Property Tax

In Costa Rica, property tax is 0.25% of the recorded value of the real estate asset in the national registry of Costa Rica. The recorded asset value is typically significantly less than the actual value of the real estate. Property taxes are paid at the municipality to which the property belongs between January and March for the previous year’s taxes due. For example, a recorded $1,000,000 USD home would yield a property tax $2500 USD per year.