Legal & Financial

Legal and financial articles for luxury real estate sellers, buyers, and property owners in Costa Rica.

Costa Rica Real Estate Investment Incentives

Costa Rica’s new investment incentives create a more favorable context for real estate investors and visitors interested in establishing residence…
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Luxury home tax in Costa Rica

Luxury homes in Costa Rica have a yearly solidarity tax based on the value of the property. For this year,…
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Know your client – What are the KYC requirements in Costa Rica?

Know your client is the documentation process through which the banking, financial, and real estate sectors in Costa Rica reduce…
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Real estate transaction costs in Costa Rica

Real estate transaction costs by means of a direct transfer will typically have three costs. A 1.5% fee in transfer…
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Real estate transaction costs, who pays them?

Real estate transaction costs can be paid equally by the two parties; however, like other parts of the transaction, the…
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What are the standard legal fees in a real estate transaction in Costa Rica?

Typically, the standard legal fees for a real estate transaction in Costa Rica start at the minimum standard as established…
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What is the difference between a lawyer and a notary in Costa Rica?

Lawyer and notary are two different areas in the legal area. A lawyer in Costa Rica will always be in…
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Do I need an attorney for a real estate transaction?

An attorney for a real estate transaction is not required if the transaction is an indirect one, by transferring the…
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What is the National Registry of Costa Rica?

The National Registry of Costa Rica is a public office in charge of safeguarding a public database holding the owners…
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Foreign ownership of properties in Costa Rica?

Foreign ownership of properties are very common in Costa Rica. Any foreign citizen can validly own real estate in Costa…
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