In Costa Rica there is a strong area of the law which is Agrarian Law. This area of the law, which is highly specialized, deals with properties and other activities which are considered to be agrarian by law. There are many agrarian laws but the two most prevalent or important […]
Jorge Montero
As has been indicated previously, in Costa Rica, corporations and many other entities, have the obligation of reporting the distribution of the company shares or association participation in such a manner that it is clear who the final beneficiary is. In other words, this law seeks to clarify who the […]
By January 15th the tax for the so called “luxury properties” will come due. This is a tax established in benefit of, or for the development of, lower income housing and social infrastructure. The product of the tax is distributed amongst a number of government institutions that oversee the assistance […]
It is not uncommon for a person that decides to make his or her home in Costa Rica to find a great property and embark on the process of building their dream home or start some kind of commercial development, be it a condominium or a set of commercial stores. […]
On June 25th a group of persons, 35 so far, were arrested for what authorities are calling a Mega-case, the street name of which is “Madre Patria” (Mother Country). The accusation alleges registration fraud with properties, money laundering and corruption. According to OIJ (Organismo de Investigación Judicial), which is the […]
Signing a contract or making a deal in Costa Rica can be the simplest thing, full of good faith and trust for all parties involved or it can be a nightmare experience in which, usually the weakest party, must suffer the loss of time, money and hope and in some […]
One can assume, in general terms, that the basic principles of property ownership or rights of possession that are prevalent in most democratic nations are also applicable in Costa Rica. Nevertheless, when one analyzes particular situations, it is clear that people can be baffled by the nuances of property rights […]