Author: Ivo Henfling

All About Costa Rica Property TaxArtboard 2

All About Costa Rica Property Tax

Estimated Reading Time: 7 Minutes The annual Costa Rica property tax runs from the 1st of January until the 31st of December. You can pay the property tax quarterly. The percentage of the yearly property tax is 0,25%, as regulated by Law 7509. The correct way of calculating the Costa Rica property tax or impuesto…

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Parking your car in Costa RicaArtboard 2

Parking your car in Costa Rica

Estimated Reading Time: 5 Minutes You’d say, “What is so difficult about parking your car”? It seems simple, but let me tell you a few things. It might save you from getting a ticket, having your tag taken, or getting your car scratched all over. Once you move to Costa Rica and drive your own…

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Costa Rica escrow and real estate closingArtboard 2

Costa Rica escrow and real estate closing

Estimated Reading Time: 7 Minutes What is Costa Rica escrow, and why should you use escrow for a real estate closing? Is it really necessary? The Costa Rican authorities don’t want you to purchase a property with a wheelbarrow full of money. For many years, cash purchases happened all the time. Worldwide, authorities want more…

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How we measure properties in Costa RicaArtboard 2

How we measure properties in Costa Rica

Estimated Reading Time: 4 Minutes Did you know we might measure properties in Costa Rica differently than you do? It depends on which measurement system you were educated in. When in school, you might have learned to measure properties in yards, inches, square feet, and acres. In our beautiful country, all that is no good,…

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