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Costa Rica Property Buying Realities | Nigaragua News
Costa Rica’s open-door property market for foreigners is changing fast—especially for coastal buyers. While you can still own titled land with just a passport, the first 200 meters from the tide line are state land, leased, not owned. New hurdles include expired tax breaks (Law 9996 ended July 14) and a soaring colón, making dollar payments costlier. Always verify registry details, check for hidden taxes, and ensure survey plans match reality to avoid disputes. Closing costs run 3–5% of price, and escrow is worth the small fee. Post-purchase, annual taxes apply—including a surprise “luxury…
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