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PROPERTY OWNERSHIP
Everyone Costa Rican nationals, foreign residents and even non-residents – can own property in Costa Rica. Thus, no restriction or distinction is made in regards to property ownership by foreigners. Certain areas are exempt for all, such as those near proximity to national borders and beaches. All land up to 50 meters (about 55 yards) from the ocean tide line is public property; land from 50 to 200 meters (about 220 yards) is concession land, which is not owned, but leased from the local municipality. All other available land is titled, or fee simple. Please check the Real Estate in Costa Rica section of this website for more detailed information on this topic.

INCOME TAXES
There is no income tax on money earned outside Costa Rica and brought into the country. Personal income taxes are low for those operating a business here (15% average); many personal expenses are deductible. Corporate taxes are also very low (15-30%). There is a 13% sales tax applicable to most goods except some foodstuffs, and a 10% tax for table service at bars and restaurants.

COST OF LIVING
For ex-patriots, the cost of living in Costa Rica is significantly less than it is in the United States, Canada or Europe. Property taxes are very low and there are no capital gains taxes. Excellent food, housing, entertainment and medical care are available and affordable. About the only things more expensive in Costa Rica than in the U.S., Canada or Europe are cars (because of import taxes) as well as gasoline and some imported foodstuffs.

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