Buying property in Costa Rica as a foreigner: the essentials

Costa Rica is one of the few countries in the region where a foreigner can buy and hold title to property in their own name, with the same rights as a citizen. You do not need residency or a local company to buy titled property.

A clear registry system

Every property has a folio number in the National Registry and a registered survey plan. Before committing, your attorney reviews the title study: who owns it, any mortgages, liens or easements, and whether the survey matches what you see on the ground. At DISTRICT we request these documents from day one and review them with you.

The maritime zone

Beachfront land follows a different rule. The first 200 metres from the high-tide line belong to the State: the first 50 are public, and the next 150 are granted as municipal concessions, not titled property. For foreigners, holding a concession in their own name involves additional residency requirements. On the coast, it is essential to know whether you are buying titled land or a concession.

The question is not only what it costs, but what exactly you are buying.

How the process works

You sign an option to purchase with a deposit, usually held in escrow. During that period the legal, technical and zoning review is completed. A public notary formalises the transfer and records the deed in the National Registry.

Costs to plan for

At closing you pay the transfer tax (1.5% of the value), plus stamps, registry fees and notary fees. Total closing costs usually land between 3% and 5% of the price. Each year there is a municipal property tax (0.25% of the registered value) and, for high-value homes, the luxury home tax.

Our advice

Work with an independent attorney, buy through escrow, and never skip the title review, however attractive the opportunity. We coordinate the whole process and introduce you to the professionals we trust.

General information. Not legal or tax advice: confirm every case with your attorney.