Frequently asked questions
Here you will find some of our client's most common questions.
1. ¿If a foreigner enters Peru as a tourist, is he able to invest, study, work or do any other activity besides tourism?
Yes, but after applying for the correct residence at the Peruvian Immigration Office. Depending on the activity and citizenship, our consultants will recommend the best alternative.
2. ¿Does a foreigner who wants to study, work or do any other activity than tourism apply for a visa before entering Peru?
As a foreigner, it is mandatory to obtain a residence which allows the activity planned to do in Peru. Depending on the citizenship, this can be achieved in Peru or from his home country with a visa. Our company offers the application of every type of residence.
3. ¿Which currencies are accepted in Peru?
The official currency is the Sol (S/). There are 10, 20, 50, 100 y 200 Soles bills.
Nevertheless, the use of American Dollar (USD) is legal and very common. Most of the rents are in USD. Many supermarkets, restaurants and gas stations accept USD (usually only 20 and 50 bills).
The exchange rate for USD to SOL has been around 3.2 and 3.3 SOL per USD the last year.
There are exchange services in every part of the city where you can change multiple currencies. The most common are USD and EUR. In Peru, there are also people doing currency exchange called “cambistas”. They are usually in front of bank agencies with a west with the USD and EUR symbol on it.
4. ¿What are the transportation options in Lima?
Lima is Peru's capital. It has a population of around 10 million people which is about a third of Peru's 33 million population. Due to its size, there is a lot of traffic between 7:30 AM and 8:30 AM, and between 6:00 PM and 8:00 PM.
The transportation options are the private car, taxi, bus, combis (small buses or vans) and the metropolitano (a bus with its own lane).
If you are visiting Lima for the first time we recommend the use of taxis with mobile applications like Uber or Easy Taxi. Itñs the safest way to do it and you avoid possible overcharge for being a foreigner. These apps are free to use, the only thing needed is an internet connection.
5. ¿What districts of Lima are the best suited for foreigners?
In our experience, our clients prefer districts like San Isidro, Miraflores, San Borja, Barranco and Magdalena del Mar.
In this areas, there are the financial centers and the most recognized restaurants. They offer secure residential areas and plenty of entertainment options.
In this districts, the price for a 2 or 3 bedroom apartment (between 70 and 100 square meters) is between 700 and 1.000 USD a month.
Also known as the 7 color mountain