Tag: Escrow

Costa Rica escrow and real estate closingArtboard 2

Costa Rica escrow and real estate closing

Estimated Reading Time: 7 Minutes What is Costa Rica escrow, and why should you use escrow for a real estate closing? Is it really necessary? The Costa Rican authorities don’t want you to purchase a property with a wheelbarrow full of money. For many years, cash purchases happened all the time. Worldwide, authorities want more…

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All About The Property Sale ProceedsArtboard 2

All About The Property Sale Proceeds

Estimated Reading Time: 4 Minutes Did you know that Law 8204 can freeze your property sale proceeds if you cannot show the origin of the funds? The sale proceeds are the funds received by a recipient from the sale. You might think, “What do I care where the buyer got the money.” But, unfortunately, you…

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