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Hi Scott…I figure you’ll probably answer this one for me. But I’ll take an answer from one of the other talented and educated folks that seem to frequent these pages.
I would guess that many of us on this message board who own property in Costa Rica have purchased it under the auspices of a Sociedad Anonima. An S.A. is a company and the property belongs to the S.A. You buy the S.A. and by means of that ownership, you have the property as well.
There are financial benefits and legal protections when buying and owning land under a Sociedad Anonima. It is similar to the principal of incorporating yourself to protect your personal assets. Unfortunately, we live in a world where corporations have superior rights to real people and we are forced sometimes to take shelter inside these legal instruments. Weird, huh?
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