October /November 2016
Gaining Residency in Costa Rica by Buying a House?

Sorry, you won't be granted the Costa Rican resident status along with your pr operty title deed. However, if you get your piece of this paradise by investing at least $200,000 in real estate, you can start calling Costa Rica home by applying for and eventually gaining residency in the country.

This is possible due to changes in the Costa Rican Migration law which, for the last five years, has allowed new homeowners to gain residency in the country. Under this law, real estate investors wishing to relocate to Costa Rica can file their residency application under the "inversionista" (investor) status. This would involve the purchase of a "registered asset" in Costa Rica such as a lot, a condominium or a home, and the real estate asset has to be worth a minimum of $200,000.

As with any other category of residency, the applicant will need to file a formal request for temporary residency. The application should include supporting official documents, such as registry or notarized certifications, true copies of purchase agreements or conveyance deeds, share ownership certifications, tax returns, municipal certification of property value and in general all documents which can provide evidence that the investment has been made by the applicant from his own resources and add up to the minimum investment amount. In the case of real estate owners, this is easy to show by attaching the purchase deed and a registry certificate showing who the newly titled owner is. You must of course meet basic conditions to apply for residency in Costa Rica (such as a clean criminal record). 

Again in 2016, Costa Rica tops the list of the Happy Index Planet ( having previously ranked first in the  2009 and 2012 editions), by balancing the happiness of its inhabitants with Planet Earth's wellbeing.

" People living in Costa Rica have higher wellbeing than the residents of many rich nations, including the  USA and the UK , and live longer than people in the USA. And all of this is achieved with a per capita Ecological Footprint that's just one third of the size of the USA's." HappyPlanetIndex.org.

The index's formula divides measures of wellbeing focusing on each country's ecological footprint, aiming at rewarding sustainability rather than production. Costa Rica is followed by Mexico and Colombia in this year's ranking.
The index is published by the New Economics Foundation in the UK, an organization dedicated to promoting social justice.

Stefanie's extraordinary success in her fifteen-year career in the gaming, hospitality and brand development industries is based on bottom line results.  She now takes those same disciplines to the Real Estate industry in both Arizona and Costa Rica, as a licensed realtor, insuring that she over delivers results for every client every time.

As part of the highly respected teams at both Arizona Elite Properties and Laguna Azul del Pacifico, buyers, sellers, investors, property management and vacation rentals, no assignment is too large or too small.
Macaws Ocean Club #2 is a fantastic condo wiht 2 bedrooms & 3 full bathrooms, new appliances, beds, TV's, laundry and everything else the beach vacationer will need! You are less than 400 feet to world renowned Jaco Beach through a private access, where you can surf, SUP, sunbathe or sip on a nice drink. Just a short 15 minute walk on the beach and you are into the excitement of downtown Jaco where you can shop, people watch and enjoy the local food culture or even fine dining! Sleeps 6.
Our Monte Carlo Luxury Condo is the best value and location in Jaco Beach. We are ideally located just near the center of town within steps to beach, restaurants, shopping, pharmacy, salon, supermarket, tours and nightlife. You can walk everywhere from this awesome location. This is a quiet complex, perfect for families or a romantic vacation. Sleeps 6.
Congratulations to our new happy owners in Jaco this month! Thank you for trusting your real estate transaction to Laguna Azul del Pacifico's professional team. We welcome you in our stunning beach town and wish you the most pleasant experience as homeowners in Costa Rica.   

Priceless Ocean Views - $1,200,000
Bay and Mountain View Luxury Home, 4 BED - 4.5 BATH. Built on two levels, this home features a main level open floor plan with social areas that open up to an elevated large terrace. The kitchen and laundry are also located on this level, as well as the large master suite with sitting room, private terrace, ample bathroom with jacuzzi tub, shower and double vanity sink and walk-in closet. 
Breathtaking Views - $350,000
Breathtaking views and serenity surround this amazing property! Fully furnished home features 5 bedrooms - 5.5 bathrooms.  I nfinity edge pool overlooks the valley below. Serene ocean views from the balconies. The home features a huge great-room open floor plan on the main level. A comfortable living room area adjoins the dining room table that comfortably seats 8 people. Walk out through either set of sliding glass window wall doors to incredible views and a soothing breeze. 
Income Producing Condo - from $249,900
Oceanfront fine living in the heart of Jaco Beach.  Acqua Residences is an upscale oceanfront condominium complex. With top-of-the-line features and amenities, each residence  offers its owners the opportunity to maximize their property value and realize excellent returns as a Vacation Rental. 
Condominiums start at  $249,900.
Ask about multi-unit bundle pricing.  Seller financing available.  Motivated Seller - All offers will be considered
Laguna Azul del Pacifico Real Estate  | 480.331.2960 | 506.2643.1273 

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