Recording of the testimonio at the RGP
2–4 weeks
Market practice (commercial guide)Living in GuatemalaEvery sale of real estate requires a public deed before a Guatemalan notary, who drafts it, attests to it, settles the taxes and files the testimonio with the RGP (Conservis Abogados). The sequence for a foreign buyer, per a commercial guide consistent with Conservis: 1) obtain a NIT from SAT with a passport; 2) due diligence with an RGP registry certificate, municipal IUSI clearance and a land-use certificate; 3) promise to sell with a deposit of 5–10%; 4) public deed; 5) payment of taxes; 6) recording of the testimonio at the RGP (2–4 weeks); 7) notarial notices to the municipality and to DICABI. Buying from abroad requires a power of attorney in public deed form, apostilled and protocolized in Guatemala. The timelines are market practice, not law.
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- Deposit on the promise to sell5–10%Market practice (commercial guide)Living in Guatemala
