{"type":"data","nodes":[null,{"type":"data","data":[{"market":1},{"schema_version":2,"document_type":3,"last_updated":4,"language":5,"country_code":6,"country":7,"slug":8,"region":9,"status":10,"live_on_site":11,"confidence":12,"section_order":13,"seo":27,"hero":30,"summary":36,"scorecard":44,"quick_facts":74,"strategy_fit":91,"development_reality":105,"foreign_ownership":124,"priority_cities":128,"catalysts":156,"risks":160,"lifestyle_base":165,"cta":171,"source_registry":176,"tags":202,"priority_rank":206,"group_id":207,"group_label":9,"launch_recommended":208,"status_summary":209},"1.0.0","market-intelligence-country","2026-03-29","en-GB","HN","Honduras","honduras","Latin America & Caribbean","watch-active",true,"medium",[14,15,16,17,18,19,20,21,22,23,24,25,26],"hero","verdict","scoreboard","quick_facts","strategy_fit","development_reality","foreign_ownership","priority_cities","catalysts","risks","lifestyle_base","cta","sources",{"title":28,"description":29},"Honduras Market Intelligence | Perfect Mission","Honduras has selective tourism and coastal upside, but security and property restrictions make it a high-friction market for foreign-led development.",{"eyebrow":31,"title":32,"subtitle":33,"cta_primary":34,"cta_secondary":35},"Market Intelligence","Honduras: selective upside, heavy friction","Potential exists in controlled tourism zones — but this is not a market to approach casually.","Request a verified market memo","Request a market briefing",{"one_line_verdict":37,"market_stage":38,"operator_angle":41,"investor_angle":42,"base_case":43},"Honduras may offer pockets of coastal upside, but the combination of security risk and property restrictions makes it a poor default platform market.",{"label":39,"description":40},"Early / high-friction","The market is early enough to look tempting, especially on islands and coasts, but that earlyness comes wrapped in legal and operational constraints.","Works only with strong local control, clear tourism-zone structuring, and strict safety discipline.","A hard sell to conservative capital unless the opportunity is unusually de-risked and small.","Keep Honduras as a highly selective, tourism-zone watch market rather than a current priority deployment geography.",[45,49,53,57,61,65,68,71],{"key":46,"label":47,"score":48},"rerating_potential","Rerating potential",6,{"key":50,"label":51,"score":52},"development_viability","Development viability",5.5,{"key":54,"label":55,"score":56},"baseability","Base quality",4.5,{"key":58,"label":59,"score":60},"foreign_capital_friendliness","Foreign-capital friendliness",5,{"key":62,"label":63,"score":64},"exit_liquidity","Exit liquidity",4,{"key":66,"label":67,"score":60},"tax_efficiency","Tax efficiency",{"key":69,"label":70,"score":52},"livability","Livability",{"key":72,"label":73,"score":60},"overall_fit","Overall fit for Perfect Mission",[75,79,83,87],{"label":76,"value":77,"source_ref":78},"Headline corporate tax","25% on net taxable income, with additional surcharge mechanics in some cases","hn_pwc_tax",{"label":80,"value":81,"source_ref":82},"Foreign property rule","Foreigners can buy property near shorelines in designated tourism zones, subject to specific limits and approvals","hn_state_custom",{"label":84,"value":85,"source_ref":86},"Safety signal","U.S. State Department maintains a Level 3 ‘Reconsider Travel’ advisory, with some areas listed as ‘Do not travel’","hn_travel",{"label":88,"value":89,"source_ref":90},"Tourism signal","UN Tourism reports 2.8 million international visitors in 2024, up 17.8% YoY","hn_untourism",[92,95,99,102],{"strategy":93,"fit":12,"why":94},"Tourism-zone hospitality","Possible only where legal structure and security are fully understood.",{"strategy":96,"fit":97,"why":98},"General foreign land acquisition","weak","Restrictions and local complexity make this a poor default approach.",{"strategy":100,"fit":12,"why":101},"Lifestyle-resort projects in controlled zones","Can work in narrow conditions.",{"strategy":103,"fit":97,"why":104},"Broad development platform","Too much operating friction for a default build-out market.",{"headline":106,"copy":107,"permit_friction":108,"title_reliability":109,"utilities":110,"best_entries":111,"avoid_first":114,"process_notes":118,"source_refs":122},"Possible, but not casual","Honduras is the kind of market where an operator can talk themselves into upside because the map looks cheap. The governing reality is that coastal