When Buying Real Estate in Costa Rica

Images of a home for sale iat Lake Arenal, CR.

Unfortunately, there are so many stories of people losing thousands, and even, millions of dollars, because of bad real estate transactions in Costa Rica.

Sadly, more often than not, people look for legal advice after they’ve gotten themselves into trouble.

Today, we present an article written by one of the members of our advisory board. Costa Rican lawyer Rafael Valverde of Outlier Legal Services.

It is an opinionated piece, with some forward thinking in regards to ownership that is completely in line with our philosophy and a well-written article. Pass it around.

Respectfully,

André Brousseau
CEO and lead consultant
Tucan Real Estate

Airbnb agrees to collect sales tax from hosts in Costa Rica

Picture of one of the Beaches in Samara, Costa Rica

Representatives of Airbnb, the online marketplace that allows people to list or rent lodging in residential properties, said the company is willing to collect taxes from its hosts in Costa Rica and that it will collaborate with the drafting of a bill for that purpose.

According to Airbnb, there are some 5,500 hosts in Costa Rica.

“Costa Rica is a world leader in tourism, and it would be the first Latin America country to approve legislation like this,” Sullivan said, adding that the San Francisco-based company is willing to adjust its platform to facilitate tax collection from Airbnb hosts of short-term rentals of less than thirty days.

News source : https://goo.gl/AwmYbE

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