chilimoya

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  • in reply to: Expats and Congress Fighting FATCA and FBAR #201779
    chilimoya
    Member

    I was wondering if anyone had heard anything or had personal experience with private banks like HSBC, now Davivienda, or Scotiabank, or any others, closing accounts from U.S. citizens or refusing new accounts in Costa Rica due to these regulations? As in, they don’t want to be bothered with all the hassle so it’s easier to not have U.S. customers.

    The reason I ask is that, according to a friend, it is happening in Uruguay. There’s been a systematic closure of all accounts held by U.S. citizens.

    in reply to: Mortgages in Costa Rica #164658
    chilimoya
    Member

    Thanks so much, Scott, for the info.

    Sounds like securing a mortgage in the U.S. is the best option. I wasn’t aware you could get financing back home for a purchase overseas. That would be for standard mortgages – like 30 year fixed and such?

    As you can tell, I’m in just the beginning stages of house hunting down here.

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