and tourism-zone rules, safety, and local execution quality dominate the outcome.","medium-high","medium-low","location specific",[112,113],"tightly scoped tourism-zone projects","small destination-led product",[115,116,117],"casual coastal land buying","security-blind sourcing","assuming islands are straightforward because foreigners are present",[119,120,121],"Legal access changes by zone and property type.","Security is part of underwriting, not a side issue.","This is not a broad-market rollout candidate.",[123,82,86,90],"hn_state_ics",{"summary":125,"caution":126,"source_refs":127},"Foreign property rights exist, but important geographic restrictions apply, especially near coasts and borders.","Any coastal or island project should be treated as a specialised legal exercise, not a routine transaction.",[82,123],[129,139,147],{"city":130,"role":131,"thesis":132,"good_for":133,"watchouts":136},"Roatán / Bay Islands","primary foreign-buyer tourism zone","The obvious area to investigate, but also the easiest place to underestimate legal and security nuance.",[134,135],"small hospitality","destination residential",[137,138],"coastal restrictions","title complexity",{"city":140,"role":141,"thesis":142,"good_for":143,"watchouts":145},"Tela","northern coast tourism market","Interesting only with local execution and hard legal structuring.",[144],"tourism-linked product",[146],"security and access",{"city":148,"role":149,"thesis":150,"good_for":151,"watchouts":154},"San Pedro Sula / Tegucigalpa","urban support markets","Better for local-economy understanding than for an international lifestyle pitch.",[152,153],"support functions","local-demand product",[155],"weaker foreign-buyer narrative",[157,158,159],"Tourism recovery is real.","There are specific tourism-zone opportunities that can attract foreign attention.","The country remains less crowded by international real-estate capital than many peers.",[161,162,163,164],"Security risk is material.","Foreign ownership constraints and tourism-zone rules complicate underwriting.","Weak local execution can destroy value quickly.","This is not a low-friction market for remote operators.",{"rating":166,"copy":167,"connectivity":168,"climate":169,"home_office_fit":170},"weak-medium","Possible for a niche operator with deep local ties; weak for a default international base.","Destination dependent.","Hot tropical climate.","Not the main question; operating risk dominates.",{"headline":172,"body":173,"primary":174,"secondary":175},"Need the verified version?","Request a country memo or submit a specific site, listing, plot, or market thesis for verification.","Request this country brief","Submit a market thesis",[177,183,189,193,197],{"id":78,"title":178,"url":179,"publisher":180,"type":181,"why_it_matters":182,"retrieved":4},"Honduras - Corporate - Taxes on corporate income","https://taxsummaries.pwc.com/honduras/corporate/taxes-on-corporate-income","PwC Worldwide Tax Summaries","tax","Current headline corporate tax rate.",{"id":123,"title":184,"url":185,"publisher":186,"type":187,"why_it_matters":188,"retrieved":4},"2025 Investment Climate Statements: Honduras","https://www.state.gov/reports/2025-investment-climate-statements/honduras","U.S. Department of State","official","Current investment climate and foreign property limitations near shorelines / tourism zones.",{"id":82,"title":190,"url":191,"publisher":186,"type":187,"why_it_matters":192,"retrieved":4},"Investment Climate Statements: custom report excerpt on Honduras property limits","https://2021-2025.state.gov/report/custom/f4f14fc28f/","Accessible excerpt on the 3,000 m² / tourism-zone property rule.",{"id":86,"title":194,"url":195,"publisher":186,"type":187,"why_it_matters":196,"retrieved":4},"Honduras International Travel Information","https://travel.state.gov/content/travel/en/international-travel/International-Travel-Country-Information-Pages/Honduras.html","Current safety/travel advisory context.",{"id":90,"title":198,"url":199,"publisher":200,"type":187,"why_it_matters":201,"retrieved":4},"Tourism Doing Business Investing in Honduras","https://www.untourism.int/investment/tourism-doing-business-investing-in-honduras","UN Tourism","Tourism recovery and destination-investment profile.",[203,204,205],"High friction","Tourism zones","Security risk",14,"latam-caribbean",false,"Keep live only if explicitly framed as high-friction or selective."],"uses":{"params":["slug"]}}]}
