Everything You Need To Know About Investing In Costa Rica…

Costa Rica Investment Properties is pleased announce a relationship with Redwood Home Lending, a licensed residential mortgage lender offering financing for US and Canadian citizens.

Redwood Home Lending is offering rates as low as 8.5% with 30-40% down-payments on 30-year fixed-rate loans for qualified individuals.  For more information please click HERE

Seller Financing is also available on select properties.  These options usually vary from 25-50% down, with rates from 7-9%.  Terms are typically 2 to 5 years

Did you know that you may be able to purchase a Foreign Investment Property with your Self-Directed IRA?.  For more information on this please read this Off Shore Real Estate Flyer 

For more info from a Certified Real Estate IRA Agent please contact: Kevin@CostaRicaInvestmentProperties.com

It is highly suggested that Foreign Investors create a Costa Rica form of an LLC known as an SRL. It is always best to check with your Lawyer and or CPA in this case. We will put you in contact with Lawyers and CPA’s in Costa Rica that already work with foreign clients.

New Construction is a wonderful thing because it is brand new, comes with a 5-year builders warranty and in some cases you can make some minor / custom changes. Pre Existing Properties are great and if managed correctly can be rented out quickly. It is highly suggested to obtain a Builders Inspection for pipes, electrical and mold. Please contact Kevin@CostaRicaInvesmentProperties.com for consultation on your requests, ROI’s, areas, etc

There is both Concession Land and Fee Simple aka “Titled Land” in Costa Rica. We introduce you ONLY to Fee Simple property opportunities. Titled Land means that you own 100% of the property yourself or in your structured corporation. You hold the Title!

Absolutely Not! Again as stated above, this is your property for you to live in, rent out, vacation rental, share with family and friends, etc. There are opportunities for Fractional Ownership as well, which are not Time Shares.

Just like any other country around the world… You are obligated to pay taxes in the country you make “profits” in. We are more than happy to make introductions to CPA’s that look over our current investors.

Closing costs can be from 3.5% to 4% of the value of the property.

Just like your current rental property you may already own, we have property managers that we work with you directly.

HOA’s or Maintenance Fees frequently known in Costa Rica are very similar to those in the other countries. They generally take care of and manage the exterior of your property, external insurance, landscaping, pay for 24/7 security, etc. CAUTION! Make sure that you check with your Realtor and or Lawyer to see if the HOA’s are current and in good standing. Also check to see if there are any assessments that may be coming up.

Most likely because you have never been to Costa Rica. Costa Rica has a strong growing economy and one of the highest literacy percentages in the world.