Buying property in Costa Rica as a foreign buyer

Costa Rica is one of the more straightforward international purchases available to North American buyers: foreign nationals may own titled property on the same terms as citizens. The difficulties are local and specific.

Titled land versus concession

Property inside the maritime zone — the strip measured inland from the high tide line — is generally held under concession rather than fee simple title. A concession is a long-term right subject to renewal and to restrictions on foreign participation. Establish which one you are buying before anything is signed.

Water availability

A lot without a written water availability letter from the local provider may not be buildable, regardless of what neighbouring homes suggest. Treat the letter as a condition, not a formality.

Legal access

Hillside and rural lots frequently rely on easements across neighbouring land. The easement must be recorded, not merely customary. Verify it in the National Registry.

Structure and closing

Purchases are often held through a Costa Rican corporation, which has ongoing filing obligations. Whether that structure is right for you depends on your tax position at home — take advice on both sides before you decide.

We engage local counsel on every transaction and run registry, water and access verification before funds are committed.