Updated almost 7 years ago on . Most recent reply
Costa Rica
Hi all! My wife and I have been working on slowly expanding our vacation rental business and are currently considering the Manuel Antonio area of Costa Rica as our next area of interest. Does anyone know Real Estate agents that they would recommend in the area? Property Mangers? We live in the Austin area and would also appreciate any recommendations for lawyers that are familiar with Foreign Real Estate law. Does anyone have any Do's and Don'ts when it comes to investing in a foreign country? Thanks for your help in advance!
Most Popular Reply
Hey Aqeel,
I love Costa Rica and spent some time in the country. Make sure you read about the property laws very carefully. I've heard stories about US Citizens buying a vacation home there and losing it to squatters and unfenced properties. I know owning a business there as an non-citizen has changed radically over the last 5 years so the property laws may have too.
I'm not trying to scare you off its a beautiful country and still has a lot of investment potential, just make sure you protect your investment.
Ryan