All Posts in Category: Blog

Government Transfer Tax and Registration Fees. Real Estate Transfer Tax. – The government collects a property transfer tax (Impuesto de Traspaso ) which is equal to 1.5% of the registered value of the property. Documentary Stamps – The government also requires that documentary stamps be attached to the deed. These stamps include the following: Municipal…

PURCHASING TITLED PROPERTY (with an escritura) Buying property in Costa Rica is a safe and simple procedure if you follow some simple guidelines. I say safe because Costa Rica is a long established democracy that affords foreigners all of the same land ownership guarantees by constitution as it does its citizens on titled properties. I…

Information you need to know about how to set up a Costa Rican bank account including documents you must provide. 1. Costa Rica has Government Owned Banks and Private Banks, government banks are bonded by the Government and more cumbersome to work with, private banks are not insured and more versatile/user friendly. Government banks are:…

Please remember that next Monday, April 30th is the last day you can pay your corporate tax without being charged a fine by the Costa Rican government. If you are going to dissolve your corporation, you do not need to pay the tax now, but the corporation would then need to be dissolved by July…