Property

Peru — Property: Foreign Ownership

Peru has a complex and restrictive regime for foreign property ownership. While it is technically possible for foreigners to acquire property, there are several requirements and limitations, notably through a trust (fideicomiso) or a corporation.

VerifiedPrivate source: Expat Focus — not a government sourceHow To Rent Or Buy Property In PeruLast reviewed: 2026-11-05

Why this matters

Foreign property ownership can be a key consideration for expats and international investors in Peru.

Key facts

  • Foreigners can acquire real estate in Peru, but only through a trust (fideicomiso) or a corporation.

Steps

  1. Obtain Peruvian government permission — Foreigners must apply for permission from the Peruvian government to acquire property in certain sectors or regions.
  2. Establish a trust or corporation — Foreigners must establish a trust or corporation to acquire and hold property in Peru, either directly or indirectly.
  3. Undergo due diligence and inspection — The Peruvian government may conduct due diligence and inspections to verify the foreign owner's identity and compliance with regulations.

Costs

  • Registration fee for property: 0.81% of the property value

Timelines

  • Registration process: varies

Required documents

  • Valid passport or identification document
  • Proof of income or financial resources
  • Proof of business or employment status (if applicable)

Common mistakes

  • Failure to comply with regulations and requirements for foreign ownership
  • Inadequate due diligence and inspection
  • Insufficient knowledge of local laws and regulations

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