Can Foreigners Buy Property in Costa Rica? (The Comprehensive 2026 Guide)
Ownership laws, closing costs, and legal requirements for international buyers in Costa Rica.
Short Answer: Yes.
Foreigners—regardless of their residency status—have the exact same ownership rights as Costa Rican citizens under the Constitution. You can legally own, sell, and lease titled property in your personal name or through a local corporation.
Understanding the Legal Framework: Article 19
Costa Rica’s Constitution (Article 19) guarantees that foreigners have the same rights and duties as Costa Ricans, with very few exceptions related to beachfront concessions. This transparency is why the Central Valley real estate market remains a top choice for investors.
Key Ownership Facts:
- No residency or citizenship required.
- Properties are registered in a centralized National Registry (Registro Nacional).
- Ownership is protected by a sophisticated public notary system.
Fee Simple vs. Concession Property
| Ownership Type | Legal Status | Foreign Restrictions | Best Use Case |
|---|---|---|---|
| Fee Simple (Titled) | Absolute Ownership (Folio Real) | None (Equal to locals) | Residential, Commercial |
| Concession | Lease from Govt. (MTZ Law) | Max 49% foreign shares* | Beachfront / Maritime Zone |
| Possessory Rights | Unregistered / Informal | High Risk (Avoid) | Agriculture |
*Exceptions apply if the foreigner has resided in Costa Rica for five or more years.
Closing Costs and Transaction Taxes (2026 Data)
| Fee Type | Percentage / Cost | Responsibility |
|---|---|---|
| Real Estate Transfer Tax | 1.5% | Negotiable |
| Registration Stamps | ~0.5% | Buyer |
| Legal/Notary Fees | 1.25% – 1.5% | Negotiable |
| Total Estimated | 3.5% – 4.0% | Transaction Total |
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