Question 1

Which countries does Growth Estate operate in?

Accepted Answer

Growth Estate operates with a dedicated strategy and page in eight countries: Mexico, the Dominican Republic, Colombia, Panama, Guatemala, Honduras, Costa Rica and Spain. The operation is based in Punta Cana, Dominican Republic, and additionally serves Argentina, Peru, Chile, Ecuador and the U.S. Hispanic market. Mexico and the Dominican Republic have city-specific pages because those are the markets where differences between individual cities are sharpest.

Question 2

Which Latin American country is best for real estate investment?

Accepted Answer

There is no single answer, because these markets do not compete for the same buyer. Panama removes currency risk by using the U.S. dollar as legal tender; the Dominican Republic offers the region's most aggressive tax exemption through CONFOTUR; Mexico has the deepest market but requires a bank trust on the coast; Costa Rica and Spain serve retirement and luxury buyers under very different legal frameworks. The decision depends on which buyer profile a project wants to capture, not on a ranking.

Question 3

In which countries can a foreigner buy property without restrictions?

Accepted Answer

The Dominican Republic, Colombia and Spain allow foreigners to acquire fee-simple title in their own name with no nationality restriction. Panama allows it across most of the country, with exceptions in border areas and coastal land under concession. Mexico requires a bank trust inside the restricted zone —50 km from the coast and 100 km from borders. Costa Rica allows it except in the Maritime Terrestrial Zone, and Honduras applies area limits in certain cases.

Question 4

What tax incentives exist for foreign buyers?

Accepted Answer

The most significant in the region is CONFOTUR in the Dominican Republic: tourism projects qualified under Law 158-01 are exempt from real estate transfer tax and from the annual property tax for fifteen years. Panama and Costa Rica offer residency routes tied to investment. Spain removed its Golden Visa in April 2025. Mexico, Guatemala and Honduras have no specific tax incentive aimed at foreign buyers.

Question 5

What does a qualified real estate lead cost in these markets?

Accepted Answer

The reference range in well-optimised Meta Ads and Google Ads campaigns is US$5–US$15 per gross lead and US$35–US$60 per qualified lead, with verified budget, intent and purchase timeline. The difference is produced by the filter, not the ad spend: in remote-purchase markets like the Dominican Republic or the Riviera Maya, an unqualified lead consumes far more sales-team time than it would in a local market.

Question 6

Do you work with developers or individual agents?

Accepted Answer

Both, plus real estate companies and agencies. All three profiles run the same Estate Funnel system —strategy, attraction, qualification, follow-up and conversion— but differ in ad volume and automation depth. The foreign or investor end buyer is who we help capture, not the client we provide the service to.

Country	Foreign ownership	Key incentive or change	Currency	Main portal	Dominant buyer
Mexico	Unrestricted inland; coast and border require a bank trust (fideicomiso)	No specific tax incentive for foreign buyers	Peso (MXN)	Inmuebles24, Lamudi	Domestic vertical presale + foreign coastal buyers
Dominican Republic	No restriction: fee simple in your own name	CONFOTUR (Law 158-01): transfer and property tax exemption for 15 years	Peso (DOP), real estate in USD	Supercasas, Encuentra24	U.S., Canada, Europe and the Dominican diaspora
Colombia	No restriction: fee simple in your own name	Subsidies apply only to the VIS social-housing segment	Peso (COP)	Metrocuadrado, Fincaraíz	Domestic off-plan presale + diaspora
Panama	Fee simple across most of the country; concession on certain coasts	Residency by investment and zero currency risk	U.S. dollar (legal tender)	Encuentra24	Expatriates, international retirees and corporate
Guatemala	No general nationality restriction	No specific tax incentive; Antigua under heritage building limits	Quetzal (GTQ)	Encuentra24	Upper-middle-income locals + U.S. diaspora
Honduras	Barred by Art. 107 within 40 km of coasts and borders and on islands; exceptions for urban property (Decree 90-90) and approved tourism projects	No specific tax incentive for foreign buyers	Lempira (HNL), Roatán in USD	Encuentra24	Local on the mainland + U.S. and Canada in Roatán
Costa Rica	Fee simple except the Maritime Terrestrial Zone (200 m), held by concession	Residency by investment with a regulated threshold	Colón (CRC), real estate in USD	Encuentra24	U.S. and Canada: retirement and second homes
Spain	No restriction: fee simple in your own name	Golden Visa REPEALED as of 3 April 2025 (Organic Law 1/2025)	Euro (EUR)	Idealista, Fotocasa	UK, Germany, Netherlands, Nordics and the U.S.

Markets we operate in

Which countries across LATAM, Central America and Spain run AI real estate marketing?

All eight markets, side by side

Eight countries, each with its own strategy

Mexico

Dominican Republic

Colombia

Panama

Guatemala

Honduras

Costa Rica

Spain

What people ask before investing in these markets

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