Costa Rica welcomes foreign buyers, who may own titled property on the same terms as Costa Rican citizens. The process is well established and, with qualified guidance, straightforward.
Typical steps
- Property selection and offer. Identify the property and submit a written offer outlining price and key terms.
- Purchase agreement. Upon acceptance, the parties sign a purchase agreement (often accompanied by a deposit) that sets out conditions and timelines.
- Due diligence. An attorney verifies the title, registry status, boundaries, liens, permits, and any applicable zoning or environmental considerations.
- Escrow. Funds are commonly held by a registered escrow agent to protect both parties.
- Closing. The transfer deed is executed before a Costa Rican notary, and closing costs are settled.
- Registration. The property is registered in the National Registry in the buyer’s name (or in the name of a holding entity, if used).
A note on ownership structures
Some buyers acquire property through a Costa Rican corporation for administrative or estate-planning reasons. The right approach depends on individual circumstances and should be discussed with a qualified professional.
This overview is provided for general educational purposes and does not constitute legal advice. Engage a qualified Costa Rican attorney for any specific transaction.