Did you know that tax overdue corporations will be dissolved by the National Registry? If you own a Costa Rican corporation and have not paid your corporation tax up to date, you might be in trouble. That is if your corporation owns property or a vehicle. New laws are not always a good thing. To my […]
Do you have corporation owned real estate in Costa Rica? Now you need the approval of your board of directors to sell or get a mortgage on it. On August 24th, 2016 a new law was issued and duly published at La Gaceta on October 4th, 2016. This new law # 9392 is called Protection for the […]
Do you own a vacation rental? Have you thought about giving a 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 you need to take […]
Some foreign buyers of Costa Rica real estate just assume that escrow works the same as it does back home. Wrong! Let’s start at the beginning. Buyers as well as sellers of Costa Rica real estate do not use escrow. They just agree on the sales price and at the signature of the purchase option, […]
IVO HENFLING | APRIL 20, 2015 When you purchase a property in Costa Rica, for sure you want to check if the property has water or access to water and if the water is correctly connected. You know why? In many countries, the water connection on a property is a very simple matter, in Costa […]
Thanks to our readership for suggesting a great topic that is so important when you are buying Costa Rica property as a couple. How can you divide the ownership between couples and what is prudent (and what not)? I’ve said many times in my blogs that I am not a lawyer but a simple real […]
Because we have over 350 blogs about Costa Rica real estate and many other topics on our website, I get a lot of emails with requests. Some requests are really a bit strange, but great to write a blog about, which I’m doing today. A few days ago I received an email with the subject […]
If you hire the wrong person to sell your property or to represent you as a buyer of Costa Rica real estate, this can create huge problems later on. Many real estate agents in Costa Rica do not check the title of your property before listing it for sale, because they do not have the necessary […]
You are ready for your retirement in Costa Rica and you have found the Costa Rica real estate you would like to purchase, hopefully with the help of an American European Group’s affiliate agent. You have to return home to wrap things up for your move to Costa Rica and find a way to get […]
When you purchase, closing costs on Costa Rica property is quite important. Purchasing a Costa Rica property is always a good investment. Costa Rica property prices are very reasonable compared to many other countries. Also, property laws are quite clear and many locations have great potential for growth. When you purchase Costa Rica property, besides […]
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by Ivo Henfling
