When retirees purchase property in Costa Rica they should be aware of the legal fee and taxes which they will have to pay. Fees are somewhat negotiable as far as who pays them, although they follow certain guidelines. Notary services range between 1% and 1.25% of the value of the property. The minimum fees are

Costa Rica Residence and Liability for Taxation In Costa Rica the taxation of individuals is based on the principle of territoriality, meaning that all personal income which has a foreign source is tax exempt PENSIONS included. Only that proportion of revenue earned by an individual within Costa Rica is subject to an assessment by the

The Closing This article is part of a series I have been writing to help educate retirees and other foreigners about buying a home or property in Costa Rica. In the last couple of weeks I have reviewed the buyer’s relationship with the broker and the seller, tips on due diligence and actually negotiating the