F.A.Q.Costa Rica
Yes. Costa Rica’s government allows foreigners the same rights as locals to purchase property. Internationally known that Costa Rica has a high real estate investment value and a wonderful lifestyle to offer to its buyers.
Real Estate prices have been on a steady increase for over 10 years and expected to continue to do so in the future. If you are considering property as an investment it is a particularly wise move, especially in the coastal regions.
ON To Paradise has a team of lawyers that can aid you in the process of buying your home in paradise. Costa Rica’s system has been developed to protect home buyers and investors.
ON To Paradise will be invaluable to help you choose the right property. Your specialist will work with you to identify properties which meet your real estate goals. Your ON To Paradise will give you a choice of properties. At the point that you have made your property selection then an offer is made, a written contract developed, and an offer made to the seller. ON To Paradise can assit you in making travel plans and offers travel reimbursement for property buyers. Make sure to ask us for details.
As a foreign buyer, there is no home financing from a Costa Rica bank. Consider retirement funds or home equity loan to fund your dream in paradise.
You can be assured that your down payment funds are secure through an attorney and an escrow corporation. Your attorney from ON To Paradise may act as an escrow agent who becomes responsible for the monetary aspects of the transaction. Your ON To Paradise attorney provides security for both the buyer and seller to ensure that the funds are distributed according to the real estate contract.
Closing on your dream property can vary from 45-90 days. After the contract is drawn, signing is next, and the deed is subsequently recorded with the Public Registrar. You can give your ON To Paradise Real Estate Specialists attorney the power to sign the contract if you cannot sign the deed personally. Closing fees are divided between the buyer and the seller.
Simply put it is living in paradise. The key factors to consider are the weather is warm year-round, the people are friendly, low crime rate, top healthcare in the America’s, close proximity to major USA airport hubs, your money goes further than back home allowing you to live your dream in paradise. Safety, healthcare, value of your money is the reasons why thousands of expats have relocated to paradise in Costa Rica. Join the Kardashians, George Clooney, Tom Brady, Mel Gibson, Mat Damon, Mathew McConaughey, and Miley Cyrus among others, all of whom have invested in paradise in Costa Rica. Let ON To Paradise work with you to secure your piece of paradise.
The final step in the process of acquiring your paradise property is to contact ON To Paradise so you also can relax and enjoy your hammock on the beach!