property in Costa Rica

Are tourists allowed to buy property in Costa Rica?

Are tourists allowed to buy property in Costa Rica?

Foreigners can buy any residential or commercial property in Costa Rica.

However, there are some legal exceptions, although they are very similar to those you find elsewhere in the world. One of the restrictions is the 50m zone, which means that you cannot build up land within the first 50m offshore from the high tide line, as this is considered public property.

Another limitation is the 150-meter zone, as this space usually belongs to the local municipality. However, there are exceptions to these exceptions, and you can lease them on a concession for up to 20 years. To own this land as a foreigner, a Costa Rican citizen must own more than 50%.

 

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