Why Costa Rica Real Estate?
Ocean Front Real Estate
Foreign Ownership
For a foreigner to obtain a concession they must have had legal residence in Costa Rica for a minimum of five years before applying for a lease. If you do not have five years of residence in Costa Rica, you can be up to a 50% investor in a beach front property.
Corporations are typically formed to buy Costa Rican real estate. Within the maritime zone, no corporation with shareholders can invest.
Any company with invested capital or shares provided by more than 50% foreign investment cannot lease concessionary lands either.