Costa Rica Livin’

Frequently Asked Questions

Straight answers to what buyers ask us most: whether foreigners can own property, what closing costs run to, how long closing takes, and whether you have to be in the country to buy.

We know that buying property or relocating to a new country comes with a lot of questions — and that’s a good thing. Whether you’re exploring Costa Rica for the first time or getting serious about investing or moving, clarity is key. At Costa Rica Livin’ Realty SA, we believe informed decisions are the best decisions, and we’re here to guide you every step of the way.

Below you’ll find answers to the most common questions we receive from clients around the world — from legal concerns and property taxes to rental potential and lifestyle details. If you don’t find what you’re looking for, feel free to reach out. We’re happy to give you honest, straightforward guidance based on real local experience.

The figures on this page were last checked in September 2026. Fees and tax rates change, and what applies to your purchase depends on how the property is held — your attorney confirms the exact numbers in writing before you sign anything.

Can foreigners own property in Costa Rica?

Yes. Foreigners have the same legal rights as locals when it comes to owning titled property in Costa Rica — no restriction, no minimum, no residency requirement. Two things are not titled property and are worth knowing before you make an offer: a derecho, which is an undivided share in a property rather than a piece of it, and beachfront concession land, where a foreigner without five years' residency is limited to 49%. How property is owned in Costa Rica explains all three.

What are the closing costs when buying?

Budget 3% to 4% of the purchase price: the 1.5% transfer tax, about 0.8% in registry and other stamps, and notary fees of roughly 1% to 1.25%. The transfer tax and the stamps are fixed by law and nobody can negotiate them. What it costs to buy and own property in Costa Rica breaks down every line, and the annual costs that begin after closing.

Do I have to be in Costa Rica to buy?

No. It can be done remotely through a special power of attorney — which needs an apostille if you sign it outside Costa Rica — with the funds moving through a SUGEF-registered escrow. We still recommend visiting first, because photographs do not convey a road in October. Buying from abroad without being in the room sets out what a remote closing needs.

Does buying property give me residency?

No. Owning property here gives you no immigration status at all — the two are separate systems. A large enough purchase can satisfy the investment requirement of the inversionista category if you apply for it deliberately, but the threshold is unsettled as of September 2026 and should be confirmed in writing with immigration before you rely on it. Does buying property get you residency in Costa Rica? explains the three routes and where the uncertainty sits.

How long does closing take?

Once an offer is accepted, closing usually takes 30 to 60 days. Due diligence is what moves that number — a clean, registered title with no survey questions closes at the short end, and anything needing a corrected plano, a concession review or a corporate restructure takes longer.

Which areas are the best places to buy?

That depends on your goals — rental income, lifestyle, privacy, or growth. We work four regions and have written up each one: Coco, Ocotal, Hermosa, Panamá and the Papagayo Peninsula, which is our home turf and the shortest airport run in the country; Tamarindo, Flamingo, Marbella and the surf beaches; Lake Arenal and the towns around it; and Jacó, Herradura and the Central and South Pacific. We’ll help match your vision with the right location.

Do you help with more than the purchase itself?

Absolutely. We assist with everything from finding schools and service providers to legal advice, residency referrals, and lifestyle guidance. You’re not just buying property — you’re planning a new life, and we’re here to help.

Can I rent out my property when I'm not using it?

Yes, many owners generate income through long-term or vacation rentals. We can connect you with trusted local property managers if that’s your plan.