Costa Rica Gatekeeper Money Laundering Legislation

The Costa Rican legislature is voting on a new law that modifies Law # 7786 which is referred to as the “Drug, Money Laundering and Financing of Terrorism Law” (Ley sobre estupefacientes, sustancias psicotrópicas, drogas de uso no autorizado, actividades conexas legitimación de capita
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Property Tax Forms in Costa Rica

Property Tax Forms in Costa Rica The Property Tax Law (art. 23) establishes the tax rate at 0.0025% of the recorded value of the property. I will discuss how the value is established in the next section.  Most Municipal governments will collect the property tax on a trimester basis as
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Property Theft in Costa Rica

Property Theft in Costa Rica The idea that somebody would steal your property seems an inconceivable notion.  However, in Costa Rica it can and does happen. I will point out how it happens and what you can do to minimize your risk. The National Registry of Costa Rica In Costa Rica all
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Everything You Wanted to Know About Costa Rican Property Taxes

Everything You Wanted to Know About Costa Rica Property Taxes In Costa Rica property taxes are generally low compared to many other countries around the world.  How is the tax base valuation established to determine the property tax that is due ?   In Costa Rica the Property Tax Law k
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Easements in Costa Rica

Easements in Costa Rica Easements in Costa Rica are generally regulated by the Civil Code of Costa Rica.  An easement is a right created in favor of one person or entity either by an express written agreement or by an implied agreement. What does an easement allow you to do ? It allow
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Real Estate Calculator

Real Estate Closing Costs Calculator Calculate the real estate closing costs for a property in Costa Rica using our real estate calculator below. Costa Rica has an established fee schedule for closing costs. The fees and transaction costs are based upon a percentage of the value of th
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I Survived A Condominium HOA Meeting in Costa Rica

I Survived a Condo Home Owner Association Meeting in Costa Rica I was asked by a friend to accompany him to the annual meeting of the Home Owner Association (HOA) in the condominium building where he resides.  After more than eight hours of debates and compromise and witnessing the fu
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Costa Rica Online Access to Public Records at the National Registry

Costa Rica Public Records Access Online from the National Registry. In this article I will go over the procedure to conduct an online public records search in the National Registry of Costa Rica. You can access the National Registry of Costa Rica at http://rnpdigital.com When you ente
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Costa Rica Property Title Monitoring System

Costa Rica Property Title Monitoring System Most of us are aware of companies that offer Alarm detection and monitoring systems to protect our homes  or business from burglary and home invasions. However in Costa Rica the problem of actual property theft by organized criminal gangs th
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Individual Retirement Account (IRA) in Costa Rica

Using Your Individual Retirement Account (IRA) to Purchase Property in Costa Rica   Many people are unaware that they can transfer their IRA funds to a Self Directed IRA custodian which then would allow them to invest those funds in Costa Rican real estate.   Choosing an investme
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Costa Rica Foreclosure

Mortgage Foreclosure Process in Costa Rica

What is the Mortgage Foreclosure Process in Costa Rica ? If you borrow money in Costa Rica the lender will record a mortgage on your property known as an “Hipoteca”.   If you fail to pay the mortgage lender they have the right to initiate a mortgage foreclosure process to
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Law Proposed to Cancel Fraudulent Deeds in Costa Rica

How to deal with property fraud in Costa Rica.  Cancel fraudulent deeds in Costa Rica administratively. A new legislative bill that is being introduced in the Costa Rican Legislature is aimed at resolving the inequities caused by fraudulent property transfers in Costa Rica.   If a pro
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