
Pura Vida All!
This blog is being started with purpose of educating people about real estate investments in Costa Rica as well as introduction to some investment opportunities there. Myself, I purchased first real estate investment in Costa Rica in early 2005. My main reason to purchase the property was to have vacation house outside the U.S. located near the beach. As the time went by I found many other reasons to own investments overseas. Some of them were tax advantages, financial privacy which is currently removed by Patriot Act in the United States, double digit appreciation on my investments, no capitol gains on sales of properties. And current financial and political situation in the U.S. allows me to have plan B.
Like many people who invested overseas I had tons of questions and worries before I wrote the first check. This is one of the main reasons I'd like to share with you my experiences and what I learned throughout the time. I'm looking forward to your comments and questions.