Can A Trust Own Land in Costa Rica

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• Can A US Citizen Purchase and Legally Own Property in Costa Rica via Real Estate Trusts

  Yes, foreigners have the same rights to own property in Costa Rica as its citizens. This includes ownership of property by a US-based trust or a trust with a US citizen as its grantor or trustee(s). The only exception is concession property or land ...

• Can One Transfer A Land Patent Into A Trust

  No, it will merely transfer the deed with clear chain of title. Land patents can only be held by living persons.

• Should The Property Be Put In A Trust First or Obtain A Land Patent First

  Patenting property in one's own name and then exchanging the property into the trust will merely transfer deed with clear chain of title. And in some countries like Australia where a stamp tax is charged for each transfer, that extra step could be ...

• Is A Gated Community Private Land

  No. While large communities may exist as their own Township, this does not make them private like a Land Patent/Allodial Title does.

• Who Becomes The Owner After A Land Patent Is Perfected

  The human named on the conveyance of land patent form (e.g. you in most cases).