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Foreign Real Estate Investment & Estate Planning in Costa Rica: What To Know.
Manage episode 344104869 series 3402602
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The beautiful country of Costa Rica is nothing short of a paradise, so is it any wonder that people from all over the world flock there to live and invest in? The nation is known as the “Happiest Place on Earth” and has the most beautiful tropical climate along with a stable democratic economy. In addition, it has the distinction of being the only country in the world that does not have an army, signifying its commitment to peace and acceptance of foreign trade and investment.
In this show, we will discuss whether Costa Rica is a good place for investment, particularly real estate investment. The focus of the conversation will be on estate planning and how important it is in a country like Costa Rica.
Here are some highlights of the show:
- Does everybody do estate planning when they invest in Costa Rica real estate?
- How do you prepare for estate planning in Costa Rica?
- How risky is it not to have your estate planning in place in Costa Rica? What happens when people don’t follow this due diligence?
- If you own a real estate property in Costa Rica, what is the right way to hold that property and pass it safely to your beneficiaries?
- What are some things to consider when setting up a limitada in Costa Rica?
- What is the next step to take in estate planning once you have set up a limitada in Costa Rica?
- What is the most common mistake people make when estate planning in Costa Rica?
- What is the biggest piece of advice to offer to someone who is interested in investing in real estate in Costa Rica?
Speakers
Denise Katerabik, your host for Profit Knocks.
George Vega, the COO of Inter Properties, a property developer and a real estate investor.
Nataliza Gonzalez, an attorney at Cresco Legal, specializing in real estate and estate planning while working in foreign investment.
Resources from this Episode
Thank you for watching this episode of Profit Knocks, and we hope you enjoyed it and got to learn a lot from it. If you want to know more about how to make real estate investments in Costa Rica, including estate planning, you can review our library of excellent resources which includes free guides, expert advice, podcasts, and shows that you can view anywhere, anytime. Just visit us at (Profit Knocks website).
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