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Costa Rica | Are foreigners allowed to own property in Costa Rica? | Digital Nomad Exchange
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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...

"No, foreigners can own property with the same rights as locals. However, I personally wouldn't buy until I had legal residency. Many nonresidents do buy and don't have any problems, but I'd personally want the right to live in the country before I invested money in it. Related is that absentee-ownership is asking for problems. Unless it's a condo at the beach with a rental program, I wouldn't recommend buying without living here, and I wouldn't count on living here without legal residency," said a member in San Jose, Costa Rica.

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"No I don't think so. If any, I may presume it is if you haven't yet applied for Temporary Residency (Rentista) though I don't know if that's necessary; check with a reputable Attorney," remarked another expat who made the move to 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 from Puntarenas to Paquera, Costa Rica
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