Costa Rica continues to offer the local and the foreigner many opportunities. A popular destination for folks looking to retire, families wishing to raise their children abroad, entrepreneurs desiring a change of scenery, investors looking to diversify their portfolio, or those searching for a tropical vacation home or rental property.

Coldwell Banker Samara is a husband and wife team that has been visiting Costa Rica for over 10 years. In 2002, they purchased a ranch to build a home and to start an organic farm. A few years later, they finished the home and also decided to open a Coldwell Banker office in Samara.

If you are considering spending any amount of time in Costa Rica beyond a one-time visit there is a beautiful bounty of experiences and adventures you will want to enjoy. Whether you prefer the seclusion of a mountain getaway or to be in the middle of the action, a bit of local knowledge can enhance your journey.

The Samara and Carrillo areas enjoy an expansive demographic of visitors, and part and full time residents. Samara is a destination for students drawn by the Samara Massage School, Intercultura Language School that has campuses both in Heredia and Samara, and the TEFL program that offers certification in Teaching English as a Foreign Language. University students also visit enjoying a break from their studies.

Baby boomers are also frequenting the southern Guanacaste peninsula towns of Samara and Carrillo. Some have moved down as full time residents to enjoy the perpetual summers while snowbirds arrive just for the colder seasons of Canada and the United States to warm their bones and reunite with their friends from last year. Many of the snowbirds, take advantage of the growing demand for rentals in Samara and Carrillo and have their condos and homes rented to beach goers from France, Switzerland, England, Italy, Spain, Czechoslovakia, Israel, Canada, parts of South America, and the United States – just to name a handful.

More families with children are also relocating or spending a few months of the year in Costa Rica. Some families are having their children born abroad while others are moving down with kids of all ages. The needs of the growing expat family base is expanding the education system and broadening the curriculum offering.

Business owners with varying backgrounds are also drawn to Costa Rica. These business range from restaurateurs, boutique businesses ranging from charming hotels to delicious eateries of Italian, French, Spanish, Vegetarian, Vegan, Argentinean and many more cuisines, to other specialty businesses. Various tradesmen are also finding their skills in very high demand.

We strive to be a resource for both our buyers and our sellers. This includes information on what it is like to live in Costa Rica, how much does it cost to live in Samara, the cultural activities on the Guanacaste peninsula or in the Central Valley, the best tips on learning Spanish and more. We also offer our clientele rental and property management services, pointers on opening a bank account or starting electrical or telephone service, and introductions to legal teams that our clients have been pleased with – we aim to offer a full compliment of real estate services and make the process easy and enjoyable!

Knowing what to expect when moving or spending a significant amount of time in another country is key to your success. There are many resources you can turn to with information on what life is like, how much things cost from food to utilities, and what types of activities are available ranging from beachcombing or golf to yoga. Costa Rica can accommodate all tastes and budgets.

While Samara and Carrillo proudly maintain its village feel you can find many amenities and products nearby or they can be found in the "big city," which ranges from a 45 minute trip to Nicoya, 1-1/2 hours to Playas del Cocos or 3 hours to San Jose. Of course, you could always opt for a 45-minute flight on Nature Air from Punta Islita or Nosara and be in San Jose very quickly.

More to come on this, but to give you a sense of some of the options:

Walmart has over 300 hundred supermarkets in Central America including Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica. Their stores include Mas X Menos, Pali, Maxibodega and Hipermas. A Maxibodega is located in Nicoya less than 45 mintues from Samara and a Pali store opened in December 2010 in central Samara. While neither store maintains the gargantuan footprints often found in North American locations, they have a respectable offering of foodstuffs and household supplies at very low prices and provide a great deal of jobs in the communities they serve.

The first factor in determining your own cost of living is to understanding your budget and they type of lifestyle you would like to lead here.

If you are considering investing your time and money in Costa Rica you will surely identify with some of the frequently asked questions we hear each week.

