Guide to Buying Property in Costa Rica and Panama: Protect your money from market ups and downs with guaranteed fixed annuity rates.

 

Guide to Buying Property in Costa Rica and Panama: Protect your money from market ups and downs with guaranteed fixed annuity rates.  June 27, 2024 by rafaelvilagut@gmail.com, whatsapp +50661108665 Costa Rica.

In this informative video, Costa Rican lawyer Alejandro Pignataro explains the process of purchasing fee simple property in Costa Rica as a foreign national. He covers topics such as the rights afforded to foreign nationals in terms of ownership, the steps involved in the purchase process including LOI and SPA, due diligence, and the closing process. He also provides insight into typical closing costs, which include transfer tax, public registry stamps and duties, legal fees, and the cost of setting up a Costa Rican entity. If you're considering investing in real estate in Costa Rica, this video is a must-watch for any foreign national.  Guide to Buying Property in Costa Rica: Legal Process and Due Diligence Explained, https://youtu.be/_2UP6JqSz8Q?si=sSbpMiZn43e18wxW.

This is the traditional way, however in Costa Rica for 21 years, Transcomer-Bolcomer has made its innovative model available to Costa Rican investors or those with roots in Costa Rica, through the futures options market, and fixed-rate investment guarantees with a trust.

Similar Models in Other Countries.

Regarding finding similar models in other countries, companies like Unit Investment Trusts (UITs) in the U.S. offer investment products that guarantee fixed returns and are regulated by the SEC​ (Guggenheim Investments)​. 

In Panama, companies operating under the Real Estate Investment Companies (REIC) structure also offer similar financial products with high security standards and regulation​ (FABREGA MOLINO)​.

Lastly, Fixed Annuities in the U.S., offered by companies like TIAA, provide fixed and stable returns, mitigating market and longevity risks, making them a comparable option to Transcomer's products​ (TIAA)​.

Sources Consulted.

1. Central Bank of Costa Rica: BCCR
2. Commercial Stock Exchange of Costa Rica: Bolcomer
3. Transcomer Brokerage Firm: Transcomer
4. SEC - Securities and Exchange Commission: SEC
5. Unit Investment Trusts: Guggenheim Investments
6. Real Estate Limited Partnerships: Investopedia
7. Fixed Annuities: TIAA