Costa Rica Indirect Transfer Tax

Costa Rica Taxes Indirect Property Transfers

Costa Rica taxes indirect property transfers.  The Costa Rican Legislature passed the law titled Ley de Fortalecimiento de la Gestión Tributaria, Ley No. 9069. This law modifies the existing law on real estate transfer taxes (Ley de Impuesto Sobre el Traspaso de Bienes Inmuebles Ley N
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Consumer Protection Costa Rica

Consumer Protection Law Expanded to Cover Real Estate Sales

By way of executive decree number DE-35548 the Consumer Protection Law of Costa Rica was updated to include contracts for future sales of real estate property. Under the new law developers that wish to offer pre-construction sales contracts will have to demonstrate their financial cap
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Costa Rica Environmental Law

Costa Rica Environmental Laws

The environment and protection of nature are important to Costa Rica.   The reason tourists flock to Costa Rica is to enjoy the the biodiversity of its environment.   To protect that environment Costa Rica has passed numerous environmental laws.  In this article I am setting forth the
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Bank Transfers within Costa Rica Using SINPE

Bank to Bank Transfers within Costa Rica Using SINPE  If you have an bank account at one of the Costa Rican banks you can transfer funds electronically between your account and accounts at any of the other Costa Rican banks using the SINPE platform which is (Sistema Nacional de Pagos
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Costa Rica Tax Obligations

Costa Rica Education and Culture Stamp for Corporations

The Education and Culture Stamp for Costa Rican corporations – what is this ? That is the most common reaction I get when I ask people if they know what the education and culture stamp is. This tax has been in effect since 1976 created by Law number 5932. Many people have ignore
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Costa Rica Earnest Money Deposit

Costa Rica Earnest Money Deposits

In Costa Rica just like most other countries around the world it is customary to tender an earnest money deposit in real estate transactions. In Costa Rica a deposit is known locally in several different names such as “deposito de garantía”, “arras confirmatoriasR
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Squatter Rights in Costa Rica

Squatters on my property in Costa Rica.  When you mention squatters in Costa Rica it conjures images of somebody physically taking over your property.  In Costa Rica the issue of squatters has its nuances because it may involve political, social and legal issues that don’t all necessa
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United States and Costa Rica Extradition

The United States and Costa Rica Extradition Treaty

The United States and Costa Rica entered into an Extradition treaty in 1982 which was approved by the Costa Rican legislature in 1991.  The following is the extradition treaty between the United States and Costa Rica. The Government of the United States of America and the Government o
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Beach Front Property in Costa Rica

Beach Front Property in Costa Rica

Costa Rica beach front property has some nuances about it. Did you know that the first 200 meters of the high tide marker is owned by the Costa Rican government. To find out what is involved when considering beach front property in Costa Rica view the video.
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Costa Rica Investor Residency

Costa Rica Investor residency is available for those that invest at least US$200,000 in Costa Rica. Watch the Investor residency video to find out more about the program.
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Domestic Service in Costa Rica

Hiring a Maid

Hiring a Maid (Domestic Employee)  in Costa Rica A Summary of Chapter VIII of the Costa Rican Labor Code  The Costa Rican Labor Code has a specific provision that covers “Domestic Employees”.   This is found in Chapter VIII Articles 101- 108 of the Labor Code. Article 101 of the Labor
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Social Security Letter Costa Rica

Social Security Income Letter Now Available Online

How to get a your Social Security letter form the Federal Benefits office of the US Embassy in Costa Rica. If you are applying to Pensionado residency in Costa Rica and you need to submit with your application proof of social security income you now request the letter online.   The US
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