The best Beach Properties in Costa Rica

new law

The Capital Gains Tax and How It Will Affect Real Estate Transactions

For many years property owners in Costa Rica never had to worry about Capital Gains Tax when selling their Costa Rican real estate. The existing law only applied capital gains tax to real estate developers that were in the business of developing and selling real estate. Everybody else was exempt. Recent changes to the Costa Rican tax laws implemented an across the board Capital Gains Tax (Ganancias de...

The New Law About the Corporate Shareholders Registration

Text translated, adapted for English, and taken from the Costa Rican national newspaper La Republica. This article was published on Monday, December 10th, 2018. It was written by Costa Rican lawyer Douglas Soto. For the original Spanish version follow this link: As a mechanism to provide the State with more tools to...

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