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Latest legal and regulatory insights from Costa Rica.

Is it legal to be a partner in a business without contributing money?

The concept of sweat equity in Costa Rica When people talk about having a partner in a business, many immediately think of capital investment. However, in practice, not all partners contribute money. In many projects, the most valuable contribution may be the knowledge, experience, time, or even connections that a person can bring. This type of contribution is known as sweat equity: when a person becomes a partner in a business primarily through their work and knowledge, rather than through...

Navigating a Real Estate Transaction in Costa Rica: Financing Through a Bank Loan

Purchasing property in Costa Rica can be an exciting step, whether it’s for relocation, investment, or lifestyle. However, when the purchase involves bank financing, the process adds several layers of complexity that require both strategic planning and solid legal guidance. Understanding each stage of the transaction helps prevent delays, anticipate potential issues, and protect your interests from the start.