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honduras

Honduras

Passport rank
39
Visa-free countries
133
Residency
Yes
Citizenship
No

Acquisition: 6-9 months

Capital required: US$50,000

Acquisition: -

Capital required: -

About Honduras Citizenship and Residency

There are five commonly used paths to achieving Honduran Residency. Depending on the type of residency you apply for, there are potentially two different Federal Government Agencies involved: Instituto Nacional de Migración and the Secretaría de Gobernación, Justicia y Descentralizacion. Finding a local attorney is mandatory as it’s necessary for them to file your application. All residence types take an average of six to nine months to process in their entirety, but you may enter the country as a tourist and begin your application process while in Honduras.

Getting Honduran Citizenship

Once you have become a Honduran permanent resident, you must wait five years to apply for citizenship. To be eligible, you will need to have spent the majority of your time in the country during those five years.

Just as you need to obtain a good lawyer to get through the Honduran residency process, you will also need one to apply for citizenship.

 

Five commonly used paths to achieving Honduran Residency

1. Rentista – individuals who have a permanent guaranteed monthly income of at least $2,500 from an external/foreign source. This income can be from rental properties, investment dividends, interests, or other sources that are not related to employment.

Requirements:

  • Must have Proof of your income authenticated by a Notary Public and by the Chamber of Notaries of your province of residence.

 

2. Pensionado (Retiree) – available for individuals who have a pension-type income (permanent, from a government or financial institution, or business pension fund) of at least $1,500 a month.

Requirements:

  • Bank reference that will turn the pension or income.
  • Proof of the company or institution from which the pension or income comes.
  • Both documents must be authenticated by a Notary Public and by the Chamber of Notaries of your province of residence.

 

3. Inversionista (Investor)

  • Investment amount at a minimum of fifty thousand dollars of the United States of America ($50,000.00) or it’s equivalent in local currency.
  • You should also have a business plan and a feasibility study.
  • The company has to be a registered Honduran company.
  • You must deposit $5,000 in the Central Bank.

 

Requirements:

1. Project description and amount of investment, which must be at least US $50,000.00.

2. Proof of having transferred a minimum of $25,000.00 into Honduras at the time of application.

3. Present a timeline for the investment.

4. Within sixty days of a favorable resolution authorizing the Residency, present an Investment Plan.

5. Register with the Secretary of Industry and Commerce.

 

4. Kinship/Relative – individuals who are directly related to a Honduran national (parent or child) or to a person married to a Honduran national.

 

5. Permiso de Permanencia de País Como de Empresario de Extranjero – a type of residency via the work permit law which requires the foreigner first to create a Honduran corporation or legal business entity and then applies for residency as the owner of that entity.

 

Benefits Of The Honduras Residency By Investment Program

  • Includes you, your spouse, and any children that are moving with you
  • Can stay in the country longer than 90 days
  • Able to bring all of your household items at once with a duty-free exemption
  • If you have retired residency status, you can ship in a new car and boat every five years

 

Honduras Residency Requirements And Qualifications

  • Your passport is valid for at least one year from the date of your application.
  • Your police record, shows you are in good standing with the law.
  • A health certificate (you may also obtain this certificate in Honduras).
  • One photograph of the applicant, size 6 cm by 6 cm.
  • Documents related to the type of residency considered in the application.
  • Other documents that are to be obtained in Honduras, e.g., migratory records.

 

Steps And Timeline

Below are the steps to obtain a Honduras Residence Permit:

Step 1: Gather the necessary documents
Step 2: fill out the application form for a Honduras residence permit.
Step 3: Submit the necessary documents and pay your application fee at the Immigration Department
Step 4: wait for the Immigration Department to decide on your form.
Step 5: Make your payment of the final fee once approved.

 

Our Services

Privacy World offers its services to anyone, not only looking to obtain residency and/or citizenship processes but our experts figure out legal ways to:

  • Find the best solution for your needs.
  • Identify and deploy a strategy to help you accomplish your goals.
  • Activate our network of people in the country where you need help without having you search for the best solution or lawyer. We only work with licensed people in every country whom we carefully vet and pass our guidelines and principles of privacy we stand for.
  • Focus on cutting through the red tape and to expedite your process.
  • Provide proper communication with you about your case.
    …. and above all: Offer you legal strategies to provide additional layers of privacy for your identity, while obtaining your residency or citizenship!

Privacy World can also help you with incorporating your company in Honduras, assisting in getting you settled in the country and coordinating with you so that this experience will be less of a hassle.

Want Privacy World to handle your case? Have any questions? Contact us!

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FAQ’s

No. The applicant must previously renounce his nationality and indicate his desire to obtain Honduran citizenship before the competent authority.

Where there exists a treaty on dual nationality, the Honduran seeking to obtain foreign nationality shall not lose his Honduran nationality. Likewise, the foreigner shall not be required to renounce his nationality.

Yes.  Dependents can be included.

Foreign residents living on their foreign income, including pensions, are not subject to income taxes; only the income earned in Honduras will be taxed. Business income is taxed on annual profits. If you choose to start up a government-approved tourism business (restaurant, souvenir shop, hotel, etc.), you will pay no income tax on your profits for 20 years.

In Honduras, every national or foreign person has the right to acquire real estate directly or indirectly. The only exceptions and/or limitations refer to properties in the border area or coastal beaches.

No. This program is open to all nationalities.

It takes 5 years before you can apply for citizenship in the country.

A Honduras Visa is valid for a maximum of 90 days.

It is possible to extend your Honduran Visa only one time, while you are still in Honduras. The extended period will not be longer than an additional 30 days. You will need to apply for it in time, before the expiration of your current visa.

Citizens and residents are taxed on income earned from worldwide sources.

Non-residents are taxed only on income from Honduran sources, and the tax on any type of income paid to a non-resident must be withheld by the payer.

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