Investment Property Costa Rica FAQ's | Costa Rica Homes for Sale

Investment Property Costa Rica FAQ’s

When it comes to investment property Costa Rica, can you afford not to invest wisely?

These times make it even more important that you look at ways to increase profits with investment property.

We’re offering you a better way of investing in Costa Rica real estate while saving thousands.

Let’s go over the things you need to know to get the best return on investment when building Costa Rica houses.

Costa Rica Homes for Sale frequently asked questions

Can a US citizen buy a house in Costa Rica?

Yes, you can buy or build homes for sale in Costa Rica easily, with the help of Finish Touch Enterprises.

The great news is that you enjoy the same Costa Rica real estate ownership rights as Ticos.

And all you need is your tourist visa. Plus, you don’t have to live here to own local investment property.

What is the average cost of a home in Costa Rica?

Finish Touch Enterprises, professional Costa Rica custom builders, can offer you low-priced starter homes.

And we can also build a stunning luxury residence to serve as the perfect ex-pat home in paradise.

Plus, we offer you excellent home designs for your Costa Rica vacation rental business.

Is it cheap to live in Costa Rica?

Living in Costa Rica is practically a bargain when compared to the United States.

If you buy a house in Costa Rica from Finish Touch Enterprises and have to pay the mortgage, your monthly expenditures will run you for about $2,000. But if you pay in full for your new house in Costa Rica, then expenses will be even less.

Is real estate expensive in Costa Rica?

Costa Rica is very affordable for the kind of properties you can get access to here.

If you acquire houses for sale in Costa Rica from a leading company such as Finish Touch Enterprises, you can obtain the best ROI or return on your investment.

Should I invest in Costa Rica real estate?

If you’re considering investing in real estate in Costa Rica because you believe it’s a smart idea, that makes total sense. We agree with you wholeheartedly.

Is now a good time to buy in Costa Rica?

Yes! When it comes to investment property, Costa Rica is definitely for go-getters.

If you’re one of them, you rock! We take our hats off to you in admiration as that shows you’re a real mover and a shaker.

Do ex-pats pay taxes in Costa Rica?

Yes, a foreign citizen also pays taxes just as locals do. And the taxes you pay are based on the income you report as earned income within the country.

Plus, you don’t have to pay any taxes from profits coming from an offshore business.

Is Costa Rica still a good place to retire?

Yes! Costa Rica is full of natural riches, and it’s also one of the most stable countries in the whole Latin American region.

Costa Rica is also very peaceful. And there’s no army, which means that the country enjoys enviable political stability.

What is required to move to Costa Rica?

if you wish to move to Costa Rica, there are two options available:

  • Rentista Program: You can apply by reporting a monthly income of $2,500 for a period of two years. Or you can also avoid the waiting time by depositing $60,000 into a local bank
  • Pensionado Program: Apply for this program by reporting a $1,000 monthly income coming from a pension source

Where do most American ex-pats live in Costa Rica?

Most Americans that move to this country to buy Costa Rica homes for sale in coastal areas. Mainly the Central Pacific coast, the Southern Pacific coast, and Guanacaste.

And Finish Touch Enterprises have offices at both: One in Jaco, and one at Playas del Coco, Guanacaste.

What is the Traspaso or Escritura?

The Escritura or Traspaso is how the title change of property is called in Costa Rica.

And this is basically the document that states that you are the owner of a given piece of real estate in the country.

How is the title transferred?

In order to create the proper title change of property or Traspaso, you will need to collaborate with a local lawyer, who will be acting as a public notary.

Once the lawyer has drafted the document, you need to take this paper to the Public Registry to register it and properly stamp it.

How can a foreign citizen make sure he has a clear title of the property?

This is something you can easily do while at the Public Registry.

There, you can get access to all the data you can possibly need about the property, including:

  • Current title holder’s name
  • Liens
  • Recorded easements
  • Boundary lines
  • Mortgages
  • Tax appraisal
  • Other recorded annotations

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