legal
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Legal & Financial
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 uncertainty risk that the person…
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Legal & Financial
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 tax, 1% in register stamps…
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Legal & Financial
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 actual payment (not the amount)…
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Topics
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 by the Costa Rican Bar…
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Legal & Financial
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 charge of legal advice for…
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Legal & Financial
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 stocks, but it is highly…
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Legal & Financial
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 of movable and immovable assets…
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Legal & Financial
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 Rica. They will have the…
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