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Yes, as a foreigner, you can own property in Costa Rica. Costa Rican law allows foreigners to own property outright. And does not require you to get residency or citizenship to purchase property. You can choose to purchase property under your name or through a corporate entity, making it a welcoming destination for real estate investments.
When purchasing a home in Costa Rica, it's important to note that approximately 4% of the property's purchase price is allocated to cover transfer fees, taxes, and lawyer fees payable to the Costa Rican government. These expenses are integral to the property transaction and ensure a smooth and legally sound process, providing you with peace of mind in your real estate investment.
Yes, it is generally safe to purchase property in Costa Rica, especially with the support of our REMAX Synergy agents. The country is known for its stable government, investor-friendly laws, and a well-established legal system that safeguards property rights. Our experienced agents, backed by the global REMAX network, ensure that property transactions are conducted securely and transparently. With the guidance of our trusted professionals, you can navigate the process with confidence and peace of mind.
Yes, there is a tax for selling property in Costa Rica, known as the 'Capital Gains Tax.' This tax typically amounts to 15% of the net gain from the sale. However, it's important to note that the specific tax regulations can vary, and exceptions or deductions may apply. We recommend consulting one of our REMAX Synergy agents to discuss the specifics of your situation and ensure compliance with current tax laws and regulations.
Papagayo, Guanacaste, Costa Rica
Playa del Coco – Guanacaste – Costa Rica
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