1. Can I apply for residency? How much does it cost and how long does it take?
There are several reputable firms that can help you though the process of determining if you qualify for residency and the subsequent application process. If you are a do-it-yourselfer – this is a possibility as well. We highly recommend you are able to speak Spanish so you can navigate the process with the least amount of frustration. There are a number of online resources including associations of retired people in Costa Rica. It is critical to understand that laws change quickly here and the laws governing residency are under review. Any experienced attorney can make this process smoother for you.

There are five residency categories in which you might be considered eligible for:

• Permanent: You marry a citizen or have a child in Costa Rica
• Pensionado: You have proof of $1000/month for a permanent pension/retirement source
• Rentista: You have proof of $2500/month for 5 years of $150K deposited in Costa Rica bank.
• Inversionista: You invest $200K in a business or other approved amount in a specific sector approved by the government
• Representante: You are a director of a company of a certain size meeting certain criteria.

2. How do I find an attorney? Can you make a recommendation?
Coldwell Banker Samara does not make recommendations per se but we can share with you those law firms our clients have been very pleased with and help you obtain references. We can also share with you our experiences and who we turn to for legal advice.

3. Can I have my personal belongs or my car shipped to Costa Rica?
Yes, you can have your personal belongs or your car shipped to Costa Rica. It is important that you first evaluate what you really want/need to have here with you. The transport process is a lengthy and expensive one. Definitely insure your items and consider the benefits of storing your items and trying Costa Rica on for size before moving everything you own. You will pay import and custom duties on all things – new and used. More information to come.

4. Can I bring my dog or cat to Costa Rica?
Absolutely! Be sure to double-check the current vaccination regulations. There is no quarantine on cats or dogs. Most airlines will only allow so many animals in the passenger and cargo holds of a plane so planning ahead for your transport is key. You do make a reservation for your pet and there will be a fee so be sure to inform them when you are making your flight arrangements. You need to have a certificate from your vet that complies with the US Department of Agriculture – most vets will know all about this. If not, find a new vet as you do not want to leave your kittie or poochie at the airport! All shots, (except for rabies) must be given within 30 days to arrival. Rabies must be given at least 30 days prior to arrival but not older that one year.

5. How much does it cost to live in Samara?
See our section on COST OF LIVING. This is largely dependent upon the lifestyle you lead and what your wants and needs are. Foodstuffs are generally inexpensive as are other supplies for the home. Electronics and other items that are imported tend to be significantly more expensive that the deals scored at Best Buy or Target.

6. Can I open a bank account in Costa Rica?
Yes. A list of the documents needed to do this for you personally or for your corporation is coming soon.

7. What are the property taxes in Costa Rica?
There are two properties taxes collected in Costa Rica. The first is the basic municipality tax that is very low at .25% of the registered value of the property. The second is the luxury tax. This tax is levied on home construction values in excess of $200,000 and the funds are designated for the efforts to fight poverty and eliminate shantytowns in Costa Rica. The tax is actually called the "Solidarity Tax for the Strengthening of the Housing Program" and is .25 of the fair market value of homes $200,000 and above. Please see an attorney or accountant to determine if the home you are considering could be eligible as the tax rates do have aggregate increases and depending upon the value of the colon to the dollar impacts the value limits of the homes that do and do not qualify and the % of tax levied.

8. Can I buy health insurance in Costa Rica?
Yes, there are a few options. There are a number of international insurers that provide catastrophic policies and follow you wherever you travel to. You can also obtain policies from INS or CAJA within Costa Rica. 

9. Can my pension or Social Security be deposited directly into my Costa Rica bank account?
Yes, the United States Embassy can help you make these arrangements. More information coming soon.

10. Are there property managers and rental agencies to help me with my property when I am not there?
Yes, there are several options to choose from. Coldwell Banker Samara can help you with both of these services – just ask! Property management generally runs between $80-$150 per month depending upon your needs. Rental fees range from 10-15% of the rental revenue depending upon the duration of the rental.

