so can ask and come back to you.
@@njelsalvador That would be great. I am unable to find anything online. Thanks
@@njelsalvador Please let me know
Very interesting information. My dream is to build my house in Bitcoin City. I already bought one in La Libertad
Hi ya - yes we would like to purchase some property towards Bitcoin City, it will be great place in a few years time.
I heard that foreigners Tourist can stay more time now In El Salvador compared with the last years 🇸🇻
Yes that true and really amazing - your tourist visa can now be 180 days instead of the 90days, that gives you plenty of time to get your temporary residency cards.
Thanks for the video, it was very informative. We are US citizens, but my wife was Honduran and lived in El Salvador for a while when she was a child. We are planning on purchasing some land to develop and build a house on with her nephew who lives in El Salvador. it will be a vacation home/Airbnb for us.
Hi Andy - that’s great to hear / good luck and what an exciting adventure 💙🇸🇻
links aren't working to your page! ):
Hi very informative
I have purchased land in the mountains at high elevation as well as ocean front
Might idea is to prepare and parcels with natural Beaty and provided to anyone who wants to buy back in El Salvador
Right now I have 4 parcels at the mountains in usulutan with water and electricity
Hi Jose - that sounds amazing - love that you have kept pockets of nature. Are you ready to sell them now? 💙🇸🇻
I want to live up in the mountains by the town of La Palma. De you know anything about that
What a very informative video! I’d like to ask what property taxes are like for say a blank plot of land? And sorry for this naive question, but what are condominiums like to own over there? Are they able to be AirBnB out? Are their services for cleaning and managing your AirBnB property?
Great questions, the property taxes you have are paid monthly in your electricity bill and not very much, you do have capital gains tax of 10% when selling your property. When purchasing your property you also have a one off fee, this is a percentage of the purchase price above a certain level and the % depends on which department you live as it can differ slightly, again it is not huge.
We have never lived or owned a condominium but there are many which are AirBnB and it would be a great business to get into setting up a management and cleaning company here.
I use to visit quite a bit in the early 2000s and want to buy something so I can retire there in a few years.
Hi - thank you for watching and your comment, if you are interested we really do recommend you speak with Gladys, especially if you are wanting to get a mortgage to do this. You can down load a PDF from our website and in there is the contact details for Gladys. www.njelsalvador.com/property
I'll live to get a property but botching payments will be easier for me.
Hi Aunty Molly, thank you for watching and your comment, I am unsure what you mean by botching payments - it maybe ballon payments from New Zealand. If this is what you mean it will be harder for the bank to lend with these as they need to see and have the security of the steady monthly payments. What is great with this is that you are able to pay the monthly amount and then when able do a larger lump sum.
I don't know how old is this video, but the NIT is no longer required. It has been combined with the DUI, and i told that by law, no one is supposed to demand it 🤗
Hi Chichatting con Amanda - thanks for watching the video - as a non citizen / non residence you are unable to get a DUI you can only have an NIT 🙏💙
@@njelsalvador really? Thx you😊
What’s a good site to preview some available properties?
There are a couple out there. But being on the ground is the best option. Any photos or videos will not do it justice based on our personal experience. Thanks
Hola 👍🌹
Hola 💙🙏
I was told that you can’t get a loan without a DUI now
Hi - you would still need to get an NIT which is a tax number for foreigners - a DUI is for citizens - hope this helps - they are very easy to get.
Thank you for the information, I had a realtor tell me that I needed to do 50% down payment on a waterfront property, It is good to hear that less can be put down.
Hi Nelson, it may be a great idea to be in contact with Gladys as she has built a really great relationship with some of the banks here. She is having a mortgage/property event here in San Salvador on the 3rd of Feb.
Any info? Are u guys advising how to buy?
Hi Erika, thank you for watching, we are not advising how to buy but can definitely put you in touch with different sales people. We do recommend that you do research and meet up with a couple of different agents and lawyers, as you really want the right fit for you.
Does it matter if I haven’t worked in the same job for 3 years in the taxes forms ?
Great question - no I don’t think so but it would be good to check with Gladys
What are the prices of property like? Say a 3 bedroom house? Also, if I fly there tomorrow with lots a btc and I want to buy a house outright. Can I now live there as a resident forever? I really want to come.
Hi. Great question. Hard to answer in a short space without more context. Many variables. Property is not exactly what we would call developing nation cheap. And the quality can be a bit rough too. To live as a resident you will need to go through the legal channels and apply or pay $1 million. We offer a paid call to answer these questions in more detail. Hope that helps. Thanks.
is there a limit on how much land a foriegner can buy in El Salvador?
