If you own property in Costa Rica, you have to pay annual property tax, payable quarterly. Most municipalities will give you a discount if you pay the whole year in advance. The tax is 0.25 percent of the registered value of your property in the municipality (not in the National Registry), as regulated by Law 7509. Starting this year, and every five years after that, you have to declare the value of your property yourself. If you don’t, the engineering department of the municipality will do it for you. The property tax is paid in the municipality where your property is located.
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