Many foreigners are drawn to the natural beauty, warm climate, and laid-back lifestyle that this stunning country offers. But one question that often comes up is whether foreigners can own property in Costa Rica. Well, the good news is, yes, they can!
For expatriates living in Costa Rica, having a reliable and user-friendly banking institution is important. The ease of managing finances, paying bills, and handling taxes becomes crucial for a seamless expat experience.
In the ever-evolving world of investments, wise financial decisions can lead to substantial gains. Before delving into the blog, it's important to clarify that, by no means, am I a financial adviser.
This is not a fun or happy subject to write about, however, I felt it was an important topic, and if you are considering buying a home in Costa Rica, you should read this. This article is a true life story that happened to a client of one of the agents in my group. This experience highlights the importance of getting one's legal affairs in order before deciding to purchase property in Costa Rica.
Here are 5 lesser-known facts about US Social Security the every Ex-Pat should know.
Social Security is often the foundation of retirement plans but many Americans have been paying into the system for years without knowing how the system actually works – especially when they retire abroad. Here are 5 lesser-known facts about Social Security that any retiring ex-pat needs to know.
One year ago, the Legislative Assembly of Costa Rica approved the “Digital Nomad Law” but never got around to the regulations. Thankfully on July 4th, 2022, President Rodrigo Chaves approved the regulations of the “Digital Nomad Law” to finally start attracting digital nomads/remote workers to come to Costa Rica! The good news is, the visa process is much simpler than initially proposed.
Creating a last will and testament is the responsible and right thing to do for your loved ones. Find out why and how to get this done.
Thinking of throwing in the towel, tired of being bossed around and under-appreciated by your boss or the company you work for? The Team at Tres Amigos Realty in Playa Hermosa, came up with a list of Costa Rica business ideas we think would be profitable for the owner and good for the area as well.
I get asked this all the time. “Can I open a bank account in Costa Rica”? The simple answer is yes! But you need to know the limitations that are involved. It also depends if you are opening a personal account or a corporate account. There are restrictions set by the “SUGEF”, the General Superintendent of Financial Institutions. This is basically the banking regulatory commission of Costa Rica.
