Why Costa Rica Real Estate?
No Ownership Restrictions
No Restrictions
Costa Rica is one of the few countries that receive foreigners with open arms and provides inclusive laws that protect and provide for not only the citizen, but the foreigner as well. Due to Costa Rica's open door policy to foreign investment and the country's secure property rights, it is one of the most popular destinations for real estate investment. Costa Rican laws and the constitution safe-guard private ownership of land and structures to natives and foreigners have the benefit of the same privileges as citizens. There are almost no restrictions to ownership of land, except that given or sold to Costa Rican citizens as part of government programs, which can be freely trade or acquired by foreigners once the original owner has owned it for a specific period of time. Neither citizenship nor residence or even presence in the country is required for land ownership.
Maritime land and ocean front land have special rules and regulations restricting ownership, but they are no more restrictive to foreigners than they are to locals. Usage of these lands is feasible, but there are special rules and regulations.
