It is perfectly viable to constitute corporations, organizations of limited responsibility for non-resident foreigners of Costa Rica. Our Political Constitution and the civil and commercial laws grant the same rights and obligations as non-residents or nationals.
The Importance of Transferring Automobiles In Article 7 of the Transit Law, we find that in all transit-related acts, the registered owner will be the responsible civil party of consequences derived from the use, manipulation, possession or holding of the vehicle, even when he is not the driver of the vehicle and the responsible...
Real estate financing has become a new trend at the Costa Rican Real Estate sales circles. This term financing did not exist before. Just in matter of 10 years the tide has turned and more people are coming to buy the parcel of lands of the beaches of Costa Rica. Even the financial institutions...
Attorney is of the utmost importance when anyone comes to Costa Rica to stay and live. If you plan to do a business, buy some real estate units or get a cell phone connection, the documents you require for such works can only be provided by an attorney.
More than a few times we have been asked question related to the social security charges that a company operating in Costa Rica must pay. There are minimal or basic charges that can be resumed as: social security and insurance for work hazards. Here I have a small list of the social security charges...
Investing in real estate has become more than a financial feat for most investors in Costa Rica. It also evolved to provide personal gratification for investors who have always desired to own a property where they can live in nature’s serenity. This of course, depends on what investors perceive to be a sound investment....
Costa Rica beach properties For most foreign investors, the most promising properties in Costa Rica are those along the coastline. These properties have feasible investment features as residential or/and commercial estates. The tropical milieu of beachfront properties that line the country’s Pacific side has drawn foreigners who long to get away from the noise...
Realtors explain that the prices of real estate properties in Costa Rica have remained a standstill in the last years. Early in the 1990s, Costa Rica has suffered from economic recession, which has seriously affected its property market. The country’s real property market picked up in the turn of the century with the help...
Costa Rica offers the same property rights to its citizens and to foreigners. The Costa Rican government welcomes foreign investors by minimizing its restrictions on land and property ownership. Purchase transactions in acquiring a property in Costa Rica are virtually hassle-free. Payment schemes are well-designed and defined. This was made imperative by the government...
At present, it’s not a secret anymore that the global credit crisis seems to greatly affect the emerging Costa Rica real estate market with numerous development programs being put on hold. There are numbers of large Costa Rican hotel projects, including Hyatt, Regent, Punta Cacique, Mandarin Oriental, and Saint Regis, that are financed by...