Starting off, let’s immediately debunk a fallacy: a corporation is not required in order to own property in Costa Rica. If you buy property in Costa Rica, then buy property, do not buy a corporation. People have been sold the idea that they are required to have a corporation to […]
Under Costa Rican law, the following options are available to purchase and to own real estate. Fee Simple Absolute This option is the absolute title for a piece of land, free of any other claims against the title, which one can sell or pass to another by will or inheritance. […]
When purchasing a property you want to make sure you are not buying into a problem. Sadly, there are enough stories out there about bad real estate deals. Most of the time people act with lack of knowledge. A significant challenge in Costa Rica is that there is no mandatory […]
This is a recurring question among expats. We are going to address this issue from two perspectives, from a business perspective and from an expat perspective. Business Perspective Corporations have two primary purposes: To amass capital from different investors or partners for the furtherance of common business goals, and To […]
Purchasing a property is an investment. Nobody decides to buy a piece of property with the expectation to lose money. Just like any other investment, you need to do some due diligence to determine that it will be a sound investment which includes avoiding risk. A due diligence helps you to […]
Unfortunately, I have seen and heard enough stories of people losing thousands, or millions of dollars because of bad real estate transactions. Sadly, more often than not, people look for legal advice when they already have gotten into a problem. It is rare for people to think of legal services […]
oo I am always baffled when dealing with real estate transactions, particularly because of the lack of knowledge of the parties involved in the transaction. I do not necessary hold the buyer or the seller responsible since they rely on professionals such as attorneys or real estate agents in order […]
The mass wedding on Valentine’s Day went well. We were able to marry 73 couples. Apparently, everyone had a great time. A lot of other people have had a lot of questions about the mass wedding. I would like to be able to answer all of the pertinent questions. Therefore, […]
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