Property taxes (Municipal Tax) throughout Costa Rica are very low when compared to the United States, Canada, or Europe. They are 0.25% out of the declared value.

It is the property owner’s responsibility to update the value every 5 years at the local Municipality.

This tax is administered at the municipal level and varies throughout the country. Paid quarterly or yearly, the type of property, location, and other factors contribute to the calculation of this tax.

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