Estimated Reading Time: 6 Minutes The safest way to buy real estate in Costa Rica is through escrow services. These services are a secure way to transfer funds between a seller and a property buyer. The escrow company is a third party that handles these funds in return for a fee. This fee is usually […]
Estimated Reading Time: 5 Minutes For many years, lawyers have recommended the use of a corporation for property ownership for resident and non-resident foreigners. The choice of a corporate structure used to be recommended because of personal liability, estate planning, tax planning, and a few other reasons. Also, real estate developers used to create corporations […]
Estimated Reading Time: 6 Minutes Why use escrow in Costa Rica real estate and how does it work? Some foreign buyers of Costa Rica real estate just assume that this works the same as it does back home. Wrong! Let’s start at the beginning. In Costa Rica, local buyers, as well as sellers, do not […]
Estimated Reading Time: 3 Minutes Starting today, same-sex marriage is legal in Costa Rica today, on May 26, 2020. This is great news for the LGBT community in Costa Rica and those planning to relocate to Costa Rica. In January 2018, The Constitutional Chamber of Costa Rica gave Congress the opportunity to process a law […]
Don’t “fall on your face”, like so many who moved to Costa Rica before you, when buying or renting a property. Protect yourself, your family, and your money. Learn about everything you should NOT do when you buy, or rent a property in Costa Rica. Participating in this legal due diligence seminar is the best […]
You might not even know you have Costa Rican corporation problems. Especially if your corporation owns property in Costa Rica. Or if you own a corporation and you’re not a citizen or resident. Above all, you don't want to lose your assets in CostaRica because you are not up to date with your legal obligations, [...]
I started practicing law in Costa Rica in 2003. At the time, incorporating, or not incorporating a company in Costa Rica to hold real property and other assets, was a straight forward decision. Property buyers were Incorporating a Company for basically 3 reasons: 1. Limited liability aspect afforded by the corporate structure, 2. Anonymity afforded […]
Looking for a survey map or plano catastrado of your property? Then you’ve arrived at the right place. I will show you how to get a survey map of your property online. You just need to follow the steps. In exchange for this FREE information, I have a great deal for you: do business with […]
When you work, own a business, or a property in Costa Rica, you have to pay taxes in Costa Rica as well. Do your homework and learn which taxes in Costa Rica, when they have to be paid, and other details. This guide will assist you in having you always up to date on all […]
Watch the new legal requirements on Anonymous corporations in Costa Rica. In the past, property in Costa Rica was almost customarily purchased into anonymous corporations by foreign buyers. One of the most important reasons was to protect the property for the personal liability of the owner. Another good reason was that several owners could possess a […]
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