It’s illegal for banks that aren’t domiciled in Costa Rica to advertise their services – illegal to advertise, but not illegal to provide those services. As the rest of the world has caught wind of the real estate boom in Costa Rica, some foreign banks have begun sniffing around, looking to offer mortgages in Costa

Choosing a bank If you are buying a new condo or home from an experienced developer, chances are he or she already has a relationship with a bank that has agreed to finance buyers. The advantage here is two-fold. First, a development that has been pre-approved for financing by a bank is a development that

At its most basic, the Costa Rican banking system can be separated into public and private banks. Public banks, owned by the government, have dominated Costa Rican consumer banking until relatively recently. There are three. Banco Nacional and Banco de Costa Rica are the two you would deal with in the unlikely event that you end up seeking financing