🇨🇷 Costa Rica
A stable eco-paradise blending breathtaking nature, a thriving expat community, and favorable tax conditions in Central America.
Costa Rica Citizenship and Naturalization
Grade:
BGlobal Rank: 62
Visa-free Access
129 out of 195 countries
Access to Major Destinations
- European Union
- United Kingdom
- Canada
- United States
- China
- Russia
- Japan
| Category | Details |
|---|---|
Citizenship by Descent |
|
Naturalizations |
|
Spouse Naturalization |
|
Birthright Citizenship |
|
Economic Citizenship (Investment) |
|
Other Provisions |
|
Citizenship by Exception |
|
Taxation Overview
Personal Tax Overview: Costa Rica 🇨🇷
Key information about personal taxation in Costa Rica
Tax Residency
Normal rule: 183 days
Special rule: No information
Special Tax Regime
No information
| From (CRC) | To (CRC) | Tax Rate |
|---|---|---|
| 0 | 4,094,000 | 0% |
| 4,094,001 | 6,115,000 | 10% |
| 6,115,001 | 10,200,000 | 15% |
| 10,200,001 | 20,442,000 | 20% |
| 20,442,001 | and above | 25% |
Dividend Tax
15%
Dividends are subject to a withholding tax of 15%, with a reduced rate of 5% applicable if the recipient company owns at least 20% of the distributing company, depending on treaty provisions.
Capital Gains Tax
15%
Capital gains tax is exempt on assets acquired before July 1, 2019, if specific conditions are met, such as the asset being held for a certain period.
Property Rental Income
15%
Property rental income is taxed at a flat rate of 15%, with a deduction of 15% for general property owners and 20% for real estate funds. For short-term rentals, a 13% VAT applies.
Property Tax
Yes
Property tax in Costa Rica is 0.25% of the registered value, with a luxury home tax ranging from 0.25% to 0.55% for properties exceeding ₡148 million in construction value.
Inheritance Tax
No
Costa Rica does not have an inheritance tax. However, the transfer of property and property rights upon death is subject to a progressive transfer tax, which varies depending on the value of the property.
Wealth Tax
No
VAT
13%
The standard VAT rate in Costa Rica is 13%, applicable to most goods and services.
CFC Laws
No
