|Some Forum Posts:
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.|
Costa Rica: Starting a business in CR:
Joe the American, alias Sanbuenaventura, alias Valenduran is really an angry Canadian who lurks on this board and posts horrible rubbish about Costa Rica. He's now found the Horrible videos of Travel Costa Rica Now on Youtube, another hater and not worth watching one second of his nonsense videos. Just look at the titles of his videos and you can see he has no interest in telling a true and accurate tale of Costa Rica.|
Costa Rica: Weather in Ojochal:
|As someone who operates property tours in Ojochal I can give you a good idea about the weather from June to September. Typically the temperature will be in the mid 80's during the day, rarely getting much over 90. Most folks living there don't use AC (as long as they are up on the hill and get the breeze). The temperature doesn't get that hot so a ceiling fan will usually suffice to cool you. As for humidity and rain, the summer months are pretty humid. Typically in the morning it will be pretty clear but as the day progresses, moisture off the ocean starts stacking up against the mountain backdrop. The cloud at the top will get bigger and bigger. As mid to late afternoon approaches and the sun starts to drop, the cloud condenses and the rain starts. It will then rain very hard until the built up clouds have dissipated. It really is that predictable and we rarely get a "rainy day" when it rains from morning to night. We do occasionally get big fronts from the south that linger a few days and it will be cloudy all day but again typically won't rain all day. In October you are likely to get a number of "rain all day" days but again it is warm and as long as you don't have to do something outside, not at all unpleasant to sit on your porch and enjoy it. A few years back there was a hurricane off the Caribbean side over the Cayman Islands and we had the most rain ever recorded in Costa Rica, close to 10 feet of rain in 10 days. Yes it did wash the highway out in a few spots and there was major flooding in the lower towns of Cortez, Palmar and others. The Terraba River and the Sierpe River were a mess.|
Costa Rica: Property / house:
|Our prices for a small home in a gated community start at $160k including land, AC in both bedrooms, granite counters kitchen and bath, landscape and some hardscape. You can see the details on our website at http://www.pacificlots.com/home-land-deal|
Costa Rica: I want the REAL truth:
|Sanbuenaventura, See the end of this email to see where we buy our cars, perhaps you just don't know where to buy a car. There are lots of cheap cars around, good cars.
Here are the cars:
2006 Chrysler Town and country mini-van. V6 gasoline, automatic transmission.. $17,000 USD. Photos
Boston Whaler, 17 foot, 135 hp Evenrude outboard, trailer. $21,500 USD. One photo.
2001 Galloper Exceed, 2.5 liter turbo diesel, 4 X 4, manual. $7,900 USD Photos.
2001 Chevrolet Blazer (export version), 4 door, 4 X 2. Economical 2.4L four cylinder, five-speed manual, gasoline. Photos. $7,000 USD (firm).
1999 GMC Sierra step-side pick-up, SLT, 4 X 4. 5.3L V-8 gasoline with propane conversion, automatic transmission. $13,000 USD. Photos.
1997 Chevrolet Tahoe SUV, 4 X 2. 5.7 Liter V-8, gasoline with automatic transmission. $4,200. USD. Photos.
1995 Nissan Pathfinder SUV 4 X 4. V-6 gasoline, 5-speed manual. Dirty pictures. $5,000 USD.
1994 Misubishi Montero SUV, 4 X 4. Gasoline V-6, manual transmission. $8,000 USD. Many photos.
1990 Isuzu Amigo 4 X 2. Gasoline four cylinder with five-speed manual transmission. Photos.
1987 Mercedes-Benz 230E Sedan. Four cylinder gasoline engine. REDUCED, $3,500 USD
1986 Toyota Land Cruiser SUV, 4 X 4. Diesel. Photos. $6,000 USD
Two Suzuki Samurai, 4 X 4. Metal hardtop: $4,000 USD, Fiberglass top: $6,000. Photos.
Looking for something specific? Let us know and maybe we can help you find it.
If you want to buy or sell a vehicle, or for any other automotive need, please contact us at: AUTO SHOP SANTA ANA.
Allen, 8502-6305 (English), Joaquin, 8815-7668 (Spanish)
You can rent a car from Vamos rent a car and apply the price of the rental to the purchase price and George has very reasonable car prices. He buys them all used and has a good eye for it
Here was a list posted today on Costa Rica Living, these are not astronomically priced. One other thing if you want to give the REAL truth, most of us living in the southern region live up the hill and get nice breezes. We don't use AC in our guest house at all, that's what pools are for. Anyone who is spending $800 for electric is either running AC with the doors and windows open or has a problem with their system..|