Author: Ivo Henfling

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What is Bajarse los Pantalones in Costa Rica

Bajarse los Pantalones is to give in on a dishonorable negotiation. If someone has lowered his pants when he accepts conditions that are clearly unfavorable to him. Now, that we’re in a tremendously difficult market right now. But don’t feel bad. Is there a lot of competition in your price range? Or is your property…

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Dealing with home financing in Costa Rica

Estimated Reading Time: 6 Minutes Are you dealing with home financing in Costa Rica or will you be soon? Then you will find this a very useful blog. Purchasing a home is a huge responsibility, especially if you think you can afford it but can’t find any home financing. Often, future expats start shopping for…

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40 Smart Steps to Take before Renting a Home in Costa Rica

Estimated Reading Time: 11 Minutes Now you probably say “40 smart steps to take before renting a home”? Why so many? You would think that renting a home in Costa Rica is easy. It is when you already live in the country, and if you speak Spanish, it’s a piece of cake. But when you’re…

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The 10 things I hate most about bad landlords

Estimated Reading Time: 5 Minutes A reader suggested I should do a blog about bad landlords. Recently, I did a blog on the 9 things I hate most about tenants in Costa Rica. Thanks, Molly for your suggestion. The fact is that no matter if you rent in Costa Rica or elsewhere, you’ll find bad…

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What is amarrar el perro in Costa Rica

Amarrar el perro is to tie down the dog. But in Costa Rica, amarrar el perro is something that might happen to you if you’re not careful: Someone you know asks for a loan but will never pay it back. There is a good reason for not making that loan.  The reason is that you…

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23 Awesome Mortgage Tips for a Property Purchase in Costa Rica

Estimated Reading Time: 6 Minutes If you are looking to make a property purchase you’ll love the mortgage tips. In fact, using these mortgage tips will save you time, money, and effort. When you go to view houses on sale, the seller’s agent may make the buying process seem easy and straightforward. If the price…

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5 Costa Rican Vacation Essentials to Pack

To spend your vacation with no worries, it’s important to think about your vacation essentials. Costa Rica is a land of many wonders. From nature and welcoming people to adventurous activities, good food, and plenty of heritage and culture, there is something here for every visitor. Moreover, the fact that the country shares a coastline…

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Inactive corporations in Costa Rica must declare assets in 2021

In December 2019, the Costa Rica Tax office published a resolution that starting 2021, existing inactive corporations must declare their assets. This must be done between January 1st and March 15th, 2021. New corporations will have to do this starting 2020 but let your attorney worry about that when he/she constitutes a new corporation for…

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What is guácala en Costa Rica?

When the food is awful, you say guácala. But when it’s great you say esta riquísimo! The word guácala means horrible, disgusting, distasteful, yuck, dreadful, gross or nasty. Even if you’ve never had anything like it, and they serve you a Gallo Pinto, don’t say guácala. Just tell the host or anfitrión, no, pero muchas…

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10 Most Read Live in Costa Rica blogs 2019

It’s amazing how many people have enjoyed our bi-weekly Live in Costa Rica blogs 2019. What’s even more important is that blogs written 6 years ago get so much attention. Imagine that #10 was written in 2012. The #1 blog even had 32 views per day during 2019! I still enjoy writing Ivo’s blog and…

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5 Important hurdles when doing business in Costa Rica

Estimated Reading Time: 6 Minutes Do you think you can survive doing business in Costa Rica? Well, it’s easy for some, but for others, it’s more difficult than they think. Of course, nobody wants to talk about how difficult it can be to do business in Costa Rica. But here we do because we want…

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What does Pura Vida mean – Where does it come from?

Estimated Reading Time: 5 Minutes As soon as you arrive in Costa Rica, you’ll hear the words, Pura Vida, all the time. Keylor Navas, the famous Costa Rican goalkeeper uses Pura Vida all the time. Costa Rica might be famous for its nature, the beaches, and its coffee, but everyone is learning about Pura Vida.…

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11 Reasons to live on a Costa Rican golf course

I’m not a golf player myself, but would I live on a Costa Rican golf course? From a real estate investor’s point of view, yes, I would. I’m also quite sure my wife would love a Costa Rican golf course as her landscaped backyard. Studies show that only 30% of the residents of a golf…

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Warning: Chris Schoo of Dutch Grecia Realty is NOT GoDutch Realty

Watch out, Chris Schoo of Dutch Grecia Realty doesn’t belong to our real estate organization. He is not our friend, partner or employee. The only thing we have in common is that he carries the Dutch Nationality and that he works in the same city as Brooke Bishop. Why this warning? Because we have a…

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8 Common condominium bylaw restrictions in Costa Rica

Thinking of buying or renting a condominium in Costa Rica? Then you should know about some of the condominium bylaw restrictions first. Maybe there are restrictions that won’t allow you the living comfort as expected. Bylaws are very important when you live in a condominium. Actually, they can give you a lot more living comfort…

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Costa Rica looking forward to $400 million casino resort for tourism and real estate boost

A casino resort is normally a big-time real estate investment involving millions of dollars. The latest such mega casino establishment to grace the gambling world will not be inaugurated in Las Vegas or Macau. It will be inaugurated right here in Costa Rica. A $ 400 million project known as Casino City Caribe is currently…

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