Real estate ownership in Costa Rica is open to foreign investors, both individuals and private companies. Few restrictions apply to foreigners owning land and property in Costa Rica. The key to protecting your investment is either physical occupancy or hiring a management company to oversee your property. When buying property you need a real estate attorney. This should ensure a title search and the property being registered in your name properly. Make sure to double check it being registered in your name by your closing attorney though, as there have been cases where one pays cash for the property but never asks to see the registration/title in their name. In such cases taxes are being payed by the old owner which reestablishes their previous ownership. Then they are even able to remortgage and/or sell that property. Make sure to do research and ask questions. It is always a good idea to get your own attorney for representation on any transaction in any part of the world.  Read the rest of the story HERE!