Daveed Hollander and John Wieland Discuss Costa Rican Residents’ Favorite Activities and What Homebuyers Should Do Before House Hunting

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Daveed Hollander and John Wieland Discuss Costa Rican Residents’ Favorite Activities and What Homebuyers Should Do Before House Hunting

Daveed Hollander and John Wieland Discuss Costa Rican Residents’ Favorite Activities and What Homebuyers Should Do Before House Hunting

What are some of the most common recreational activities residents of your region like to partake in? Are there any specific spots they like to frequent to enjoy such to-do’s?

 

Costa Rica, as the world knows, is a playground of outdoor marvels. From volcanoes to waterfalls, the world’s best deep sea fishing, to white-water rafting… the choices are almost endless.

 

In the Costa Ballena region, along the Southern Pacific coast (Playa Dominical, Uvita), we have a laundry list of activities for tourist and locals alike to enjoy. This is home of the famous Whales Tail natural beach formation, which is the heart of Ballena National Marine Park. Both Alaskan and Antarctic Humpback Whales visit here twice annually. This is home to some of the best surfing and SUP along the Pacific coast. Journey further out to sea and enjoy deep sea fishing at its finest. Just thirty minutes to the north lies Manuel Antonio National Park, where you can see the jungle come alive with monkeys, sloths, iguanas and a long list of rain forest bird species. For those seeking tranquility, there are ample year-round waterfalls in the community to enjoy. Take a horse ride back to Nayauca Waterfalls—you will be blown away!

 

Name three things those looking to purchase a new home should do even before beginning their searches.

 

Buying real estate in Costa Rica has similarities to the process in the States; however, bank financing is normally not part of the process. So, understanding that this has historically been a cash market for foreign investors, please note that in advance. There are sellers that might offer seller financing, which can assist in the short term. Each transaction is negotiated separately.

 

Many people visiting Costa Rica see that it is a relatively small country on a map. Just wait until you arrive and experience how its geology creates for an adventurous journey. Plan your trip with a little more time than your think. Looking at homes here is nothing like looking at properties in the U.S. Off-road vehicles are commonplace, and the distance between home showings can be more than one may think.  Good time management for your trip is crucial, so that you enjoy the journey.

 

Consider your personal tax situation if you are planning invest internationally. Your long-time and local accountant / tax preparer may have zero knowledge of how to structure your foreign investments (many simply do not). It is a good idea to seek someone in advance so you can successfully prepare to take your money overseas, and in the event you need to bring it back, you will have a comprehensive understanding of the process and potential tax liabilities.

 

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