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Any one know of any movement in the moritorium on concession granting? I know I have posted this question before but….. no answers.
Koty
I’ll give you the same answer (I think) koty…
I know MANY well-known Costa Rican real estate attorneys that refuse to give advice on this topic because it’s so incredibly complex, variable and time consuming so I apologize ahead of time, I don’t think you’ll find the answers here in our forum
Scott Oliver – Founder
WeLoveCostaRica.comThanks Scott, I know the issue is very confusing. I just have to wonder, with all of the beachfront properties that are being sold there has to be other people out there who are in the same situation that we are. Basically, that we own the rights to a piece of concession land but no building permits are being issued due to a case in the court system between two regulating agencies who want to have rights to grant concessions and thus building permits. I know I saw an article this spring about the issue in the paper because it is losing a lot of tax revenue for the country as this case is being decided. Local municipalities are not collecting the taxes they could if concessions were granted and people started building. Ok, if anyone knows anything or has heard anything let me know. The whole thing is teaching me all about patience.
Koty
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