Hi Brooks - great question, as far as we know, there is no limit, though you may want to check this out with a lawyer, but please take a look at our property page. njelsalvador.com/property
She did not say if she's Salvi or her backgrounds?
Hello. I'm Guatemalan.. my Mother is Guatemalan and my Father is Salvadorian ❣️
I can’t find Gladys contact info anywhere can you please provide that??
Hola - if you go to our website here njelsalvador.com/property there is a link to click on and get the pdf and her details. Thanks for watching
how can we get a hold of Gladys?
Hi Eddie, thanks for watching - you can get hold of Gladys and all the information she requires by going to njelsalvador.com/property
I am salvadoreña. , my husband Canadian, we want to invest in an home but our problem is that we can’t bring the money because no one was able to tell us how yo bring money to buy a hone.. I find very hard for people leaving outside how??? Someone can give us an idea??so I heard that people buy a property , 2, etc but we went to the bank to transfer money form Canada and all we heard was no! .. someone knows?
Hi Xiimara - I will be catching up with Gladys when she comes this weekend and talk to her about this, if you would like to DM us either on our Twitter or Instagram accounts I can talk with you after. Cheers Nicki
Ok I’ll do that, I have been away for El Salvador since 1994, but now we so interested .. actually we are going there in January for 2 months for travel but to buy if we can do it… thanks we will contact you guys!
few ways to do it. If you are Salvadoran just open a bank account in ES then wire the $$ from your canadian account to the one in ES. And there is BTC as well!!
@@gmo882what bank to wha bank?
@@CuriousCat777 I live in Canada, so I did a wire transfer from by canadian bank account (bank of montreal) to my salvadoran bank account (banco agricola)
What is Gladys info?
Hi Norma. Please find all contact information on www.njElSalvador.com/property when you enter your details in The form you will receive a PDF with everything you need. Thanks
I am moving back to my country, I giving up my citizenship, Bitcoin is freedom
Antonio 💕 that is a big move and look forward to meeting you when your here 💙🇸🇻
Is it possible to finance a lot without a house in El Salvador?
Hi Matt yes it is you can contact Gladys through our property page www.njelsalvador.com/property.
What if you live in a tax free country like Bermuda?
Hi NewWorldMoney. To obtain a mortgage with most lenders. They will most likely require an income statement. Thanks
Is bitcoin still available there?
It certainly is - but it is pretty much available everywhere
Talked with Gladys, 30 mins, send her 150 bux as generosity, then she vanished completely, i think this shows unreliability lots, so anyone do the leg work
Hola @catalino8010 thank you for reaching out I will send a message.
Hello Nicky and James! Kindly provide the number of that lady to help me with the process of buying a lot near a lake or the beach, I am Salvadorean living in El Salvador. I have a Nit and a DUI as well as an American citizen. Thank you in advance.
Hi Nilson - thank you for watching - if you go to www.njelsalvador.com/property there is a pdf you can get with all information on it. Good luck
My country ♥️
Btw It’s still America
Hi. Thanks for watching. Unsure what you are referring too. No offense is meant when we sometimes say slightly wrong things in the heat of the video. Thank you.
iwant i live in las vegas and iam tied i have talking about moving there since las years and iam hevy in crypto i want in..
Very serious about moving to el salvador
HOW DO I GET IN TOUCH WITH GLADYS PLEASE.........
Hi Freddy - you can go onto our webpage www.njelsalvador.com/property we have a pdf if with list of information and Gladys details. Gracias 🙏
How do we in touch with Gladys??
Hola Edison - Gracias for watching - you can get all Gladys information and details of what you require in a pdf format from njelsalvador.com/property- any queries let us know. Thanks 🙏
Hola Fredy - thanks for watching - you can get all you require and Gladys details on a pdf from njelsalvador.com/property - thanks 🙏
Hola Edison please see above 👆
hey guys, i heard you've moved. Sal zonte won't be the same without you. could you pass along glady's contact info?
Yes moved up to Berlin Usulutan - still trying to find a dance teacher 💃🕺 - go onto our njelsalvador.com/property
Many times in the place where I work , the power goes out and even though we have emergency power,; credit cards and computers cannot be used and we have to evacuate all customers because there is no way for them to pay for their things. Maybe that would be another advantage of using Bitcoin. Even to sell water on top of a volcano or to buy or sell in a remote place where there is no electricity?
I don’t know 🤷♂️ I’m just asking?
Maybe I can go to Santa Ana volcano 🌋 and other tourists places like El Tunco and sell Velcro Patches
Hey - great question - as long as you have mobile data you should be fine.
Maybe 🤔
I think your very kind. All of f you.
