{"id":36948,"date":"2017-08-22T01:45:24","date_gmt":"2017-08-22T05:45:24","guid":{"rendered":"https:\/\/www.escapeartist.com\/?p=36948"},"modified":"2020-08-04T04:42:25","modified_gmt":"2020-08-04T08:42:25","slug":"investment-options-in-peru","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/investment-options-in-peru\/","title":{"rendered":"Investment Options in Peru"},"content":{"rendered":"

Diversifying your portfolio is always a smart way to maximize both your returns and security of your investments. Diversifying on a global scale, tapping into international markets, widens your scope of investment and grants you access to a limitless well of financial opportunity. Some countries, in particular, offer certain perks and benefits for foreign investors as a way to bring in outside funding to boost their national economy. <\/span>Investing in Peru<\/b> is one of these such cases, where sizable investments (whether into real estate or business formation) can provide residency benefits, while the country\u2019s affordability can mean great returns on real estate. <\/span><\/p>\n

Peru Investment Visa<\/h2>\n

The Peruvian investment visa is the first step in making a financial imprint abroad in the country. The main requirement of this visa is that an investor must develop, start a business, or purchase property in the value of $154,000 USD. This legislation changes often, so always keep up-to-date with the current policy. <\/span><\/p>\n

If starting a business as your investment into Peru, the specific investment in question must be made directly from a bank account in the name of the investor in a single-sum bank transfer, at a minimum of $30,000 USD. A business plan must be approved by a Peruvian economist, and the investor must employ a minimum of five Peruvian citizens within the first year of business. <\/span><\/p>\n

The investment visa is valid for one year and can be renewed continuously, so long as all requirements are still being met. One important note to point out, this visa grants legal residency but requires the holder be present in the country for 183 days of the calendar year, and it does not allow the investor to work directly in Peru – only serving purely as an investor.<\/span><\/p>\n

Natural Resources<\/h2>\n

With the abundance of valuable natural resources in the country, trading and exportation are huge markets for investment in Peru. There has been an average annual growth of 5.5% in the export of goods and services since 2000 – this is largely due to Peru\u2019s very favorable international trade conditions. <\/span><\/p>\n

The most abundant and prosperous natural resources in Peru are gold, copper, silver, timber, petroleum, coal, iron ore, fish, and natural gas.<\/span><\/p>\n

Peru Real Estate Market<\/h2>\n

Operating as a U.S., Canadian, or European investor in Peru can be very fortuitous because of the low cost of living in the country and the favorable exchange rate. At present, $1 USD equals 3.24 PEN (nuevo sol). <\/span><\/p>\n

In the Lima Peru real estate market<\/a>, Peru\u2019s most expensive city, city-center apartments can be purchased for around $2,100 per square meter. Just outside of the center, this number drops to an average of $1,300 per square meter. You just have ot make sure you have a qualified Lima Peru real estate broker<\/a> to guide you through the process of buying real estate in Peru<\/a>. Similarly, in the city center, you can expect rented one-bedroom apartments to go for around $550 USD a month (3-bedroom for $970) or $365 outside of the city center (3-bedroom for $652). The average annual net salary in Lima is around $6,300 USD.<\/span><\/p>\n

Is your new home or condominium plumbed with hot water?<\/span><\/p>\n