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Posted by clueless [196.40.10.231] on Sunday, February 06, 2011 at 14:38:47 :
In Reply to: Re: Just so you know posted by Jerry in Idaho [64.139.238.43] on Sunday, February 06, 2011 at 12:32:51 :
The best answer I can come up is as compared to owning something in the US is yes, even if you are not a citizen. If they decide to do some kind of public works where your land is as in the case of my friend from Canada on his farm in Canada, they took his whole farm, they paid for it, but he don't seem to happy about the compensation. I have owned land here for 20 years and it is in my name in the public registry.
The only thing you would not want to do is let somebody get away with living on it for ten consecutive years and work it then they maybe could get some kind of squatters rights
So if you buy something you need to do something with it or at least live there our rent it out on a contractual basis or pay some one to live there and etc. All of which can be done very legally, with no risk to ownership.
I have nothing on my lot in the mountains but do go up once every three months and check things out, so far so good.
As far as living here and not being a resident or a citizen, it is a hassle because
you have to leave the country every three months and then come back in on your passport again as a tourist but you still own your property. You cannot legally work here but you can own a business and have employees and you can take profit from the business but not a salary.
If you get a residency then you can work here. I believe you still qualify for residency if you deposit $50000 in a local bank or invest $50000 in property or business. I can check and see if you'd like.
I have applied for my cr citizenship, as I am married(qualify's you for citizenship, which is what I am doing now to a Tica(we are separated but we get along) I had a residency a long time ago also because I married a Tica, what I did not know is that also qualified me to be a citizen. And as of about 1990 US allows dual citizenship so I will be a dual citizen soon.
Lots of folks make a big deal about owning and being a tourist on their passport because you have to leave the country every 3 months for a couple days once every month.
It's not so bad though, because you can go to Panama or Nicargua for a visit, everything is cheaper in Panama anyway,if you do this for twelve years then you also can qualify for C.R. citizenship.
When I used to have to do it I would go by Pavones----longest left hander in the world or so they say, probably not true anymore. You can actually check out of the country and into Panama go to Pavones in Costa Rica and surf for a couple days and go back to the border and check out of Panama and back into Costa Rica and nobody says boo!, hell if you lived in Pavones it would be a piece of cake.
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