How do Costa Ricans take title to property?

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  • February 21, 2012 at 12:00 am #172009
    Versatile
    Member

    How do Costa Ricans take title to property(real estate)? Do they put the property in corporations like expats do?

    February 21, 2012 at 2:57 pm #172010
    watchdog
    Member

    Costa Ricans take title to property through acquiring shares in a registered owner corporation, or in their personal name, in the same manner as expats do. They are more likely to take title to a residential property in their personal name and a commercial property through acquiring shares in a registered corporate owner.

    February 21, 2012 at 2:58 pm #172011
    maravilla
    Member

    the tax rate is lower if a property is held in your personal name and not the name of a SA.

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