Luxury Home Taxes

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  • #193556
    2bncr
    Member

    Four questions:

    1 I was reading about the proposed residency requirements and I began to wonder about the other anti-residency effort – the proposed luxuary home tax. Did it pass?

    2 I would like to know if this is a tax on the structure, or is the basis for determining the tax value of the property based on the structure and the land?

    3 Will raw land be subject to Luxuary Home Taxes?

    4 So what happens if you do not pay your property taxes in Costa Rica. In the states after 5 years there is a tax sale, but what happens here? Does anybody know?

    #193557
    Andrew
    Keymaster

    1. There is no “anti-residency effort” – There are certainly changes that have been proposed…

    2. Please see [ https://www.welovecostarica.com/members/1981.cfm ]

    3. No!

    4. Similar thing but it would happen a long time before five years.

    Scott Oliver – Founder
    WeLoveCostaRica.com

    #193558
    2bncr
    Member

    Thank you for the quick reply.

    I read the the material contained in the link.

    I do appreciate your answers but on number 4 I am looking for a definative answer. Do you or anybody know of someone who has had their property sold at a tax sale? I googled and could not find anything about property being sold at tax sale.

    I did however talk to someone who said that if back taxes were owed, that the property could not be transfererd – effectivly blocking the sale unless the taxes were made current either before or from proceeds of the sale. They had never heard or a property being forclosed for not paying property tax.

    #193559
    Andrew
    Keymaster

    I do not know anybody that has lost their property. This information would most likely be in Spanish anyway… Did you search in Spanish or in English?

    #193560
    2bncr
    Member

    Spanish

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