Thank you for visiting ‘Tank Tops Flip Flops’

Hola! Welcome to Paradise. My name is Michael Simons, the Owner of Tres Amigos Realty, established in 2003, with offices in Playa Hermosa, Playas del Coco and Playa Panama.

The majority of people interested in buying real estate in Costa Rica tend to have many of the same questions so I took the time to answer them in detail here in a fun and informative way. This site contains a tremendous amount of information for you and allows me to express my views and pass along wisdom gained while living and doing business in the tropics. Hope you can join us. Pura Vida!

I will respond to your questions immediately with an email or personal phone call.

See you here in Paradise!

Covid-19 Update – January 13, 2021

Written by Michael Simons on . Posted in Costa Rica Living, Costa Rica Medical Care, EX PATS in Costa Rica, Guanacaste Tourism, Tres Amigos Realty Group, Vacation in Costa Rica

Covid-19 Update – January 13, 2021

First of all in case you didn’t know – NO COVID-19 TEST IS REQUIRED to come to Costa Rica from North America.  However, as of January 26, 2021, anyone entering into the United States will need a COVID-19 Test.  Nothing to worry about here.  You can get a test at the Coco Medical Center in Playas del Coco or a number or other close by clinics and hospitals.  Don’t let this hold you back from coming down and enjoying yourself in Costa Rica.  Check out the video for details.

Is there licensing for Costa Rica real estate agents?

Written by Michael Simons on . Posted in Buying and Selling Property in Costa Rica, Residency

Choosing among the many Costa Rica real estate agents can be a tough decision, and how you choose your agent can be based on many different factors. One of the most important questions perspective buyers need to know the answer to is, “Is there licensing for Real Estate Agents in Costa Rica?”

Yes, there is licensing in Costa Rica for real estate agents; unfortunately, it is not a requirement by law, but we are working very hard to change that. The government of Costa Rica does not force real estate agents to be licensed, but they are very lax about most requirements in business.

Hair stylists don’t need a license and neither do massage therapists, personal trainers or most contractors. It is up to each industry to take control of their own destiny and change it, just like the USA did 50 or 60 years ago.

Fortunately, the government of Costa Rica is changing their ways. Recently, the country passed a law, that said ALL real estate agents and property managers MUST be registered by SUGEF, which is the banking authority that oversees all money transactions. Escrow agents and companies are registered with SUGEF as an example. The individual must be a permanent resident of Costa Rica, or a citizen of Costa Rica. They must have a background check done by the Costa Rica OIJ and a USA background check done by the FBI. Their bank accounts will be monitored by SUGEF as well as the banks themselves, and if a person receives a commission or handles third party funds, and they are not registered, their accounts will be immediately shut down.

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