Preparing to Buy in Costa Rica

Before you begin visiting properties or making offers, it’s important to get organized and prepare for the process ahead. Buying real estate in Costa Rica is straightforward when you have the right guidance and your financial foundation in place.

Organize Your Financial Documents

Whether you’re purchasing with cash or financing through a local or international lender, having your documents in order will make the process much smoother. We recommend preparing a folder with the following:

• Proof of funds (bank statements or investment account balances)
• ID documents (passport, driver’s license)
• Income verification (if applying for financing)
• Tax returns (especially if working with international lenders)
• Legal documents related to any business or investment entities (if applicable)

If you’re looking at financing in Costa Rica, we can connect you with local mortgage brokers and lending institutions who are familiar with working with foreign buyers.

Understand Your Budget and Purchasing Power

Financing in Costa Rica is different than in other countries, and cash purchases are common. If you’re exploring a mortgage, you’ll want to understand what’s available to you. Some buyers also tap into home equity loans or personal funding from abroad. We can walk you through all the available options and what fits best for your goals.

Hold Off on Major Financial Changes

Avoid making big financial moves such as large purchases or switching jobs during the property search and due diligence process. Stability is key, especially if you’re seeking financing. You’ll want to keep your finances simple and transparent while we help you move forward with your investment.