|Some Forum Posts:
Costa Rica: Owning vs. Buying in Costa Rica:
In my experience, having bought and sold a number of houses, both vacation and primary residences, I have made money on every one except for one. Had I rented those homes, I would have lost the total cost of the rental instead of realizing appreciation and profit. Just my dos colones....
Costa Rica: Visiting Costa Rica:
|We offer 4 day 3 night all inclusive property tours for $299.00 per person. See www.pacificlots.com now in our 25th year and the largest builder of custom homes in Costa Rica
Costa Rica: Bad situation-Atenas w/no water!:
The Sierpe River is never dry, it is tidal and rises and falls every day as the tide rises in the ocean. I can't believe you ever saw water deliveries in Sierpe, maybe what you saw was irrigation trucks for bananas? We never have had water shortages in the southern Pacific region either. During dry season it may not rain much but we are blessed with a rain forest and lots of rivers that never dry up.
Pacific Lots of Costa Rica
25 years building retirement homes for expats in Costa Rica|
Costa Rica: Considering a move in 2017:
I agree with Gil, am not in either Coco or San Jose but clearly you are living a luxurious life if you are spending that much, I could live in San Jose in hotels and still not spend that much per month... I have lived off and on in Costa Rica for 20 years while maintaining residences in the US as well. My taxes and insurance in Costa Rica are a fraction of the US and unless you are eating at Hotel Grano de Oro every meal, I don't get where you think you are spending that much money. Can you break it down into categories so it might make sense to us?|
Costa Rica: Value of corporation used to buy property:
|We suggest to all owners that they own their land in a corporate form, referred to as a Sociedad Anonima or SA. We set up a corporation that will be used to hold ownership of your property. Owning property in a corporate form is suggested in Costa Rica for a number of reasons. We have shell corporations (SA's) already set and registered in the Costa Rican mercantile registry to transfer ownership of your property to and we then transfer ownership of the shares of the corporation to you, which is recorded again in the mercantile registry. Owning via a corporation has a number of advantages; first there is no capital gains tax on the sale of land in Costa Rica that is owned by a corporation. Second if you or your husband (assuming you are married) or anyone else who is also named as a shareholder of the corporation should die, there is no probate required to pass ownership of the corporation to the remaining owner(s) since the corporation is a legal entity of it's own. This avoids a big issue if one of the owners of the corporation passes away. Corporations are legal entities of their own and live on in eternity. You can sell the land by simply transferring the shares of the corporation to the new owner, no land transfer takes place, no closing costs, document stamps, registry fees etc are required to sell land in a corporate form and the land value remains within the corporation at the original basis, a plus for property tax purposes. You also have limited liability when you own land via a corporation. So for example if you built a rental on the property and someone drowned in your pool, the next of kin could not sue you, they could only go after the assets of the corporation. You also have some annonimity via corporate ownership. There are other advantages to corporate ownership as well. There are also a few disadvantages, you have to pay more in the front end to set up the corporation and each year you will pay a fee to keep a passive corporation in place, about $220 per year. We believe that the advantages for an expat totally outweigh the disadvantages.
Pacific Lots of Costa Rica
4 day property tours $299 all inclusive|
Costa Rica: "Costa Rica is 20 percent more expensive than other Latin American countries":
|You get what you pay for is the old expression. Haiti is really cheap, as is Detroit and Rochester, NY. I am right now in Cancun doing a real estate show, 5 of us had dinner last night at a not so great restaurant and the bill came to $550 dollars, ouch. I could not think of a place in Costa Rica where the bill would be that much and the food would likely be better|
Costa Rica: Flights from California to CR:
|Many of the airlines flying from LA are not listed in standard travel consolidators sites like Expedia or Travelocity. There are good and nearly direct flights (they might make a technical stop in El Salvador but you need not get off the plane) on airlines like TACA or LACSA. Copa has some flights, Delta has a flight LA to SJO and Aeromexico has service as well.
selling premier real estate in the southern Pacific region of Costa Rica. Join our 4 day tours, all inclusive for $299 per person.|
Costa Rica: Best schools in CR for new families?:
|The community around Ojochal and Uvita is very conciousness and the Escuela Verde is. a great school choice.that teaches in multiple languages, concentrates on green living and has a great mix of expats and Ticos.
Pacific Lots of Costa Rica
Now in our 24th year building homes and communities for Expars|
Costa Rica: Tamarindo & Jaco, whys and why nots:
Are you telling me you've seen gangs and drug dealers where you live? The key point is that you state they've been apprehending those shipments... That means they are serious about stopping those shipments. I travel quite a bit in many areas of the country and can candidly say I've never seen a "gang" that I would recognize as a gang. I can surely tell you I see much more evidence of drugs and drug use in the US and find that drug use is quite low in Costa Rica. Most Ticos have never used drugs.|
Costa Rica: Electrical power usage:
|In terms of electrical usage at the beach, some southern Pacific areas of the country by the beach have large mountain back drops. If you get up on the hillside much above 500 feet elevation and you design the house properly so that it "breathes" right, you won't need AC. The termps in Guanacaste are hotter but dryer and again depending on where in the country you are also affects the amount of breeze you get. Around Arenal there are places where the wind blows almost constant, in the Gulfo Dulce there is rarely any wind at all. With 12 separate eco climates in Costa Rica and ever changing geography as you move around the country, you really need to check out the areas you are interested in to see for yourself. Blanket generalizations about "the beach" or "the central valley" can be misleading. for example if you head to Cartago, also technically part of the central valley, you might find it colder than you want.|