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

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

These are the things you need to know to make the perfect property investment Costa Rica deal even better.

Let us share with you how the experience you’ll have working with us will be different.

Costa Rica Homes for Sale frequently asked questions

Can a US citizen buy a house in Costa Rica?

Yes, you can definitely buy a house with the help of experienced Costa Rica custom builders such as Finish Touch Enterprises.

As a real estate buyer, you enjoy the same ownership rights as locals. All you need for a purchase like this is your tourist visa. And you don’t have to be a resident of the country.

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

Finish Touch Enterprises offers you a variety of residential opportunities.

From low-cost starter homes to luxury home designs for the wealthy ex-pat, to the perfect Costa Rica vacation rental home.

Is it cheap to live in Costa Rica?

You can live in Costa Rica for a bargain price. When compared to the USA, Costa Rica is definitely a great choice if you wish to save in monthly expenditures, which can run you for no more than $2,000 including your monthly mortgage payment.

Is real estate expensive in Costa Rica?

Costa Rica offers excellent investment opportunities for everybody. You can buy the perfect custom home from Finish Touch Enterprises, fully customized for reselling purposes, and you’re sure to obtain a great return on your investment property Costa Rica deal.

Should I invest in Costa Rica real estate?

If you’re considering investing in Costa Rica real estate because you believe it to be a great way to make a profit, we’re on the same page about this. We’re in complete agreement.

The property taxes are very reasonable in the country, and you just need your tourist visa to become an owner of Costa Rica homes for sale.

Is now a good time to buy in Costa Rica?

We can definitely agree on the fact that right now is the perfect time to invest in Costa Rica homes for sale.

You can sell high in what’s the current lucrative American real estate marketing, and then invest a portion of your profits in a great custom house by Finish Touch Enterprises, allowing you to obtain the best return on your investment property Costa Rica deal.

Do ex-pats pay taxes in Costa Rica?

Yes, you will be paying taxes just as locals pay their taxes. And these taxes are based on your reported earned income.

With that said, you don’t have to pay a single cent in taxes from profits coming from a business located outside Costa Rica borders.

Is Costa Rica still a good place to retire?

Yes, Costa Rica is currently an excellent option for you to start calling it your new home.

This is a very beautiful country full of natural riches. And Costa Rica also enjoys a lot of political stability as there is no army here.

What is required to move to Costa Rica?

If you wish to move to Costa Rica, there are two programs which you can apply to:

  • Rentista Program: To apply for this program you must report a monthly income of $2,500 for a 2-year period. Or you can cut that time short by making a $60,000 deposit into a local bank
  • Pensionado Program: For this program, you must report $1,000 monthly income from a pension source

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

Most ex-pats from the United States moving to Costa Rica buy Costa Rica homes for sale in the coastal areas, mainly the Central Pacific coast, the Southern Pacific coast, and Guanacaste.

And we at Finish Touch Enterprises, the top Costa Rica construction company, thankfully count with offices at both of these regions:

  • One in Jaco, covering the Central and Southern Pacific
  • And one in Playas del Coco, covering the whole Guanacaste province

What is the Traspaso or Escritura?

Traspaso or Escritura is how the title change of property is referred to in Costa Rica. And this is an actual document that states that you are the legal owner of Costa Rica real estate property.

How is the title transferred?

In order to transfer the title of the property, you will need the help of a public notary.

But we have great news: All lawyers in Costa Rica are also public notaries, So finding the right individual to help you with this step shouldn’t be difficult.

Once the public notary creates the document, you must take it to the Public Registry for the proper registration.

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

While you’re at the Public Registry, you can also verify that everything related to the property investment you’re interested is ok and ready to go.

The Public Registry has all the info you need about the property, including:

  • Name of the current title holder
  • Mortgages
  • Tax appraisal
  • Boundary lines
  • Recorded easements
  • Liens
  • Other recorded annotations

Building Articles

Leave a Reply

Your email address will not be published. Required fields are marked *