Category: REAL ESTATE UPDATES
Posted on August 5, 2022
WHY IS IT IMPORTANT TO WORK WITH AN EXPERIENCED REAL ESTATE AGENT AND LONG-STANDING REAL ESTATE COMPANY IN COSTA RICA?
This is an excellent article written by the Broker for Tres Amigos – Michael Simons. Mike is a good friend and a terrific realtor. He has worked in this area for over 20 years is a great person …
Posted on May 20, 2021
A Full Legal Cost Breakdown and Guide to Buying a Home or Property in Costa Rica
By Allan Garro – May 17, 2021 The current pandemic affecting the world generated an unexpected effect on the real estate market in Costa Rica. Despite travel restrictions and new requirements for tourists such as negative Covid-19 test or insurance …
Posted on February 11, 2021
How to Protect Your Assets Without Having a Corporation in Costa Rica
By Allan Garro – February 8, 2021 It has been a common practice for expatriates to buy real estate property and vehicles in Costa Rica and proceed by placing the title on a corporation created with the sole purpose of protecting …
Posted on January 8, 2021
To Do List – Costa Rica Property 2021
Courtesy Roger Peterson – CostaRicanLaw.com What do I need to do for 2021 ? For those of you that own a Costa Rica company or property then add these items to your 2021 list: 1. Annual Company Tax. Due by …
Posted on December 1, 2020
Land Segregation in Costa Rica: The New Conditions
November 25, 2020 After several months of heated discussions, a new set of regulations pertaining to land division in Costa Rica were introduced on September 14th. In order to understand the background of this situation, I will offer a …
Posted on November 4, 2020
Early wake-up call for tax form D-135
By Garland M. Baker Exclusive to A.M. Costa Rica This is an early wake-up call for all Ticos, expats, and anyone else with an inactive Costa Rican company. The equity tax form D-135 is due March 15. “Equity,” …
Updated on September 8, 2020
A Page Turns for Costa Rica Discovered
HOLA EVERYONE FROM THE MOUNTAINS AND BEACHES OF PARADISE! REMAX TRES AMIGOS, REMAX PRESTIGE OCEAN PROPERTIES, and REMAX OCEAN VILLAGE were founded by Michael Simons and Chris Simmons starting back in 2003 – 17 years ago. Seventeen years …
Updated on June 28, 2020
SUGEF – New rules from the banking authority regarding money transfers for property purchases
Who is SUGEF? The General Superintendency of Financial Entities (Superintendencia General de Entidades Financieras, SUGEF) of Costa Rica is the public entity overseeing the stability, resilience, and efficiency of the national financial system; and inspects and regulates the …
Posted on May 7, 2020
COSTA RICA PROPERTY MUNICIPAL VALUE REGISTRATION“Law 7509 Real Estate Tax Law”
From PSC Attorneys please check with your lawyer or property manager to ensure your registered property value is correct. Dear Clients and Friends PSC Attorneys wishes you all safe days during this worldwide pandemic due to the COVID-19. …
Updated on March 22, 2020
ATTENTION US CLIENTS – Diversification for your IRA and 401K – Property in Costa Rica
The Stock Market pundits have declared that we are officially in a “bear market”, with many Market indexes having lost more than 30% of their value in record time. We feel it is a good time to take …
