Purchasing Land in Costa Rica

Real Estate Industry in Costa Rica is still an affordable and highly profitable investment. Not to mention the fact that it also happens to be a wonderful place to relocate or to retire at.

Fortunately, Costa Rica does not suffer any political or commercial instability, like most of the other countries of Latin America, which gives the country a competitive edge and continue to attract investors from all over the globe.

Super low costs on energy, water and communications in Costa Rica are big incentives for folks who are looking to relocate on a friendlier and more laid back atmosphere. Low prices on property insurance in Costa Rica are also a plus compared to countries like United States, Canada and others. Paying only 0.25% on property taxes per year in Costa Rica doesn’t hurt either. It really is a gift! Costa Rica, pura vida!

As a foreigner you are able to purchase property in Costa Rica, the best way to do it is by setting up a Costa Rican Corporation with all the shares under your name and then buying the property with the new corporation, it’s a simple but very important procedure that will keep your closing costs very low. Property deed is issued by Costa Rica’s National Property Registry and it guarantees your full possession rights over the property. As safe as it gets!

Here at Lomas de Santa Rosa (Tamarindo, Costa Rica) we will be happy to answer any question you may have regarding your investment in Costa Rica.  Our vast knowledge of the market will allow us to recommend qualified law firms and contractors from Costa Rica. Just let us know what your information needs are, and we will point you on the right direction.

Thinking of purchasing land in Costa Rica? Contact us, we can help you!