Invest in Real Estate in Costa Rica, the happiest country on earth
About Costa Rica
The Central American country of stunning beaches, rainforests, and biodiversity, is also known for its stable democracy and educated population.
— The Economist
Why Costa Rica?
Real estate in Costa Rica offers amazing opportunities for those in search of paradise. While small in size, Costa Rica has a diverse ecosystem, an ideal climate, modern infrastructure, and a unique lifestyle based on nature and happiness.
Pura Vida
In modern-day usage, the saying “Pura Vida” is a way of life, a perspective to life that evokes a carefree and optimistic spirit. That’s also why Costa Rica is the happiest country on earth 😊
From land to water
Costa Rica have several types of terrestrial environments from the Tropical Rainforest (Arenal Volcano, Bocatapada, Sarapiquí, Tortuguero, Manuel Antonio, Osa Peninsula and Golfito) to the Tropical Dry Forest (Guanacaste and Gulf of Nicoya).
Investing in Costa Rica allows you to have a place to enjoy while at the same time getting profits off from it when you are not using it.
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It all starts with your life project, your needs, your priorities. Land, sea, primary forest... Several investment opportunities are available for you, for all tastes and budgets.
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Develop your real estate capital and generate rental income. Our job is to advise you in your acquisitions and support you over the long term (seasonal rentals, maintenance, etc.)
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Any foreigner, resident or non-resident, has legally the same rights as a citizen, in the purchase of all Costa Rican real estate at the exception of (1) Maritime Lands (ZMT) located within 200 meters from waterfront, and (2) INDER properties, land donated to particular farmers.
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You can purchase Costa Rican real estate in your name, with as many partners as you like, or in corporation such as a Sociedad Anónima (S.A.) or a Sociedad Responsabilidad Limitada (SRL), which is similar to an LLC, following your preferences and attorney’s advices.
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Under Costa Rican law, the transfer of property assets is subject to a profit tax of 2.5% only. This tax is based on the value between the transfer value of the property and the value of the property registered before the Costa Rican Tax Authority. You can purchase a property in a holding company or on your own name. The cost of title transfers is around 5 to 6% of the total sales price, usually shared between buyers and sellers, detailed as follow : Legal stamps are approximately 1 %, transfer taxes are around 1.5 %, notary fees are on a sliding scale around 3 %. On another hand, property taxes are fixed at 0.25% yearly and must be paid to Municipality. Property owners are obliged to re-assess their property every five years.
Eco-tourism growth
Costa Rica receives over 2.6 million tourists per year, the majority of whom come from the United States and Canada. Earnings from tourism exceed $4.5 billion US dollars annually, making it one of the country’s leading economic sectors. It is estimated that a significant share of visitors come to engage in eco-tourism and nature-based activities, which remain a core driver of Costa Rica’s global appeal.
"The future might not be North American or Western European, it might be Latin American."
Nic Marks, Happy Planet Index
"Not spending on the armed forces allowed our country to protect our ecosystem."
Carlos Alvarado, Costa Rica President
Happiness first
Nic Marks gathers evidence about what makes us happy, and uses it to promote policy that puts the well-being of people and the planet first. He's the founder of the Centre for Well-Being at the UK think tank New Economics Foundation (NEF).
Watch the video here or on Ted Talks
