What do I need to know when buying property in San Jose?
When we asked expats what advice they would give a foreigner before buying a property in San Jose, they said...
"Don't buy. For some reason that I suspect is emotional expats almost always want to buy property, but it doesn't make a lot of sense. It's much easier and cheaper to rent. There's also the widely reported statistic that some half of the expats leave the country within the first year of arriving--and stories abound of those who bought homes taking a huge loss when they sell. There are also a fair number of problems with property theft--your house is sold out from under you without your awareness. Give yourself a few years in the country to become acquainted with the customs and the neighborhoods before you plunk down money you may regret," remarked another expat who made the move to San Jose, Costa Rica.
"When buying property in San Jose, it is important to research the area and the local laws and regulations. It is also important to understand the local real estate market and to work with a reputable real estate agent or lawyer who is familiar with the area. Additionally, it is important to understand the taxes and fees associated with purchasing property in Costa Rica, as well as the process for obtaining a residency visa. Finally, it is important to ensure that the property is free of any liens or encumbrances before making a purchase," explained one expat living in 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.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
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What do I need to know when buying property in San Jose?
If you live in San Jose, newcomers to San Jose would love to hear your answer to this question: