If you're thinking of buying property in Costa Rica, you're about to purchase a piece of tropical paradise. The climate is outstanding and there are lots of things to see and do.
You can sit on the beautiful beaches, watch dolphins and whales at play, or play a round or two of golf. If you're a nature lover, you can explore the forests and see exotic wildlife including Toucans, wild parrots, Coati (members of the raccoon family), Howler and Capuchin monkeys, and the list goes on.
If sport fishing is your passion, you'll find some of the world's best right off Costa Rica shores. You'll go after sailfish, marlin, dorado Tuna, Roosterfish, snapper and more.
All this, plus Costa Rica is a peaceful country. Resources are used to educate and provide its people with the resources they need. The literacy rate is over 95%, and the health care system is state of the art. You won't even find a standing army in the country, but you will find a more leisurely approach to life and friendly neighbors.
Another thing that makes the country so attractive to people worldwide is the low cost of living, absence of a capital gains tax, low property taxes, and a special status that is given to foreigners who are investing in or retiring to Costa Rica.
You don't need to be concerned about the process of buying property in Costa Rica. You'll be supported by a team of legal advisors and other professionals who can make the transaction an easy one. For example, we will help you review the idea of using a Costa Rican corporation to make your purchase. It is a very common practice that provides advantages when it comes to tax benefits and the eventual sale of the property.
Buying Property in Costa Rica
Closing costs in Costa Rica are divided into several categories. You'll be guided through the process of managing government transfer taxes and registration fees, notary fees and mortgage costs if applicable. And, don't be surprised by the prices in Colones, the Costa Rican currency. The exchange rate fluctuates, but to give you a rough idea, as of April, 2012, 1,000,000 Colones was the equivalent of approximately $2,000 USD.
Costa Rica Real Estate
You will find a lot to choose from when you're looking for Costa Rica property. For low maintenance, you could choose a condo on or near the beach. Many condo developments include amenities such as pools, playgrounds and barbeque facilities.
Single family homes are also plentiful. There are homes in the city, mountains or beach areas. You can choose from ocean views, seaside homes and lake front homes. You may even find a lot for sale where you can build your own dream home. There are also many properties that would be perfect for an investor.
Get the support you need before, during and after the sale, in the U.S. and Costa Rica, from experts in assisting people from other countries who wish to purchase Costa Rica property. Call us at 727-641-3644, 888-813-8113, or use the form below to send an email.
We’re waiting to welcome you to Paradise!
Sexauer Real Estate International