Can Foreigners Buy Property in Costa Rica? (2025 Guide)
- Mark Savoia
- Jul 15, 2025
- 2 min read
Quick Answer:
Yes - foreigners can legally buy property in Costa Rica with the same rights as citizens, in nearly all cases. You do not need to be a resident or have a special visa to own real estate.
Can Foreigners Own Land in Costa Rica?
Costa Rica has some of the most foreign-friendly real estate laws in Latin America. If you’re a non-resident or expat, you can own titled property in your name or through a corporation (which is common for tax and liability reasons).
There is no citizenship or residency requirement to buy property.
What About Beachfront Property?
Costa Rica’s Maritime Zone Law protects the first 200 meters of coastline:
The first 50 meters from the high-tide line: public land - no one can own it.
The next 150 meters: “concession land” - technically leased from the government.
Foreigners can’t own concession land directly unless they:
Are legal residents (with more than 5 years in CR)
Own through a Costa Rican majority-owned company
Pro Tip: If you’re buying near the beach, make sure the land is fully titled, or work with an expert to navigate concession rules.
Do I Need a Lawyer?
Yes - always. Real estate in Costa Rica is not an MLS system, so due diligence is critical. A qualified real estate lawyer will:
Check property title (folio real)
Ensure there are no liens or ownership issues
Draft or review your purchase agreement
Handle escrow and closing
When you work with Costa Rica Playbook, we connect you with our team of trusted English-speaking attorneys.
How Much Are Closing Costs?
Expect to pay around 3.5%-5% of the purchase price, which includes:
Legal fees (~1.25%)
Transfer tax and registration
Escrow services
How the Buying Process Works
Find a property
Submit a written offer
Sign a Sales and Purchase Agreement (SPA)
Place funds in escrow
Due diligence (title review, property inspection, etc.)
Close at the notary’s office
The process usually takes 30-60 days.
Why So Many Expats Are Buying
Property values rising steadily
No capital gains tax (in most cases)
Affordable lifestyle
Great rental potential
Secure foreign ownership laws
Need Help Buying Property in Costa Rica?
We’re relocation experts who help North Americans buy property in Costa Rica stress-free. When you buy through us, you also get:
✅ Start to finish relocation assistance
✅ Trusted legal contacts
✅ Honest property guidance
✅ Help integrating into communities with other Expats
Final Thoughts
Buying property in Costa Rica as a foreigner is not only legal - it’s surprisingly easy when you have the right guidance. From stunning beach homes to jungle retreats, the country offers real opportunities for lifestyle and investment.
If you’re ready to explore, let’s talk.
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