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Environment a Priority for Costa Rica

Howler Monkeyby: Federico Bonilla, Real Estate Consultant

Costa Rica has always been known for its environmental concern. Various environmentally conscious programs, such as FONAFIFO’s Forestry Credit program promoting forestry and reforestation, have been set by the government in order to maintain Costa Rica’s famous biodiversity and natural landscapes.
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Why Tamarindo?

by: Mark Venegas, Real Estate Consultant

ABC Real Estate TamarindoWay back when I first moved here I was asked by friends and family, “Why Tamarindo?” Back then, there were just a handful of families here; basically, a combination of fishermen and business owners. Everybody knew everyone in town, and there were very few amenities, if any. One administrated telephone for the whole town, long electrical blackouts in the rainy season, three TV channels with horrible reception, and a forty minute drive to do your marketing and banking.
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Helpful Tips on Property Taxes in a Nutshell

Property Taxes

Ley 7509 Impuesto sobre bienes inmuebles

This tax applies to every titled property. Its collection is administered by the local municipality. It represents 0.25% per year of fiscal value recorded in the National Registry. Fiscal values are assigned following the procedures established in the legislation. They can be referenced to the highest sales prices reported, an appraisal performed by the Municipality’s engineer, the value of a mortgage (if applicable) over the property, or a declaration by the contributor.

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New Corporate Tax

New Corporate Taxes in Costa Rica

by: Deloitte.com/cr

As published in the country’s Official Newspaper “La Gaceta” on the 27th of December 2011, a new law has been approved, which will come in to force on the 1st of April 2012, to levy an annual duty on all Public Limited “Sociedades Anonimas” (S.A.) and Limited Companies “Sociedades Limitadas” (S.R.L.). In short, the law implicates a levy or tax on all companies set up in Costa Rica and registered to date in the Companies Registry Office as well as all future new companies.

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Tamarindo Named One of Costa Rica’s Top Beaches

by: costaricanews.com

Tamarindo Named One of Costa Rica's Top BeachesWhile Playa Tamarindo offers world-class shopping, dining, and coastal amusements, budget travelers might find themselves priced out (when I traveled there in college, I grocery shopped and cooked in a communal kitchen). But Tamarindo’s natural perks make the splurge worth it — on the beautiful beaches adjacent to Tamarindo, giant leatherback turtles (and other types) annually clamber ashore to lay their eggs.
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Residency in Costa Rica

Here is some general info about how to obtain residency in Costa Rica. The information was provided by Lic. Marcela Guardian who is helping foreigners with the residency in Costa Rica.

Residency as an Investor
The foreigner can  apply for this type of residency if he/she has and demonstrate investments in Costa Rica for USD$ 200.000 .
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Overpriced Properties – 9 deadly signs

Most experts would advise that the best way to increase your odds of a successful sale is to price your home at fair market value. But, as logical as this advice sounds, for many sellers it is still tempting to tack a few percentage points onto the price to “leave room to negotiate”. To avoid this temptation, let’s take a look at the nine deadly sins of overpricing:

1. Lost Opportunities
You will lose a percentage of buyers who are outside of your price point. These are buyers who are looking in the price range that the property will eventually sell for, but don’t see your property because the price is above their pre-set budget. Most buyers look at 10-15 properties before making a buying decision. Because of this, setting a competitive price relative to the competition is an essential component to a successful marketing strategy. Many marketing tools especially in the internet include searches by price categories, if your property is overpriced it will not even be seen by potential buyers.

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Fiestas Tipicas

Costa Rica Fiestas CivicasThe dry season has arrived, and in our canton of Santa Cruz this marks the beginning of the “Fiestas” in many of our local towns.  One of the largest and most well know in the country are the “Fiestas Tipicas Nacionales”, held in Santa Cruz, and declared this name by the President Daniel Oduber in 1974.
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More Regulation of Costa Rica Real Estate Transactions

by: Roger Peterson/www.costaricalaw.com

The Costa Rican Legislature is currently evaluating a proposed law which would completely overhaul and regulate Real Estate Transactions in Costa Rica.   The law, “Regulation of Real Estate Contracts and Real Estate Agents” is quite ambitious in its goal and if passed would create significant changes in the way real estate transactions are carried out in the future.

According to the proposed law the purpose is to provide confidence in the real estate marked and increase the legal security in the transfer of real property.   To do so the intent of the law is to regulate Real Estate Agents and the requirements and obligations of those agents.   And, regulate the types of contracts and participants in the transfer of real estate in Costa Rica.

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Costa Rica, the happiest country in the world!

All smiles living here...simply "Pura Vida"
All smiles living here…simply “Pura Vida”


happyplanetindex.org

The Happy Planet Index 2.0 reveals a surprising picture of the relative wealth and progress of nations.

The second global ranking of well-being and environmental impact shows that: Costa Rica comes top of the Happy Planet Index 2.0. Costa Ricans report the highest life satisfaction in the world, have the second-highest average life expectancy of the Americas (second only to Canada).
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Tamarindo, Heaven on Earth

Tamarindo Beach
How could you not want to live here?

The Holwer Mag
By: Robert Provencher

For many years now my wife and I and our daughter Danielle have travelled all over Canada, the US, the Caribbean Islands and Europe, and the one place that tops our list of favorite places is Costa Rica.

We recently spent a week in Tamarindo, our third time there, and our fourth time in Costa Rica. It was 2006 when we last saw that dusty little town, with its spectacular beaches, great restaurants and friendly people.
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