If you're a foreign resident in Costa Rica leveraging the booming tourism market by renting out your property on platforms like Airbnb, the time for full tax compliance is now. Hacienda, Costa Rica's tax authority, is intensifying efforts to ensure digital rental income is fully declared. Understanding and meeting these obligations is no longer optional; it's essential for the continued legality, success, and protection of your short-term rental business.
Let's delve into what you need to know, drawing on the latest insights and expert advice, to ensure your Costa Rica short-term rental business operates squarely within the bounds of the law.