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About Costa Rica
Costa Rica
Costa Rica represents one of the most wanted destinies by investors, tourists and
retirees worldwide. The warmness of it’s culture, natural beauty, protected areas,
social and political stability, high educational and quality service infrastructure,
are some of the strengths this beautiful country offers.
Costa Rica is located on a privileged and strategic position in the heart of the Western hemisphere. It has an easy access to the international markets, an attractive cost of living better than the rest of Latin American countries and a human resource with a high educational level, which make Costa Rica an eye-catching destiny.
Business development opportunity
Traditionally, Costa Rica has been a democratic and peace promoting country, since the abolition of its army in the 50s, its social and political stability has been recognized globally as a reliable destiny for any investor. Located in Central America, it is also recognized for it’s natural resources as well as tourism. Along the years there has also been a great improvement in telecommunications, technology and services. This is why Costa Rica is an ideal country to invest in.
Climate
Due to its location and to a constant temperature that oscillates between 68ºF and
72ºF during all the year, it has been considered by NASA as one of the healthiest
climates around the planet.
Real estate in Costa Rica
To purchase properties in Costa Rica is simple because there are few limitations
to buy properties.
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Benefits for the real estate sector
- Absolute protection on its investment
- First Tourist destination in Central America
- Foreigners can get financing of up to 80% of the value of the property.
- Development and construction with a ROI above 30%
- Attractive real estate returns to a lower cost on the long-term whether it is residential,
corporate or vacation incomes.
Expenses adhered to the purchase of a property:
- Lawyer-notary: between 1% and 1,5% negotiable (Notary faiths)
- Bells you register them: approx. 1,1% (Stamp duties)
- Real estate goods transfer Tax: 1,5% (Transfer tax)
- Total amounts are paid based on the major value between the fiscal value and the
value declared by them you split
- Sales tax on brokerage (13%) (Leave Tax)
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