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        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
        • Portugal
        • Panama
        • Belize
        • Colombia
        • Cyprus
        • Mexico
        • France
        • Montenegro
        • Browse All Countries

        Best For:

        • The Best Places To Retire
        • Health Care Abroad
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        • Gun Laws In The World
        • English-Speaking Countries
        • Safest Places For Retirement
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      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
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          Squatter’s Rights And Adverse Possession In Latin America

          by Live And Invest Overseas
          Mar 15, 2013
          in Mailbag
          0 0
          Squatting not only appears in Latin America, but the Europe as well.

          Squatters’ Rights And Adverse Possession In Mexico

          “Kathleen, I’m writing in response to your post on squatters and adverse possession from Rachel A.

          “I live in Mexico, and this does happen here. If there is a squatter present on a property you want to buy, write a clause into your offer and make it a pre-condition of your putting down a deposit or buying the property that there is no adverse possession issue. You can just talk with the owner making it clear that there will be no purchase if there is a squatter issue. This works particularly well if the owner is Mexican and can go through the somewhat long process of getting the authorities to evict the squatter. Or use a Mexican lawyer/real estate agent to come to a ’solution’ (payment) to get rid of the problem before you buy.

          “Especially for part-time residents, caretakers can be a slippery issue. They are good for towns with casual theft issues, securing your property during bad weather and getting it ready for your arrival (cleaning, maintenance, gardening, pool). A property management company or a caretaker that is from a real estate or other company (this is rare outside big cities) is ideal. Another good solution is a neighbor’s live-in caretaker who you pay to look in on your property also.

          “Having your own caretaker can be a headache because of local labor laws that favor the worker rather than employer. This can make it difficult to fire a non-performing caretaker, one that refuses to retire when no longer capable of heavy work, etc. In Mexico, you are also liable for social security and many other payments if the caretaker is employed by you for more than a few months.

          “Squatters are not going to be a big problem unless you buy a piece of property and leave it untended for a very long period. Having a neighbor or expat friend dropping by, a house-sitter, or hiring someone to make sure everything is OK with your property is not difficult. It also avoids any headache from a squatter or from a neighbor encroaching on your access/view/fence line.

          “In Mexico, squatters are a minor possibility and nothing to keep you from buying a property here. But it is worth the minor expense to have someone looking in on your property to ensure your dream home is in top condition and ready for you when you come.”

          –Kelly S., Mexico

          ***

          Squatters’ Rights And Adverse Possession In Panama And Costa Rica

          “I have been told that there are several countries, including Panama, where squatters can gain rights to your property if you leave even for a short time. Can you tell me if this is true? My husband and I are very interested in living part-time outside the United States but have these concerns.”

          — Robyn C., United States

          Resident global real estate investing expert Lief Simon replies:

          “The only place I know where squatters gain rights in a very short time is Costa Rica, where someone can gain minimal rights after as little as 30 days on the land. Other countries, including the United States, have adverse possession laws, whereby rights accrue over many years, typically 10 to 15. The rules vary country to country. You should clarify them for the country where you’re buying with the attorney helping you through the purchase process.

          “Generally, adverse possession occurs with vacant land effectively abandoned by the owner. Someone comes along and builds a house or starts farming the property. This isn’t as much of an issue for a house on a small lot or an apartment. If you invest in a vacant piece of land, however, where you aren’t living full-time yourself, you should engage a caretaker, someone who is physically present year-round. This can cost very little (maybe US$200 or US$300 per month, plus a small caretaker’s house where he can live). Indeed, it’s a good idea to have someone looking after your house or apartment for you, as well, whenever you can’t be there yourself.”

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                We Value Your Privacy! We will not share your email address with anyone else, period.
                HOME

                Top Countries

                • Spain
                • Portugal
                • Panama
                • Belize
                • Colombia
                • Cyprus
                • Mexico
                • France
                • Montenegro

                Best For:

                • Health Care Abroad
                • Retirement Living
                • Cost Of Living
                • Investing in Real Estate
                • Establishing Residency
                • Gun Ownership
                • English Speakers
                • Safety
                BROWSE ALL COUNTRIES

                Budgets

                How Much Will It Cost
                To Live Overseas?

                Super Cheap

                • Chitré, Panama
                • Santa Marta, Colombia
                • Phuket, Thailand
                • Dumaguete, The Philippines

                Cheap

                • Medellin, Colombia
                • Boquete, Panama
                • Kyrenia, Cyprus
                • Hua Hin, Thailand
                • The Algarve, Portugal

                Affordable

                • Valencia, Spain
                • Cascais, Portugal
                • Las Terrenas, The DR
                • Pisa, Italy
                • La Rochelle, France
                • Mazatlán, Mexico

                Luxury

                • Ambergris Caye, Belize
                • Kotor, Montenegro
                • The Panama City Beaches
                • Paris, France

                Resources

                Global Living

                • Living & Retiring Overseas
                • Raising A Family Abroad
                • Foreign Residency & Citizenship
                • Offshore & Diversification

                Making Money

                • International Real Estate
                • Banking
                • Employment
                • Investing
                Meet Our Experts

                Real Estate

                Overseas Property Alert 

                 

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                Reach us with your questions by email at: events@liveandinvestoverseas.com

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