Can foreigners own beach property in Costa Rica? Yes, foreigners have the option to own beach property in Costa Rica, either under their individual personal names with their passport, or through a corporation.When it comes to regular property purchases in Costa Rica foreigners face minimal requirements, usually only needing a valid visa for Costa Rica.
IMPORTANT: There’s a special distinction specific to concession land, which applies to most maritime zone properties in Costa Rica (ie. beachfront properties). Concession properties can only be transferred or granted by the Costa Rican government. The process is managed by the local municipality, who then issues a concession for its use to a designated individual or corporation. If the concession is awarded to a corporation, a minimum of 51% of its shares must be owned by a Costa Rican.
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