Expat Advice: Financial Issues in San Juan, Costa Rica
What is the name of the city or town that you are reporting on?
Did you switch to a new expat-focused bank when you moved abroad? What types of special services do they offer?
I have a real estate and military background. Of all the places I have done business and lived in around the world; Costa Rica is the most devious, unfriendly, gouging, and expensive place I have visited. Tried to do business there. The lawyer stole my money and another over charged me by 4 times normal fees. Ticos generally dislike "Gringos" and try to rip off visitors in every way. Deeds Titles and the law are all stacked against you and if the thieves and robbers don't get you the lawyers and courts will. Consider yourself warned.
What advice would you offer others about banking abroad?
Stay away from Costa Rica.Gringos are considered fair game. Your account is not safe.
What sort of challenges or frustrations have you encountered as an investor?
Deeds and titles are not good. Lawyers are crooks.
More Expat Financial and Banking Advice for Costa Rica