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Ownership Issues

Ownership Issues in Argentina

There are no restrictions on foreign ownership of real estate. The Argentine constitution grants foreigners the same rights to work, conduct business, buy, own, and sell property as it does to Argentine nationals.

Most property in Argentina is titled, and the country has a sophisticated land registry, through which you can easily trace the ownership of property. Nevertheless, we recommend that you take out title insurance for any property purchase in Argentina.

Title insurance ensures that your new property will indeed belong to you, and that you are protected against future claims on the property related to past matters. It generally costs 0.5% of the purchase price, or a minimum fee ($1,000). You can purchase title insurance after a property is in your name, but we recommend you contact a title insurance company before you buy your home or land. International Living recommends First American Title Insurance Co. For more information on title insurance, contact Turalu “Tuey” Brady Murdock.

 

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