Top 10 Reasons to Buy a Home in Costa Rica

1. Low Property Taxes

Costa Rica has some of the lowest property taxes in the world at just 0.25% of the registered property value. This makes homeownership more affordable, especially when compared to countries like the U.S.

2. Affordable Cost of Living

The overall cost of living in Costa Rica is relatively low, especially in comparison to North America or Europe. Essentials like food, utilities, healthcare, and even home maintenance tend to be more affordable.

3. Beautiful Natural Environment

Costa Rica is world-famous for its stunning beaches, lush rainforests, volcanoes, and diverse wildlife. Buying a home there means being surrounded by incredible natural beauty, offering a serene and peaceful lifestyle.

4. Stable and Safe Country

Costa Rica is known for its political stability and has been without an army since 1949. It's considered one of the safest countries in Central America, making it a popular destination for retirees, expatriates, and families.

5. Strong Expatriate Community

Many people from around the world have already chosen Costa Rica as their home, resulting in a well-established expat community. You'll find support and camaraderie among other expatriates who can help you navigate living in a new country.

6. Modern Healthcare System

Costa Rica has one of the best healthcare systems in Latin America, and it’s affordable. Expats often praise the quality of both public and private healthcare, which is accessible at a fraction of the cost of the U.S. or Europe.

7. PURA VIDA Lifestyle

Costa Ricans, or "Ticos," live by the phrase “Pura Vida,” which translates to “pure life.” This philosophy emphasizes living a simple, stress-free life filled with gratitude, which contributes to Costa Rica's reputation as one of the happiest countries in the world.

8. Growing Real Estate Market

The Costa Rican real estate market is thriving, especially in popular regions like the Central Valley, Guanacaste, and the Pacific Coast. Property values have been appreciating steadily, making it a solid investment for both personal use and rental income.

9. Incentives for Foreign Investors

Costa Rica actively encourages foreign investment. You don’t have to be a citizen or resident to buy property. Furthermore, new laws have been proposed to offer additional benefits to investors, retirees, and digital nomads.

10. Proximity to North America

For North American buyers, Costa Rica is easily accessible with direct flights from major cities in the U.S. and Canada. It’s a convenient location for a second home or vacation property, offering tropical paradise just a few hours away by plane.

Flight Times to Costa Rica (from 10 U.S. Cities)

1. New York, NY – ~5 hours

2. Los Angeles, CA – ~6 hours

3. Chicago, IL – ~5 hours 21 minutes

4. Houston, TX – ~3 hours 45 minutes

5. Miami, FL – ~3 hours 20 minutes

6. San Francisco, CA – ~6 hours 20 minutes

7. Boston, MA – ~5 hours 56 minutes

8. Atlanta, GA – ~4 hours 15 minutes

9. Denver, CO – ~5 hours 30 minutes

10. Seattle, WA – ~7 hours 30 minutes

Top 10 Reasons to Purchase Investment Properties in Costa Rica

1. High Rental Income Potential

Costa Rica is a popular tourist destination, with strong demand for vacation rentals in high-traffic areas, offering significant rental income potential.

2. Booming Tourism Industry

Costa Rica attracts over 3 million tourists annually, creating a high demand for short-term vacation rentals and investment opportunities.

3. Strong Appreciation of Property Values

Real estate in Costa Rica has shown consistent appreciation, particularly in tourist-friendly areas, making it a great long-term investment.

4. Low Property Taxes

Property taxes are just 0.25% of the registered value, making the cost of holding property in Costa Rica much lower than in many other countries.

5. Favorable Tax Environment

Costa Rica does not have a capital gains tax on property sales, which increases profitability for investors looking to sell properties.

6. Affordable Entry Point for Investment

Property prices in Costa Rica are lower compared to many developed countries, providing a more affordable entry point for investors.

7. Growing Expat Community

Costa Rica’s large expatriate population helps drive demand for both short-term and long-term rental properties, offering steady rental income.

8. Stability and Safety

Costa Rica is one of the safest and most politically stable countries in Central America, providing a secure environment for property investment.

9. Ease of Property Ownership for Foreigners

Costa Rica offers the same property ownership rights to foreigners as it does to citizens, making the buying process simple for international investors.

10. PURA VIDA Lifestyle

The laid-back, relaxed “Pura Vida” lifestyle attracts long-term renters, including retirees and digital nomads, keeping rental demand high.