Legal FAQ

Why Is Each Property Set Up As Its Own Corporation?

Most Costa Rica real estate is setup as it's own corporation. This is done to protect the buyer and give you all the rights and benefits you can have. A transfer of corporation is much easier, less expensive and has no Capital Gains or inheritance taxes associated with it. This way you as the buyer can stay anonymous as well if you choose. You then can open bank accounts and have debit cards in the name of your corporation where as a tourist would not be able to have such.