11. Do I have to learn Spanish?
Yes, please! This is a beautiful part of living here and really opens your mind to the culture and the people. Yes, you can get by without it but it really is a key part of living here and the Ticos are so helpful and willing to teach you as you go.

12. Do I need to leave the country every 90 days?
Yes, if you are you do not have residency. There are many options that cater to the folks in need of the "90-day Visa Run". Trips to Nicaragua's Granada or San Juan del Sur or Panama's Bocas del Toro are just a few of the quick escapes that turn into mini-vacations. Nature Air offers airfare and hotel packages or you can simply catch the bus and head for the northern or southern border.

INVESTING IN REAL ESTATE

Just like in the United States, Canada, and Europe, there are different types of property available to buyers that can be owned on a personal capacity or through a corporation; regardless of the owner's nationality (with the exception of concessions in maritime zone). Understanding the various types that are available for purchase is critical in the evaluation process. Below are the property types that can be purchased in Costa Rica and the implications of each type of ownership for the buyer.

1. Fee Simple
The most comprehensive form of property ownership in Costa Rica is fee simple ownership. In this respect, the conditions for this type of ownership are the same for Costa Rican nationals as they are for foreigners. The concept of fee simple ownership is the same in Costa Rica as in the United States, Canada and Europe; namely, fee simple ownership gives the owner of the property the absolute right to materially own the property, use it, enjoy it, sell it, lease it, improve it, among other things, subject only to conditions outlined in the Costa Rican Laws.

2. Concessions in the Maritime Zone
Beachfront property is more commonly known as "concession property." In Costa Rica, 95% of beachfront property is concession property and is governed by the Shoreline Zone Law (Law No. 6043) and other specific regulations including but not limited to special dispositions ensuing from local governments i.e. municipalities and Costa Rican Board of Tourism (ICT). These legal dispositions set forth the conditions under which foreigners and local residents can lease concession property.

In Costa Rica, a concession is defined as the right to use and enjoy a specific portion of land located on the shoreline zone for a pre-determined period of time and based on a predetermined use of the soil (zoning or master plan, known as "Plan Regulador"). The Government, through its corresponding municipality, grants this right by means of a private agreement between concessionaire and municipality that is further recorded in a Public Registry. This agreement also establishes a yearly concession fee that is paid based on an appraisal performed by government financial authorities.

Costa Rica's maritime zone is comprised of 200 meters (approximately 600 feet) starting at the mean high tide mark and heading inland. The 200-meter zone is government owned. No individual or company can own the 200-meter zone. The maritime zone is divided into two strips of land:

a. The first strip is 50 meters (approximately 150 feet) wide is known as the "public zone" and is absolutely public. This zone is not available for ownership of any kind. No development is allowed, except for construction approved by government entities i.e. marinas. Furthermore, this area is deemed public; therefore, it is available for use and transit of any individual.

b. The following 150 meters (approximately 450 feet) can be subject to occupation or lease by individuals or companies, either through a concession with the respective municipality (in case of residential and commercially exploitable portions of land) or a management plan with the Ministry of Environment and Energy (MINAE), in the case of environmentally sensitive, low density, portions of land. In both cases, the property can be used, although not owned (same as with a lease).

Both concession agreements and management plans are entered between private parties and the Government for a limited period of time (5 to 20 years at Government's discretion); however, most concessions and management plans are granted for 20 years. During this period, the concessionaire pays a fee for the use and occupation of such government land. Renewal for equal and consecutive periods is negotiated between private parties and the corresponding government authority; such renewal is usually based on the concessionaire's ability to comply with its commitments and obligations during the previous agreement. Such obligations may include having assumed the compromise to build on that concession land, subdivide it or perform other acts of development or improvement on the land, in which case, the concessionaire will be required to obtain all appropriate permits from the local municipality.

