Archive for November 28, 2016

Can I lose my property for failure to pay Costa Rica property taxes?

Written by Michael Simons on . Posted in Buying and Selling Property in Costa Rica, FAQ's, Investing in Costa Rica

Can I lose my property for failure to pay Costa Rica property taxes?

Just like any country in the world, you are required to pay your taxes. Failure to pay your property taxes can initiate the start of foreclosing on your land or your house by the Municipality.  Most property managers pay your taxes as part of their services, and many law firms offer this service too.  But in the end it is your obligation to make sure they get paid.  So every year you should follow up and confirm that these taxes have been paid. Like anywhere, there are penalties and interest for paying late.

home with pool must pay Costa Rica property taxes

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