A money transfer is key to any international real estate transaction. It’s no secret that traditional banks are dinosaurs in the modern economy. Although banks still have an important function in our society, tons of fintech start-ups have begun providing financial services. Although they provide these services in a more modern and efficient way. When […]
Are you dealing with home financing in Costa Rica or will you be soon? Then you will find this a very useful blog. Purchasing a home is a huge responsibility, especially if you think you can afford it but can’t find any home financing. Often, future expats start shopping for a home in Costa Rica […]
If you are looking to make a property purchase you’ll love the mortgage tips. In fact, using these mortgage tips will save yourself time, money and effort. When you go to view houses on sale, the seller’s agent may make the buying process seem easy and straight-forward. If the price is right, there is nothing […]
Is there a chance that vacation rental accommodations will have to start paying taxes soon? Many vacation rental owners are probably wondering what’s going on with that topic. Paying or not paying taxes makes a huge difference to your ROI if you have a vacation rental investment. It’s a fact that if you have income […]
Potential buyers often ask how to finance vacation rental investment in Costa Rica. Owning a vacation home in paradise is a beautiful dream but not always financially possible. Does having a vacation rental make sense financially or not? You can expect an annual net return of 4 – 6% on a vacation rental investment in […]
The closing date is coming up and there is so much to do before moving into your new home. Getting nervous already? Don’t! Use this checklist to make it easier on yourself. We do this all the time and you don’t. There are so many things you need to do before moving and you might […]
Cash is king, but you already knew that, I’m sure. If you are looking for an incredible good deal, you better bring cash if you want the seller of a property in Costa Rica to even think about accepting a lowball offer. Of course, if you are looking for owner financing your lowball offer will be […]
Today’s story is about opening a savings account in Euros, which should be an easy task but is not. Banking in Costa Rica is not as simple as it is in other countries. Please do not see this blog as a complaint about Costa Rica banks and SUGEF, I am just trying to tell you […]
After moving here, you will need a bank account in Costa Rica. Without it, you’ll be in trouble. How are you going to pay your bills? I certainly hope you paid attention to my previous blogs and prepared for gaining easy and ongoing access to your funds back home. At the moment, it’s difficult to […]
How important are financial decisions before you move? I can’t overemphasize how much potential difficulty and inconvenience you can avoid once you move to Costa Rica. If you’ve attended to your financial details with a customized, flexible transaction plan. You will need ready access to your assets, so you have to take financial decisions ahead […]