Unlike fee simple property, foreigners do not have the same rights as citizens when it comes to leasing maritime zone concession land. The law establishes that foreigners cannot be majority holders of concession land. A foreigner can, however, enter into a partnership with a Costa Rican citizen where the Costa Rican national appears as the majority holder of the concession land. An exception to this prohibition applies to foreigners who have resided in Costa Rica for at least five years, who can also appear as majority holders of a concession. Nevertheless, alternative mechanisms can be analyzed on a case by case basis.

3. Condominiums
Traditionally, the concept of "Condominium" is associated with apartment buildings and townhouses. In Costa Rica, however, there is a specific law called "Condominium Property Law" that provides a framework for development of different types of properties, including single family residence projects, finished lot projects, vertical and horizontal property condos, among other.

This law allows a developer to restrict and regulate certain aspects of the development. Each Condominium development has its own by-laws containing all applicable conditions, restrictions and regulations applicable to owners in such development.

Condominium property ownership is fee simple ownership, but usually carries with it a few additional restrictions set forth by the developer, such as architectural guidelines, land use restrictions, and other limitations that may be placed on each branch property. For the most part, condominium laws are designed to protect the integrity of a development and maintain the "look and feel" of the project.

This information was provided as a courtesy by MV Law.

The complexion of retirement has changed from that of several decades ago when individuals waited until they turned 65 before pursuing some of their life's dreams. More and more, singles and couples are departing from their traditional jobs to explore other cultures and increase their quality of life.

While no longer a secret, Costa Rica continues to be a very special country and popular option for those looking to stretch their income. With modern health care facilities in major cities, a 3G network for communications – yes you can bring your iPhone, temperate climate in the Central Valley, endless beaches and perpetual summer on the east and west coasts, and kilometers upon kilometers of biodiversity in the country's jungles, there is something for everyone.

A diverse population of travelers and residents are found Samara and Carrillo from Canada, Europe, North American, Central America, South American, Eastern Europe, and Asia. In Samara and Carrillo alone, you will find many languages spoken; Spanish of course, but also German, Italian, French, Czech, Chinese, and English to name a few.

Many over the last decade have referred to Costa Rica as the "Switzerland of Central America". Yes there are similarities. Both democracies hold stability and peace as high values as demonstrated by no standing army and a commitment to progressive ideas. In Costa Rica's case, the standing army was abolished in 1949 and during the recent Arias Administration the country committed to carbon neutrality by 2021. What does carbon neutrality mean? It means reducing or offsetting emission contributing to global warming.

Other positive signs: the country is ranked 3rd in the world and 1st in the Americas in the 2010 Environmental Performance Index. This is an index developed by Yale University to measure a country's performance against its policies. Not bad for a developing country. In 2010, Costa Rica was ranked 62nd in the world. This ranking signifies Costa Rica's ranking with regard to literacy, education, standards of living, and life expectancy measuring human well being, particularly that of children.

There are some great resources to explore if you are considering a move or spending a considerable amount of time in Costa Rica. John Howell's "Choose Costa Rica for Retirement, 9th Edition: Retirement, Travel, and Business", Erin Van Rheenen's "Moon Living Abroad in Costa Rica". With Costa Rica becoming more and more popular, additional books and online resources are readily available. Many of the books on living and investing in Costa Rica can be found through Amazon.com and can even be downloaded to Kindle and other devices.

In describing the beaches of Samara and Carrillo, John Howell's 7th edition of Choose Costa Rica for Retirement describes "one of the most beautiful imaginable in a country of beautiful beaches". This is just one of many reasons, people are starting to discover Samara and Carrillo. The incredibly friendly locals, charming village center of Samara, and diversified local and visiting populations makes Samara a perfect spot for many types of adventures.




