European Citizens Buying Costa Rica Real Estate
Great news: Costa Rica fully permits foreign property ownership. As an European citizen, you have exactly the same property rights as Costa Rican nationals. The process is straightforward, and thousands of Europeans already own property across Costa Rica.
The Buying Process
- Find your property (SIXPERCENT's AI scans 2,000+ listings)
- Make an offer and sign a purchase agreement
- Due diligence: title search, inspections, survey verification
- Hire a notario público (required for all transfers)
- Transfer funds (wire transfer to escrow recommended)
- Closing and registration at Registro Nacional
Tax Implications for Europeans
Costa Rica uses a territorial tax system — you only pay CR taxes on Costa Rica-sourced income. Check with your home country tax advisor regarding foreign property reporting requirements.
Financing
Financing options include Costa Rica bank loans (limited for foreigners, 50-70% LTV at 7-10%), seller financing (common), or financing through your home country.
Key Facts
100%
Foreign Ownership Allowed
4-5.5%
Closing Costs
0.25%
Annual Property Tax
$995
SIXPERCENT Fee