Property taxes in Costa Rica are low in comparison to most other jurisdictions.
Property tax in Costa Rica is 0.25% of the registered value of the property.
There is an additional luxury property tax in Costa Rica.Luxury home tax. This tax is only levied on a homes value and according to the following sliding scale.
Home value | Tax |
Less than ₡117.000.000 ($234,000) | Exempt |
₡117.000.000 - ₡291.000.000 ($234,000 - $582,000) | 0.25% |
₡291.000.000,00 - ₡584.000.000 ($582,000 - $1,168,000) | 0.30% |
₡584.000.000,00 - ₡875.000.000 ($1,168,000 - $1,750,000) | 0.35% |
₡875.000.000,00 - ₡1.167.000.000 ($1,750,000 - $2,334,000) | 0.40% |
₡1.167.000.000,00 - ₡1.458.000.000 ($2,334,000 - $2,916,000) | 0.45% |
₡1.458.000.000,00 - ₡1.752.000.000 ($2,916,000 - $3,504,000) | 0.50% |
Over ₡1.752.000.000 ($3,504,000) | 0.55% |
Not all homes in Costa Rica are subject to the luxury property tax and this should be checked with your lawyer as part of the due diligence process
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