Costa Rica Fee Simple Title
Costa Rica Titled Property In The National Registry
The Gold Standard Is Having Registered Title in The Costa Rica National Registry.
Costa Rica Fee Simple Title is absolutely the best and most comprehensive way to take a title in Costa Rica. Both the United States and Costa Rica use the Fee Simple form of title which gives you the right to own the property, build subject to local zoning laws and sell it. Fee Simple type of ownership is the same for foreigners as it is for Costa Rican Nationals.
Having a Costa Rica Fee Simple Title will give you the most rights and benefits of land ownership under Costa Rican law.
Doing your due diligence on the title is extremely important and is the one thing you must do prior to making an offer of purchase on any type of property in Costa Rica.
Via the National Registry, you are able to check for who owns the property, any affectations such as liens, mortgages, encumbrances and easements against the title in question.
REMEMBER: One time sale of a property per year is not subject to Capital Gains.(Always consult your Atorney on current Costa Rica Tax Laws
Check The Registry!
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