Tag: Attorney

Top 9 Mistakes to Avoid when Buying Land in Costa Rica

Top 9 Mistakes to Avoid when Buying Land in Costa Rica

Estimated Reading Time: 8 Minutes The lack of knowledge and the excitement of buying land you fell in love with are common reasons for rushing into a purchase and making costly or fatal mistakes. Buying land is pretty simple for those who do it all the time. But even experienced buyers from other latitudes should…

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8 Real estate contingencies to consider in your purchase offer

How many times do you purchase a property in a lifetime? Not very often, right? You wouldn’t know which real estate contingencies you should consider when making your offer. Unless you are a Costa Rica real estate investor. Even when you have bought and sold real estate in other countries, you’ll find that everything functions…

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Power of attorney to your property manager in Costa Rica – should you?

Estimated Reading Time: 6 Minutes Do you own a vacation rental? Have you thought about giving power of attorney to your property manager? When you invest in a vacation rental or any other rental property in Costa Rica and you hire a local property manager to care of your investment, there are a few things…

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How to change Costa Rica utilities hassle free

When you purchase or rent Costa Rica real estate, you might inherit Costa Rica utilities such as a water and power meter from someone who isn’t even alive anymore. Costa Ricans, when they purchase a property, they will leave the utility services like power and water in the former owner’s name (or several owners ago). The power…

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Why use a corporation to purchase real estate in Costa Rica?

To use a corporation to purchase real estate in Costa Rica is a pretty common way. The purchase transaction usually goes through a shelf corporation or newly constituted one, called an S.A. For many years, attorneys recommended foreigners to use a corporation to purchase real estate for several reasons. Those clients took the recommendation so…

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