Buying Property In Costa Rica – Taxes, Capital Gains, Corporation

Anyone can buy property in Costa Rica. Anyone can become a real estate agent

The cool thing about Costa Rica, a foreigner can buy real estate and pass that title down, unlike Mexico where foreigner can only lease, and cannot  buy, which as caused numerous disputes when titles suddenly change and/or were fraudulently made. The best way to buy real estate is set up a anonymous corporation instead of putting the property in an individual name. You will need a good … [Read more...]

Costa Rica Squatters – Legal Procedures

Some property owners deal with Squatters their own way, this Pavones squatters shack is being burn down

We got a couple of emails this week on US residents who own property in Costa Rica and suddenly were informed that their property was claimed by  squatters rights.   Well, we do not give out legal advice, nor do we get involved in stuff like this -  all we could do is refer them to several Costa Rica attorneys who might help them.  However, we did some online searching from several government … [Read more...]

Ecotourism, Corporate Greed, and Development

Another Jaco Condo Project

Today the Osa Peninsula's most beautiful beach, full of turtle nests, has been destroyed by bulldozer and backhoes. The municipalidad in Golfito is tearing apart everything beautiful about the OSA. HELP! Back in September, 2008 the Tico Times Directory started to receive emails like the one above. Now the questions, has the peaceful Central American nation tourist reputation on protecting … [Read more...]

Investing in Costa Rica

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Dubbed as the" Silicon Valley of Latin America" Costa Rica has become in  the last five years more appealing due to its investment-friendly climate and government policies on attracting foreign investors. With world-wide economy at a downfall especially the U.S. commercial leaders like, Microsoft, GE, Abbot Laboratories, Continental Airways and Intel Corporation continual to make sizable … [Read more...]