Are foreigners allowed to own property in Costa Rica?
When we asked expats in Costa Rica if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Costa Rica. The country has a long-standing tradition of welcoming foreign investment and has a legal framework in place to protect foreign property owners. Foreigners can purchase property in their own name, or through a corporation, and can also obtain long-term leases. In addition, Costa Rica has a number of incentives in place to encourage foreign investment, such as tax exemptions and other benefits," said another expat in Costa Rica.
"No I don't think so. If any, I may presume it is if you haven't yet applied for Temporary Residency (Rentista) though I don't know if that's necessary; check with a reputable Attorney," wrote a member who made the move to Costa Rica.
- What do I need to know before moving to Costa Rica?
- How do I find a place to live in Costa Rica?
- What is a typical expat home or apartment like in Costa Rica?
- What is the average cost of housing in Costa Rica?
- Should I buy or rent a home in Costa Rica?
- What should I pack when moving to Costa Rica?
- What cultural faux pas should I try to avoid making in Costa Rica?
- Why do people move to Costa Rica?
- What are healthcare services like in Costa Rica?
- What are medical services in Costa Rica like?
- What are typical rents in Costa Rica?
- What appliances are typically included in a rental?
Are foreigners allowed to own property in Costa Rica?If you live in Costa Rica, newcomers to Costa Rica would love to hear your answer to this question:
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.