You might not even know you have Costa Rican corporation problems, especially if your corporation owns property in Costa Rica. Or if you own a corporation and are not a citizen or resident. Above all, you don’t want to lose your assets in CostaRica because you are not up to date with your legal obligations, don’t…
Why not look for a fire sale property when you’re buying! If you don’t look for that fire sale property, you’ll be missing out on a good deal. How to go at it? Learn all about it here. Every buyer of property in Costa Rica wants to have a bargain. Since a fire sale property…
I started practicing law in Costa Rica in 2003. At the time, incorporating, or not incorporating a company in Costa Rica to hold real property and other assets, was a straight forward decision. Property buyers were Incorporating a Company for basically 3 reasons: 1. Limited liability aspect afforded by the corporate structure. 2. Anonymity afforded…
Caribe Sur real estate is not for everyone. Some people just hate surfing, snorkeling or just lying on the beach and sip piña coladas. It’s all about a lifestyle! Do you know what the Caribe Sur in Costa Rica is? The Caribe Sur is Costa Rica’s Southern Caribbean region. It starts around Cahuita and runs…
What is a real estate purchase option and when is it needed? Who writes up this purchase agreement? What should be in this contract? Is it legally binding? A real estate purchase option is a contract where the seller gives the buyer the exclusive right to purchase a specific piece of property. The contract stipulates…
Do you want to try renting a house as a tourist in Costa Rica? It’s often hard to figure out what’s legal and what not when renting a house as a tourist. There are so many wrong ideas about it. Nathan wasn’t sure about a lot of things, so he decided to email me: Hello,…
No one in the Costa Rica real estate market can take our place when it comes to sharing local knowledge and expertise. That’s why we publish our weekly blogs. It’s embarrassing to see so much wrong information published by many real estate websites because they lack local knowledge. Many years ago, I took on the…
Estimated Reading Time: 4 Minutes Residential real estate developers and builders in Costa Rica make promises quite easily. That’s because promises are easily made, as long as the sale is made, right! A buyer often cannot even start to imagine how difficult those promises are to fulfill. Especially in a buyer’s market, when you will…
Looking for a survey map or plano catastrado of your property? Then you’ve arrived at the right place. I will show you how to get a survey map of your property online. You just need to follow the steps. In exchange for this FREE information, I have a great deal for you: do business with…
Estimated Reading Time: 8 Minutes Is Costa Rica your retirement goal? Are you fed up with the cold weather and the rat race, and can’t wait to get to warm Costa Rica, that tropical retirement paradise you’ve been dreaming about for many years. Or maybe you just moved here and you want to enjoy your…
I really enjoy reading discussions between expats if moving to Panama is a bad idea or not. I enjoyed Ivo’s blog about Bill who could not consider Costa Rica for retirement but prefers moving to Panama instead. I am not sure his neighbor in Vancouver has been to Panama recently, but I go quite often.…
Estimated Reading Time: 6 Minutes Future expats don’t know where to live in Costa Rica before they move here. So often they just send emails to realtors. “I want to live in Costa Rica, send me listings.” You might think otherwise, but it’s not so simple. Sometimes they don’t even realize that Costa Rica is…
Have you ever thought about buying a jungle home in Costa Rica? I bet you have. Where you can hear the howler monkeys calling and the surf breaking when everything is quiet? You will find the best and most incredible jungle homes in the Caribe Sur of Costa Rica. It’s that secret haven where the beach meets…
In this blog, I’d like to attend to a question we receive almost daily: what is the construction cost in Costa Rica? I wish the answer was simple but there are many details involved that will change the building cost of a home. Now, in 2019, construction cost in Costa Rica runs anywhere between $70…
If you are Costa Rican and left Costa Rica several decades ago, you will find adjusting difficult when you return. You probably think that returning home for your retirement is pretty easy. Well, let me assure you it’s not and adjusting is difficult, much more than you’ll expect. Costa Rica, like all other countries, has…
I’d like you to take advantage of the additional ROI you can receive when you buy an investment property before August. “How is that?” you might ask. Well, it has everything to do with the new capital gains tax that the Costa Rican government will start charging as of August 1st, 2019. You can read…