Costa Rica real estate transfer fees and taxes


Real estate property is taxed at an amount of #2.500 annually for each million. It is the obligation of the owners to declare the amount of their properties to the corresponding municipality at least every 5 years.



TRANSFER FEES AND TAXES FOR REAL ESTATE IN COSTA RICA

SALE AND PURCHASE:

- ATTORNEYS FEES: between 1 % and 1.5 %
 -STAMPS: approximately 1.1 %
- TRANSFER TAX: 1.5 %
 - THE AMOUNT is paid for the declared value of the sale in the deed or in the registry of the corresponding municipality, whichever amount is larger.

MORTGAGES:
Constitution: approximately 50% of the transfer cost (above the amount of the mortgage) Withdrawal for cancellation: approximately 50% of the cost of the constitution of mortgages). These processes are not charged the " transfer tax " of 1.5 %; therefore, what is indicated as the percentage of the cost, with regard to property sale, refers to amounts "a" and "b."

RENTS AND OPTIONS TO PURCHASE:
These are private contracts, not made obligatorily before a Notary Public. Some people request that this is done before the notary, or that the "specific date" is recorded or the signatures are authenticated. In any case, this type of contract is equally valid with mere signature by the parties, since “the contract is law between the parties,” and the difference that may exist is with regard to the "proof" in the case of court proceedings, since the notary holds public trust. If the contract is made privately -without the participation of a Notary Public- and some of the parties deny the authenticity of their own signature, a handwriting analysis of the same by a professional recognized by a Supreme Court must be presented as proof. Costa Rica Real Estate listings

REAL ESTATE PROPERTY TAX LAW
 Real estate property is taxed at an amount of #2.500 annually for each million. It is the obligation of the owners to declare the amount of their properties to the corresponding municipality at least every 5 years.

TAX OF 15% FOR FOREIGN REMITTANCES, FOR PAYMENT OF SERVICES:
 In the case of "foreign remittances" for payment of services, these are subject to a tax of 15%.

 

San Jose Real Estate: Curridabat, Desamparados, Escazú, Santa Ana, Pérez Zeledón, San Isidro del General, Aserrí, Montes de Oca y San Pedro, Moravia, San Vicente, Mora y Colón, Goicoechea y Guadalupe, Tibás y San Juan, San José Capital ( Pavas, San Sebastián, La Uruca, Mata Redonda )
Guanacaste Real Estate: Tamarindo, Santa Cruz, Filadelfia, Playa Hermosa, Playas del Coco, Nicoya, Sámara, La Cruz,
Alajuela Real Estate: Atenas, Orotina, Palmares, San Ramón, Grecia,
Cartago Real Estate: Tejar, Paraíso, Tres Ríos, Turrialba, Cartago
Herida Real Estate: San Antonio, Heredia, San Joaquín, Santa Bárbara, Santo Domingo, San Isidro
Puntarenas Real Estate: Puntarenas, Esparza, Jacó, Parrita, Quepos, Península de Osa, Golfito,
Limon Real Estate: Guápiles, Siquirres, Puerto Viejo

San Jose Homes: Curridabat, Desamparados, Escazú, Santa Ana, Pérez Zeledón, San Isidro del General, Aserrí, Montes de Oca y San Pedro, Moravia, San Vicente, Mora y Colón, Goicoechea y Guadalupe, Tibás y San Juan, San José Capital ( Pavas, San Sebastián, La Uruca, Mata Redonda )
Guanacaste Homes: Tamarindo, Santa Cruz, Filadelfia, Playa Hermosa, Playas del Coco, Nicoya, Sámara, La Cruz,
Alajuela Homes: Atenas, Orotina, Palmares, San Ramón, Grecia,
Cartago Homes: Tejar, Paraíso, Tres Ríos, Turrialba, Cartago
Herida Homes: San Antonio, Heredia, San Joaquín, Santa Bárbara, Santo Domingo, San Isidro
Puntarenas Homes: Puntarenas, Esparza, Jacó, Parrita, Quepos, Península de Osa, Golfito,
Limon Homes: Guápiles, Siquirres, Puerto Viejo