Ivo’s Blog by Godutch Realty

a Costa Rica real estate blog

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Los Chiles Visa Renewal Border Run

I went on my first border run to the Tablillas crossing, better known as Los Chiles. Many of my clients need to go on the 90-day border run. Usually, that’s because they have not received their residency papers yet. Generally, when you come into the country, they give you a 90-day visa. Once that is…

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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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Would you prefer Guaro or a Chiliguaro?

You’ll ask “what’s Guaro? And what’s Chiliguaro?”. Well, it all started with simple guaro. Guaro is a sugar cane – made clear liquor, similar to aguardiente. It was once the moonshine of Costa Rica. Now, it’s fabricated by the state-owned FANAL or Fabrica Nacional de Licores, in Grecia. It is marketed with the name Cacique…

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Smart Guide for buying property stress-free in Costa Rica

Estimated Reading Time: 8 Minutes Buying property stress-free is like being a mom raising your first kid. It’s almost impossible to keep it stress-free unless you know what you’re doing. Just like parenthood, becoming a homeowner is wonderful, but challenging at first. But most of all, it’s exciting. If you know what you’re doing. It’s…

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10 ways to beat the urge of buying property in the wrong place

Buying in the wrong place can change your life tremendously. Honestly, I’ve met people who have wanted to hang themselves, because of it. I’ve written a blog about that before. Unfortunately, I get listing requests from people who purchased in the wrong place all the time. Of course, they are desperate to sell! You have…

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What is Qué Polada in Costa Rica

Estimated Reading Time: 4 Minutes If you want to get along with your Tico neighbors, you really don’t want to commit una polada. You don’t want those Tico neighbors or friends to think that you are a person of little culture and education. Because then you’ll be a polo. Polada = stupidity, an act of…

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10 Types of Expats in Costa Rica

Estimated Reading Time: 5 Minutes Which type of expats in Costa Rica do you belong to? I saw an interesting survey about types of expats worldwide on InterNations. In 2018, Costa Rica scored # 7 on the best expat destinations. That’s pretty awesome if you see that we’re #7 out of 68 countries. Of course,…

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