PURCHASING TITLED PROPERTY (with an escritura) Buying property in Costa Rica is a safe and simple procedure if you follow some simple guidelines. I say safe because Costa Rica is a long established democracy that affords foreigners all of the same land ownership guarantees by constitution as it does … [Read more...]

Information you need to know about how to set up a Costa Rican bank account including documents you must provide. 1. Costa Rica has Government Owned Banks and Private Banks, government banks are bonded by the Government and more cumbersome to work with, private banks are not insured and more … [Read more...]

Please remember that next Monday, April 30th is the last day you can pay your corporate tax without being charged a fine by the Costa Rican government. If you are going to dissolve your corporation, you do not need to pay the tax now, but the corporation would then need to be dissolved by July 1st, … [Read more...]

  The National Registry (Registro Nacional) has started collecting the new corporate tax starting this month.   The tax can be paid at the National Registry or any Bank of Costa Rica (BCR). In order to pay the tax, you only need to have the corporation cedula number. With that … [Read more...]

1.  Costa Rica is a true eco-paradise bordered by two oceans (Pacific and Caribbean) and is a hurricane free zone.  Its terrific beaches, great people, ideal climate, breath-taking nature including volcanoes, tropical rain forest, fauna and flora makes it a true paradise…PURE LIFE 2.  According to … [Read more...]

In the latest days of December a new tax applicable to legal entities such as corporations (S.A.) and Limited Liability Companies (S.R.L. or LLC) as well as to any Branch of International Companies or its representative has been approved by the Costa Rican government.  Tax amount:According to this … [Read more...]

I).Municipal Real Estate Taxes: The "Tax"is due to the county  where the real estate property is located, on a yearly basis and payable as of 1st of January of every year at the local Municipality. The Municipality Real Estate Tax department collects the Tax in arrears in one, two or four payments. … [Read more...]

http://vimeo.com/8573577 … [Read more...]

Financing in Costa Rica for Non Resident Real Estate Purchasers Lending Options Banks are divided in two categories: Government Owned and Private. Government owned banks historically have been more cumbersome to deal with and have more red tape and compliance procedures. Private banks have been more … [Read more...]

Information about leasing beach front property in Costa Rica. Since 1978 all beaches are public land, with very few exceptions.  Read about the restrictions and regulations governing Costa Rica's Maritime Zone Maritime Terrestrial Zone Concession Proceedings 1- Concession rights of occupation are … [Read more...]

Costa Rica real estate closing costs and information you must provide.   Closing Costs USD500 Property Purchase and Sale Contract, to prepare the Agreement prior to Closing with the Relevant Transaction Terms: parties' identification, property description, purchase price, means of payment … [Read more...]

It is possible to roll over funds held in an IRA or 401k, to a regulated Custodian with self -directed IRAs accounts. This money can then be used to finance property in Costa Rica. To do this the Beneficiary must contact both custodians, request information about the roll over and follow their … [Read more...]