Costa Rica: Personal Taxation
Capital Transfer Tax
A capital transfer tax of between 1% and 2% (dependent on value) is payable by the purchaser on the value of real estate purchased, plus about 1% stamp duty. For the purposes of capital transfer tax "value" means the higher of either the purchase price recorded by the parties or the value ascribed to the transaction by the relevant Government department using a prescribed formula. The law on capital transfer taxes payable is set out in the Income Tax Law.