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THE 10 BEST PLACES TO RETIRE IN 2025

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    Guatemala Facts And Figures

    Facts About Guatemala

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        Lake Atitlan, Guatemala
        Alamy/Al Argueta

        Facts About Guatemala

        Kathleen

        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

        Where To Retire At Any Age - And Guarentee Yourself A Richer Liefstyle
        Cover for Kathleen Peddicord's book At Home Abroad
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        Sept. 17-19, 2025
        Valencia, Spain

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          Population 18,406,359 (2024 est.)
          Gross Domestic Product (GDP) $105.62 billion (2024 est.)
          GDP Per Capita $4,757 (2024 est.)
          Inflation Rate 3.07% (2024 est.)
          Currency Quetzal
          Exchange Rate Versus U.S. Dollar 7.73 quetzales (GTQ) to 1 US dollar
          Language Spanish (official) 60%, Amerindian languages 40% note note: there are 23 officially recognized Amerindian languages, including Quiche, Cakchiquel, Kekchi, Mam, Garifuna, and Xinca
          Capital Guatemala City
          Population of Capital City 3.160 million (2024)
          Time Zone GMT -6 hours
          Seasons Summer (march-april) and Rainy season (may-oct), Winter (Nov-feb), The weather in Guatemala City is also very windy; this may decrease the apparent temperature even more. Hottest month is April.
          International Dialing Code 502
          Electricity 110/220 V
          System of Government constitutional democratic republic
          Name and Party Affiliation of Current Leader President Bernardo Arévalo (Since January 2024)
          Income Tax Rate for Residents 15%-31%
          Property Tax Progressive rates up to 0.9%
          Capital Gains Tax Capital gains earned by nonresidents are subject to a flat 31%
          Inheritance Tax Inheritance and gift taxes are levied at progressive rates, from 1% to 25%.
          Rental Income Tax Rental income earned by nonresidents is taxed at 25%. Taxable income is computed by deducting income-generating expenses from the gross rent.
          Transfer Tax 12% (IVA) of the value of the property
          Sales Tax 12%
          Restrictions on Foreign Ownership of Property No
          Local Chamber of Commerce Guatemala’s Chamber of Commerce
          American Chamber of Commerce Amcham Guatemala
          Primary Exports coffee, sugar, petroleum, apparel, bananas, fruits and vegetables, cardamom
          Residency and Visa Requirements Not all foreigners need visas to enter the country North American and European citizens need only their valid passport, and will be granted 90 days permission in the country.
          Special Benefits for Foreign Residents or Retirees Retirement program
          National Airline Avianca
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          Did You Know These Facts About Guatemala?

          The name ‘Guatemala’ comes from a word which means ‘a place of many trees’.

          As well as Spanish, there are over 20 other Mayan languages spoken in Guatemala.

          The Quetzal is also the name of the national bird of Guatemala. In Mayan times the feathers of the Quetzal were used as currency.

          Both blue Denim and the chocolate bar were both invented in Guatemala.

          Motagua River is the longest river in Guatemala.

          Lake Atitlan is the deepest lake in Guatemala and also in Central America. Its depth goes to 340 meters.

          Guatemala has 37 volcanos and 3 of them are currently active. The tallest is Tajumulco Volcano which is the highest point in Central America. It is 4203 meters above sea level.

          Guatemala has been continuously inhabited for over 20,000 years making it one of the longest continuously-inhabited regions in the world.

          Another interesting fact about Guatemala is that the country is famous for its jade, and produces more jade than any other country in the world.

          Firing guns into the sky to celebrate Christmas is a Guatemalan tradition. Sadly, the falling bullets kill people every year.

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          Kathleen

          Reviewed By Kathleen Peddicord

          Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

          Where To Retire At Any Age - And Guarentee Yourself A Richer Liefstyle
          Cover for Kathleen Peddicord's book At Home Abroad
          Plus, Revealed Inside Your Free Book: 12 Top Places Where You Can Live The Good Life From As Little As $1000 A Month…
          Revealed Inside Your Free Book:
          THE SECRET THAT WILL SAVE YOUR FINANCIAL FUTURE
          FREE BOOK COWBOY MILLONAIRE THE NEW AMERICAN PIONEER

          Experience The World’s #1 Retirement Haven

          Sept. 17-19, 2025
          Valencia, Spain

          Start Your New Overseas Life Today

          A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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            Guatemala Facts And Figures- FAQs

            Be The First To Ask About Guatemala Facts And Figures

            Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

            Portugal is known for Fado music and also for being the largest cork producer in the world.

            Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

            Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

            More Resources From Guatemala

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