How much are property taxes in Costa Rica?

This annual tax is 0.25% of the registered property value. For example, a US$ 500,000 property pays US$ 1,250 per year in property tax. For that reason, low property tax is one of the many reasons to invest in Costa Rica real estate. The calculation on the property tax is based on the registered value on the register, which is always lower than the real one. 

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