Costa Rica Escrow–What is required to open an account?

Upon acceptance of an offer, a secure escrow account is set up with a company that is registered with the banking authority of Costa Rica, known as SUGEF. They will act as a third party to insure that everyone is protected during the closing. Do not allow a law firm or a real estate company to accept or handle your money. ALWAYS ask for a separate, secured, registered Escrow Company to handle the funds.

An escrow agent will contact you by email to start the process of opening the escrow. The agent will ask for a lot of personal information to insure your monies are coming from a legitimate source. Costa Rica is very adamant that they will not accept illicit funds and they abide by all International money laundering rules, regulations and laws.

They will require the following documents

What is Playa Hermosa Guanacaste Costa Rica?

Playa Hermosa is part of a group of beaches known as the Papagayo; Playas del Coco, Playa Hermosa, Playa Panama and Ocotal. Located just 20 minutes from the Liberia International Airport (LIR) it is considered by many to be the most beautiful beach on the Pacific Coast. After all, Playa Hermosa means, BEAUTIFUL BEACH in Spanish, and it definitely lives up to its name.  When I first came to Costa Rica in the year 2000, I spent a month traveling this entire country. I saw literally, every single beach community on the Pacific coast. When I landed in Playa Hermosa, I knew I needed to look no further. It was everything I had imagined and more. I had this vision of Jimmy Buffett, in a hammock, with a cocktail in my hand, watching the sunset, and this was the perfect spot to fulfill that dream. Most of the beaches in Costa Rica are wild, surfing beaches, with huge waves and strong undertow. It is very dangerous to go in the water, as the currents can be violent and aggressive. Not Playa Hermosa. Frommer’s travel guide ranks it as one of the best swimming beaches in the country making it a great place for families and older retirees as well.  You don’t have to worry about a rogue wave, slamming you to the sand, face planting you down and then sucking you back out to sea. Small children frolic in the surf, with no concerns for their safety.