#2costaricarealestate #LegalProcess #realestate
In this informative video, Costa Rican lawyer Alejandro Pignataro from Pignataro Abogados explains the process of purchasing fee simple property in Costa Rica as a foreign national. He covers topics such as the rights afforded to foreign nationals in terms of ownership, the steps involved in the purchase process including LOI and SPA, due diligence, and the closing process. He also provides insight into typical closing costs, which include transfer tax, public registry stamps and duties, legal fees, and the cost of setting up a Costa Rican entity. If you're considering investing in real estate in Costa Rica, this video is a must-watch for any foreign national.
