Apart from being a beautiful land of stunning scenery, sunshine and smiles and a wonderful place to live there are other excellent reasons to invest in Costa Rica real estate.

1. Achieve true investment diversity. Avoid keeping all your eggs in one basket or in one country and own a second home, apartment or land in Costa Rica.




2. Earn a stable income abroad (you choose whether you prefer US dollars or Costa Rica colones) by renting out your home and having it professionally managed in Costa Rica.




3. Enjoy the security of owning a hard, appreciating asset in a politically stable foreign country which is visited by hundreds of thousands of North Americans each year.





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4. Investing in Costa Rica real estate enables you to store and grow your wealth privately. (Depending on your nationality there could be reporting requirements when you own real estate in Costa Rica so please make sure you seek expert tax advice.)




5. Protect your assets ‘offshore’. Having assets offshore makes them harder to get to or seize. We’ve all read about the “litigation explosion” in the USA so if a serious problem arises, it could be extremely difficult for someone to lay claim to your condo on the beach in Costa Rica.




6. Depending on your nationality there could also be some major tax benefits. (Depending on your nationality there may be tax consequences when you own real estate in Costa Rica so please make sure you seek expert tax advice.)




7. There are no capital gains taxes payable to Costa Rica when you sell your property. Although it’s important to note that depending on your nationality there may be tax consequences in your own country when you sell real estate in Costa Rica so please make sure you seek expert tax advice.





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8. Have you also considered owning an income producing home in Costa Rica in your IRA? Through a Self-Directed IRA, you may be able to purchase rental real estate in Costa Rica, place it with a property manager, and earn all the returns tax-deferred within your IRA. (See note #1 below)








9. The U.S. public pension system is mathematically guaranteed to crash! “It is really a ticking time bomb,” said Charles Millard, Citi’s head of pension relations and former head of the Pension Benefit Guaranty Corporation, the U.S. safety net for private-sector pensions.




10. Enjoy a rich cultural experience. Spending quality time in your home in Costa Rica gives you the opportunity to enjoy a richer cultural experience and lastly…




11. If you ever have an emergency in your own country and need a safe refuge or, when it comes time to retire, you will already have a safe and secure home in Costa Rica to which you can escape…

If you are an active real estate investor who would like to speak with Scott Oliver in private about investing in Costa Rica real estate, please feel free to contact Scott here.

(#1) VIP Members can download the Equity Trust ‘Foreign Real Estate Investment Quick Reference Guide’ here.

Written by Scott Oliver, author of 1: How To Buy Costa Rica Real Estate Without Losing Your Camisa, 2: Costa Rica’s Guide To Making Money Offshore and 3. ¿Cómo Comprar Bienes Raíces en Costa Rica, Sin Perder Su Camisa?

Andrew Makarik

to@welovecostarica.com

Andrew Makarik is the main editor of WeLoveCostaRica, a fan of this sunny country. He is also a loving husband and a has a lovely daughter. By being a devoted family man and the biggest Costa Rica fan, he wants to make more people feel at home there. WeLoveCostaRica unites people and helps them find new home or a new travel destination. This website is a friendly community where everyone can find not only information, but also new friends and travel pals. Andrew is also passionate about IT and programming, so he himself maintains a friendly atmosphere in this cozy environment of WeLoveCostaRica.com.