Taxes

Costa Rica Capital Gains Tax for Foreigners: The Buyer’s 2.5% Withholding Guide

The Law That Made Buyers the Tax Police For years, the Costa Rican real estate market was simple: the seller paid their taxes, and the buyer acquired the title. But with the introduction of the Capital Gains Tax (CGT) and recent tax resolutions, particularly Article 28 ter of the Income Tax Law (Law 7092), a major change has occurred for properties sold by non-resident...