The most widespread and complete form of owning Real Estate in Costa Rica is called “Fee Simple” Ownership.
For this type of ownership the conditions and regulations are equal for residents and foreigners alike.
The concept is basically the same as in the United States, Canada and Europe; specifically, fee simple ownership provides the owner with the right to use, enjoy, sell, lease, improve upon and materially own the property in question. The only areas of discussion being details that are outlined in the Costa Rican Laws, for example, various zoning policies.
For example, in Mexico, real estate is not Fee Simple, Panama has problems with Title, in various other countries you can’t own real estate if you aren’t a resident or national; however here in Costa Rica anyone can own, enjoy and benefit from the beautiful property we have to offer.
No comments:
Post a Comment