A Guide to Real Estate Closing Costs in Costa Rica
Government taxes and stamps take the main load. Law Firms and Escrow Services charge flat fees based on transaction.
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Property Taxes in Costa Rica: What you need to know
Property Taxes: The Basics
Buying property in Costa Rica comes with a perk—property tax on "Fee Simple Title" properties is just 0.25% of the fiscal value recorded with the local municipality and national property register. These taxes help fund local municipalities, unlike in some countries where the national government collects them.
Is There Good Medical Care in Costa Rica?
Costa Rica has a reputation for offering good medical care, especially compared to other countries in Central America. The country has a universal healthcare system called the “Caja” (CCSS), which provides healthcare to all citizens and legal residents. Additionally, there are private hospitals and clinics that offer high-quality medical services, catering to tourists and expatriates. Many physicians in Costa Rica are trained internationally and are proficient in English, making healthcare accessible to visitors from abroad.
Your Guide to Costa Rica's Capital Gains Tax
Costa Rica's Capital Gains Tax and its Affect on Real Estate Assets
The capital gains tax in Spanish is called “Ganancias de Capital.” It was bound to happen! Capital gains tax is now a reality in Costa Rica and has been in effect since July 2019. What’s the rate? Well, the capital gains rate is fifteen percent (15%) of the gain. Being a home owner in Costa Rica, it is important for you to know how this tax can affect your personal tax situation.
Consider Investing in Hacienda del Mar
When contemplating moving to Costa Rica from Vancouver Island, British Columbia in 1999 most of my friends were ready to have me committed to an asylum. How could you even think about leaving this paradise.
A good friend who I admired (CEO of one of BC’s largest lumber companies) sent me a note:
How to Choose a Building Lot in Costa Rica
The Basics of Choosing a Building Lot
You fell in love with Costa Rica and after looking at all the built homes in the area you decided that you want to buy a lot and build. If you haven’t built a house from scratch before than this guide will be quite useful. Even If you have built a home in the past this will help you avoid pitfalls particular to Costa Rica and keep you on the right track.
Before we go any further, we must assume that you have hired an experienced realtor who will ensure the basics are covered that apply to any lot purchase:
Buy or build a home in Costa Rica?
The short answer on building or buying
Let us state right up front: we're not saying "don't build a home in Costa Rica". We're just showing you all the options, including the best way to build a custom home from scratch.
Who Moves to Costa Rica?
Why is it important to work with an experienced Real Estate Agent and long-standing Real Estate Company in Costa Rica?
It's Smart to find a professional real estate agent
99 Reasons Why We Love Living in Costa Rica
99. Costa Rica is 99% green. It is almost totally carbon free, and the most environmentally protective country in the world and most of it still looks like it did when the dinosaurs walked the earth. You have to love and respect somewhere, which places nature above money. This haven will blow you away.
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