Can US citizens retire in Guatemala?

If you earn income in Guatemala, you might be able to get the Foreign Earned Income Exclusion on your U.S. taxes. However, if you are retiring, you may be on a fixed income from the United States. In this case, your pension, Social Security, and other retirement income will not be taxed.

Is Guatemala good for retirement?

Retire in Guatemala: Overview

Guatemala is a third most populous country in Central America and one of the best places to retire currently. The country offers a very stable and pleasant climate year round, pretty safe cities and one of the lowest cost of living in the Americas.

Can a US citizen move to Guatemala?

Visas. Foreigners including American citizens usually don’t need a visa to stay in Guatemala for up to 90 days, after which they can request an extension, according to the U.S. Department of State. … After two years of residence under a Visa Ordinaria, you can become a legal permanent resident of Guatemala.

How long can US citizen stay in Guatemala?

U.S. citizens may remain in Guatemala for up to 90 days without a visa, and may apply for an additional 90 days to Guatemala immigration, or a duplicate of whatever length of stay was initially granted. Minors may visit Guatemala without special parental permission as long as they have a valid passport.

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How do I become a permanent resident of Guatemala?

To apply for the 90-day residence permit at Guatemalan Immigration, the applicant must provide:

  1. Two recent photographs.
  2. A valid passport.
  3. A letter of sponsorship from a Guatemalan sponsor.
  4. Evidence of the financial resources of both the applicant and sponsor.

What is the average cost of a home in Guatemala?

residential property is priced from US$150,000. On the other hand, two-bedroom houses can be bought at US$250,000. Of the 5,600 housing projects currently available in the market, 2,000 units belong to the high-end market, according to the Guatemalan Chamber of Construction.

How bad is life in Guatemala?

Guatemala suffers from a serious housing crisis. More than half of citizens have inadequate housing and land rights remain an issue, with around 1 percent of the population owning 60 percent of the land. Many families live in homes with dirt floors with parasites which cause different illnesses.

Is it safe to live in Guatemala?

Guatemala has one of the highest rates of violent crime in Latin America and a lot of petty theft/scams to go with it. There’s always the potential for political trouble as well. Guatemala is also still a developing country. With a fractious history, much of the nation suffers from poverty and unemployment.

Does Guatemala allow dual citizenship?

Guatemala has an agreement with Spain whereby nationals of either country can establish birthright nationality by establishing their residence in either country. Dual nationality is accepted as long as it does not invoke another sovereignty over that of Guatemala.

Is Guatemala good for expats?

Community and Culture

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One of the biggest reasons many expats relocate to Guatemala is the people. After a visit there many, including myself, feel so welcome that they decide to make their stay more permanent. … The expat community is also very welcoming and diverse.

What is the cost of living in Guatemala?

Summary about cost of living in Guatemala City, Guatemala: Family of four estimated monthly costs are 2,129$ (16,448Q) without rent. A single person estimated monthly costs are 599$ (4,627Q) without rent. Guatemala City is 56.34% less expensive than New York (without rent).