Here are some of the events and celebrations in and around Samara:

DECEMBER (last week) to JANUARY 15: NATIONAL CIVIC FESTIVAL
Declared a day of national interest for its cultural wealth and importance not only for the region but throughout the country this holiday is an unforgettable experience for visitors. This holiday honors the Santo Cristo de Esquipulas, patron saint of Santa Cruz. Dances are held outdoors, crafts are displayed and for sale, concerts and competitions are offered and all enjoy the Marimbas and typical food. These events are also famous for bullfights and bull riding, where many people enter a ring in the main square to challenge the bulls. Unlike traditional Spanish or Mexican bullfights, the bulls are not hurt much less killed.

This week also marks the famous HORSES STOP where hundreds of people come from all over the country and parade with their horses and costumes through the main streets of the city. During this activity, many tourists rent horses and participate in the festival. It is an amazing festival that goes all week long and into the night!

APRIL: CHILDREN'S SYMPHONY
The Nicoya musical school offers the community a symphony. In 2011, this event was held at Intercultura Language School. The school offers a free music program for children of all ages beginning at age 2. The symphony is valued by all and now tours the country.

APRIL 11: CELEBRATION OF BAREFOOT SOLIDER, NATIONAL HERO
Costa Rica commemorates a Costa Rican national hero. A barefoot solider who gave his life in battle against William Walker's troops in 1856. There are celebrations throughout the week with parades, concerts, dances and reenactments of the battle.

APRIL: HOLY WEEK (SEMANA SANTA)
Huge processions all across the province can be seen by visitors. In the larger cities many of the shops, bars, and restaurants are closed from Holy Thursday to Easter Sunday. Typically alcoholic beverages are not served on Holy Thursday and Good Friday. There is an assortment of crafts for sale and concerts and typical food. In Samara the carnival and rodeo visit each year which the families all enjoy.

JULY 25: DAY OF THE GUANACASTE'S ANNEXATION TO COSTA RICA
It celebrates the annexation of the Nicoya Party to Costa Rica in Guanacaste which became part of Costa Rica. The main activity takes place in the city of Liberia, where cultural activities are held for a week (two full weekends) and is one of the busiest holidays throughout the country. Concerts, bull riding (bull riding), various cultural activities, crafts, and local foods are just some of the things that you can enjoy in the company of thousands of locals and tourists.

SEPTEMBER 15: COSTA RICA INDEPENDENCE DAY
On September 14, the Torch of Freedom is carried from Nicaragua by student relay runners to Carthago. At 6 pm on September 15 all Costa Ricans throughout the country stop work and sing the National Anthem. Parades and parties follow the activity and the day before the children of every town of the country celebrate with a lantern festival on the main streets.

OCTOBER: LA VUELTA DE LA SOLEDAD
Cyclists and spectators come from all over Costa to enjoy watch the athletes arrive and stay the night.

OCTOBER 12: DAY OF CULTURE
Previously called Columbus Day or the Day of Races is in recognition of Costa Rica's multicultural legacy. It is held on the anniversary of Columbus' "discovery" in 1492. Activities include traditional dances and indigenous ceremonies and festivals.

NOVEMBER 12: PICA DE LEñA
Translated as the fiesta of woodcutting, this event is one of the most colorful ceremonies of the Nicoya fiestas. Hundreds of carretas, traditional oxcarts loaded with firewood, are dragged through the streets to the House of the Virgin where the oxcart drivers are rewarded with food and chirrete, the traditional Indian maize brew. This celebration is a true Fiesta del Pueblo with marimba concerts, typical food, and dancing to live music.

DECEMBER 12: FIESTA DE LA MARE
The wood donated from the Pica de Leña is used for the communal cooking during the celebration of the Yegüita (Fiesta de la mare). This tradition combines Indian legends with the Catholic veneration of the Virgin of Guadalupe. The holy image of the dark Madonna is ceremoniously carried through the streets of Nicoya and then brought back to the Catholic Church where a mass is held. Then, in the House of the Virgin traditional food and drinks are dispensed to the participants. Processions, bullfights, fireworks and concerts typically follow.