Costa Rica Expertise: July 2025

Monday, July 14, 2025

Navigating Costa Rica's Tax Landscape for Short-Term Rentals: A Comprehensive Guide for Property Owners



By: Garland M. Baker B.
Licda. Xochilt Quezada López
Exclusive to CostaRicaExpertise.net

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.

Monday, July 7, 2025

Costa Rica's Real Estate Market in Mid-2025: Are We in a New Cycle?



By: Garland M. Baker B.
Exclusive to CostaRicaExpertise.net

Discover Costa Rica's dynamic real estate market—a land of 'Pura Vida' and evolving opportunities for discerning buyers.

Back in 2005, an article titled "Nation confronts a sizzling market" captured the excitement of a burgeoning Costa Rica real estate market. Fast forward to mid-2025, and while certain areas like Nosara, Santa Teresa, Malpais, and Flamingo's Potrero remain strong seller's markets, the national picture is more nuanced than a simple "boom or bust." While interest from international buyers and investors is indeed increasing across many regions of the country, recent data suggests a market undergoing dynamic adjustments.