Gracias - enjoying sharing what is happening here in El Salvador
My understanding is that Banks in El Salvador make you wait 6 months in order to have access to your money after you have made wire transfer from USA to El Salvador bank to get your money to buy a property, that’s totally unacceptable it’s your money you want to invest however banks don’t see it that way, they want to make a lot of interest out of your money to later release the hold, my opinion El Salvador Consumer Affairs should step in to stop El Salvador Banks from doing that…..
Hi Olomouc - what you will find is that you need to have your bank account open for 6 mths b4 doing a wire transfer. If you do it that way you can take your money out straight away
@@njelsalvador Great Advice Thank You, However doing the wire transfer while in El Salvador with a new Bank Account barely open is not a possibility unless if you make a deal to finance the house with the bank and pay it off in 6 month the mortgage.
What bank do we use to open an account so that we have it for six months in advance? Also, the money that is transferred into the account is available that day or does it need to be seasoned for a period of time?
@@almostthere6098 the banks in El Salvador are, Banco Agrícola, CityBank(known as Banco Cuscatlan) ScotiaBank…
Hi my names randy I’m from Portland oregon USA , I have land it’s two manzana and I need 100% construction finance for my venture. And the idea I took it from a friend of mine that is now generating 2,555,000 dollers anually I wana replicate it on my land.
This is only for none salvadorean residents or could be for salvadoreans that left the country long time ago and now we are looking for financing and buy a property there ?
Hi Manuel - thank you for your comment - Gladys does talk about her 1st client being a Salvadoran living in USA - so it can also be for expat Salvadorans. Check out our website so you can download our pdf and have access to book a call with Gladys.
You can get the ID from El Salvador if you are an ex-pat. My husband got it immediately with his birth certificate. He has an American passport and they were very kind and helpful. At city hall office. They disinfect you first he said 😂
If Bukele can keep the country on track like he has been doing, I'd certainly consider living in El Salvador.
@billiondollardan - its a great place to visit and check out, whether you choose to stay or not 💙🇸🇻
Why are ya invading…not cool
Hi, thank you for your reply. Can you please elaborate, your comment doesn't make sense. Immigration is common around the world. We all live on this one planet together. And El Salvador has welcomed us to be part of what is happening here in this part of the world. Have a great day.
Paradaise? Isn't more poverty ? when people still leaving in very bad conditions , no opportunities for those people , these change in el salvador only are good for people can afford to buy properties not tax too bad AND SAD FOR EL SALVADOR WITH THIS TYPE THE VIDEOS TRY TO GIVE A IMAGE BUT THE WITH PROBLEMS ARE NOT SOLVED YET
Hi Andres, thank you for taking the time to watch and comment. Yes, there are many problems in El Salvador and the world. We can do our best to help. I personally think new people arriving is good for even the poor Salvadorans, as we do go and spend money at the local markets and businesses to support them first. Thank you.
None of my husband’s siblings wanted to come to USA. They are very happy there. His brother had residency and went back home and didn’t choose to keep it. Not sure exactly why my husband stayed here as he was a resident before I knew him and got his citizenship shortly after but is very happy here in USA. I had been trying to get him to go back and he doesn’t want to but wants to now buy a home in ES, too. He went there this pat month alone and came back with the idea
Please don’t come here
Thanks for watching.
Nicki are going to sale House in El Salvador?
Hi Ana - no I’m not planning too, we are just sharing a great opportunity for people wanting to get into the property market here.
Quick question why is it that Salvador allows non-residence and citizens to own property but you have Americans in the United States for example states like Florida Oklahoma and Texas that don't allow nonresident or citizens to own properties I don't think it should be like that Americans are benefiting buying property in our paradise but we can't buy the American dream
Hi @borislazo1016 it is an interesting question, and as we are not from United States are unable to help answer it. I know in New Zealand you need to have an IRD (tax number) before you can purchase property, if you required a mortgage then it is a lot tougher.
is there any way to contact Gladys directly just for information purposes? does she have a contact email or phone number?
Hola - yes, if you go to our website njelsalvador.com/property you will find a form to fill in and get all of Glady's details. - thanks for watching
Just wanted to thank you guys for all the great information you always have in your videos…. Could you please provide Gladys contact number or email??? I’ll greatly appreciate it
Hi Gloria, thank you for watching and your comments 💙- if you go onto our webpage you can download the pdf and get her details there. Any queries please let us know.
I suspect El Salvador will get over populated and expensive soon
Hi Steve - It is an interesting statement and we are unsure how it will go. With all Bukele has done, El Salvador 🇸🇻 is definitely on the map for a lot of people. We do hope they have some great planners in office to ensure it does not lose its beauty and become a little version of the US. As to your comment of expensive, we have found in a yr property prices are increasing and in some places property gouging happening which is unfortunate.