Jaco

There is no legal restriction to buy a property in Costa Rica, even if you are a non-resident, who have the same rights than the native people in terms of property. Before purchasing, there is one fundamental element to consider: The most comprehensive form of property ownership in Costa Rica is fee ownership. Fortunately for foreigners, the conditions for this type of ownership are the same for Costa Rican nationals as they are for foreigners. The concept of fee simple ownership is the same in Costa Rica as in the US. Basically, fee simple ownership gives the owner of the property the absolute right to materially own the property. Before any purchase, it is recommended to examine the different legal documents such as the owner of the property, the plans... You will find all the useful information on the website registronacional.go.cr. It is also encouraged to contact a professional of the real-estate market in the area to know the different steps of the buying process. Some experts advise to buy a good through the creation of a limited liability company, which will increase the application fees.