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Are foreigners allowed to own property in Costa Rica?

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When we asked expats in Costa Rica if foreigners are allowed to own property, they answered...

"Yes, foreigners are allowed to own property in Costa Rica. The country has a long-standing tradition of welcoming foreign investment and has a legal framework in place to protect foreign property owners. Foreigners can purchase property in their own name, or through a corporation, and can also obtain long-term leases. In addition, Costa Rica has a number of incentives in place to encourage foreign investment, such as tax exemptions and other benefits," remarked another expat who made the move to Costa Rica.

"Absolutely not. Foreigners can purchase property in Costa Rica. You do not need to be a citizen or resident. If you have the money, look and purchase to your content," explained one expat living in Playa Jaco, Costa Rica.

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Are foreigners allowed to own property in Costa Rica?

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About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Ferry Crossing Laguna de Arenal in Costa Rica

Immigration Help Costa Rica
Immigration Help Costa Rica

Costa Rica Legal Residency is a bi-lingual boutique firm with 15 + years of successful experience on Residency, Renewals, Digital Nomad, and Citizenship.
Learn More

Immigration Help Costa RicaImmigration Help Costa Rica

Costa Rica Legal Residency is a bi-lingual boutique firm with 15 + years of successful experience on Residency, Renewals, Digital Nomad, and Citizenship.
Learn More

Digital-Nomad-Visa-for-Costa-RicaDigital Nomad Visa for Costa Rica

Learn about the Digital Nomad Visa for Costa Rica and what is involved in obtaining one. This is one of the most important aspects of moving to Costa Rica as a digital nomad.

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