Solidarity Tax over Luxury Homes in Costa Rica – The Luxury Tax or Impuesto a las Casas de Lujo

By: Quatro Legal What is the Solidarity Tax? The “Solidarity Tax for the Strengthening of Housing Programs”, known as “Solidarity Tax” or “Tax over Luxury Homes”, was enacted in 2008 by Act 8683, and is an annual tax, that must be paid every year on January 15th at the latest. This tax is applicable to … Continue reading Solidarity Tax over Luxury Homes in Costa Rica – The Luxury Tax or Impuesto a las Casas de Lujo

The Need for an Escrow Account in Real Estate Transactions in Costa Rica

Escrow accounts in Costa Rica are strictly controlled by SUGEF (Financial Institution Superintendency) for money laundering, so there are very few attorneys who hold an account unless they do a lot of Costa Rica real estate closings. According to the money laundering laws in Costa Rica, when wiring over $10,000 to a local bank account, … Continue reading The Need for an Escrow Account in Real Estate Transactions in Costa Rica

Capital gains tax on real estate transactions: things you need to know!

Over the last few months, Quatro Legal’s real estate department has been constantly getting questions and concerns from property owners, investors and realtors, about the impact of the capital gains tax on their investments, as well as the process to complete its filing. Moreover, the Tax Agency has been actively reaching out to Public Notaries … Continue reading Capital gains tax on real estate transactions: things you need to know!

Yali Alpízar – HighEnd Luxury Real Estate Expert

Top Luxury Real Estate Expert – Yali Alpizar “We are facilitators in life progress,” says Yali Alpizar, owner and principal broker of Costa Rica Luxury, the top luxury real estate boutique in Costa Rica. “Moving to Costa Rica is an amazing life experience for our clients and we love to be a part of that.” … Continue reading Yali Alpízar – HighEnd Luxury Real Estate Expert

10 Norms of the New Normal for Luxury Real Estate

By. Yali Alpizar - Broker/Owner * yali@costaricaluxury.com It is a Buyer´s MarketWorking from home has become a way of lifeSocial distancing has put a new value on extra spaceUnique properties for sophisticated buyers, and properties that are perceived as a bargain, are on demandRepricing is a must. Properties have to be priced correctly or people … Continue reading 10 Norms of the New Normal for Luxury Real Estate

Covid Update for Costa Rica as of September 2020 – Flight restrictions and other instructions for USA citizens

In the following link you will find an update from the American Embassy, with a clear explanation of the new regulations for entering Costa Rica from different parts of the United States: https://cr.usembassy.gov/200829-travel-alert/ Briefly the main considerations, but it is important to read the full article: The Ministry of Health expanded the list of states … Continue reading Covid Update for Costa Rica as of September 2020 – Flight restrictions and other instructions for USA citizens

Living in Cerro Alto, Escazu, a lifestyle in premium location

The Deck House in Cerro Alto Benefits of living in a gated community in order of importance SecurityPrivacyIncreasing property valueNo unauthorized people at the doorSense of communitySlow trafficSafe and friendly for childrenPet friendly controlledAccess to private amenities in the Club HouseA lifestyle Residential Cerro Alto is the most important gated community of Escazu.   Cerro Alto … Continue reading Living in Cerro Alto, Escazu, a lifestyle in premium location

Five Things you should know about buying luxury property in Costa Rica

Click to view properties Under Exclusive Representation by Costa Rica Luxury Living When foreigners come to buy luxury homes in Costa Rica they usually have in mind a very different perspective of what the local market is all about.  Buying luxury real estate in Costa Rica can be different from any other experience you have … Continue reading Five Things you should know about buying luxury property in Costa Rica

5 things luxury home buyers should ignore when buying luxury real estate in Costa Rica

Click to learn about a lifestyle in the middle of nature One of the most important things a foreign buyer should keep in mind when buying luxury real estate in Costa Rica is that they can always change things inside the house they select, but they will never be able to change its location. In … Continue reading 5 things luxury home buyers should ignore when buying luxury real estate in Costa Rica

Living in Residencial Bosques de Lindora

high end gated community in santa ana Bosques de Lindora is an exclusive gated community located in one of the most privilege sectors of Santa Ana.  With 24 hours’ security, a beautiful club house with swimming pool, tennis courts and entertainment areas, manicured community gardens with mature trees and impeccable maintenance, this neighborhood has become … Continue reading Living in Residencial Bosques de Lindora