Are foreigners allowed to own property in San Jose?

"No, foreigners can own property with the same rights as locals. However, I personally wouldn't buy until I had legal residency. Many nonresidents do buy and don't have any problems, but I'd personally want the right to live in the country before I invested money in it. Related is that absentee-ownership is asking for problems. Unless it's a condo at the beach with a rental program, I wouldn't recommend buying without living here, and I wouldn't count on living here without legal residency," mentioned another expat when asked about moving to San Jose, Costa Rica.

"Yes, foreigners are allowed to own property in San Jose. The country has a long-standing tradition of welcoming foreign investment and has a legal framework in place to protect the rights of foreign property owners. Foreigners can purchase property in their own name, or through a corporation, and can also obtain mortgages from local banks. The Costa Rican government also offers incentives to foreign investors, such as tax exemptions and other benefits," commented one expat who made the move to San Jose, Costa Rica.

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Costa Rica Legal Residency is an articulately bi-lingual boutique firm with 15 + years of successful experience and exclusive focus on Costa Rica Temporary and Permanent Residency, Renewals, Digital Nomad, and Citizenship. Located minutes from the Department of Immigration.
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