When it comes to owning and renting out property in Costa Rica, there’s a bit of red tape you’ll need to navigate. Here’s a rundown of the key legal points:

1. Business Licensing

In Costa Rica, renting out property on a short-term basis is considered a business activity. That means you’ll need to get the right permits and licenses. You’ll typically start by registering with the local municipality where your property is located. Each area can have different requirements, so it’s crucial to check with your local town hall.

2. Tourism Registration

Since you’re operating a short-term rental, you might also need to register with the Costa Rican Tourism Institute (ICT). This is particularly important if you’re planning to market your property online or through any tourism channels. The ICT registration helps ensure your property meets certain standards and contributes to the local tourism sector.

3. Condominium Rules

If your property is part of a condominium, you’ll need to adhere to the condo association’s rules about short-term rentals. Some condos have strict regulations or outright bans on rentals of less than a year, so it’s essential to review those bylaws before you commit.

Hiring an expert property management company, like Concierge Property Pro, can make sure you are in full legal compliance and take that stress off your plate! Contact us to start the conversation!