F.A.Q.

Where is Jaco?

Jaco Beach is located on the Central Pacific Coast of Costa Rica. It is the closest beach to San Jose, the capitol city and home of the international airport. The most developed beach town in the area, Jaco offers all types of public services, banking, supermarkets, hardware stores, sports boutiques, and restaurants to suit every taste. It’s proximity to national parks, popular surf beaches, and outdoor recreation areas has drawn many international visitors and created a major economic boom in housing and resort projects. Jaco Beach is prime real estate.

How do I get to Jaco?

Take the Interamericana Highway north out of San Jose, about 7 miles past the airport. Take the exit to Atenas. Follow it all the way to Orotina, then take the highway to Puerto Caldera for about 5 miles. Exit the Caldera Highway at the Costanera exit, and follow the Costanera Highway 30 minutes into Jaco.

What is there to do in Jaco?

Jaco is a bustling town with an endless variety of activities that everyone can enjoy. The following list is by no means exhaustive:

• Fine dining
• Sports bars
• Casinos
• Shopping
• Rain Forest Arial Tram
• ATV tours
• Driving ranges
• Surfing
• Canopy tours
• Gyms
• Kayaking
• Snorkeling
• Sunbathing
• Horseback riding
• Hang gliding
• Water falls
• Butterfly farm
• Mountain biking
• Game rooms

Are the buildings earthquake proof?

Absolutely. The Sonesta Jaco Resort is built to comply with the anti-seismic standards of the Costa Rican 2002 Seismic Code, as well as the most recent U.S. standards regarding the design of reinforced concrete and structural steel. The structural integrity of the Resort ensures that your investment in Costa Rican real estate is safe.

The construction complies with the latest versions of the International Building Code (IBC), the American Concrete Institute (ACI), the Uniform Building Code (UBC), and the American Institute of Steel Construction (AISC) norms, including it’s document “Seismic Provisions for Structural Steel Buildings” dated April 1997.

Is it safe to invest in Costa Rica?

Yes. Here are the top two reasons why:

1. Developers with years of Costa Rican real estate experience can offer their knowledge and expertise to guide you through the process of real estate investment. Riverside Developers has a proven record of offering their customers excellent security and appreciation in their previous projects, such as Riverside Condominiums and Bayside Tambor.
2. All real estate properties are registered in the public registry and each can be reviewed by anyone on line at RegistroNacional.go.cr

How do I fly to Costa Rica?

Costa Rica has become a very popular destination. Therefore, there are numerous daily flights from all over the world to Juan Santamaria International Airport, Costa Rica’s main international airport.

• European airlines have regular flights from Germany, Spain, Great Britain and Holland.
• Central and South American airlines have numerous daily flights into San Jose from Mexico, Guatemala, Honduras, Nicaragua, El Salvador, Panama, Colombia, Venezuela, Ecuador, Bolivia, Brasil, Uruguay,
  Paraguay, Argentina, Chile and Peru.
• From the United States and Canada, there are daily flights from California, Texas, Georgia, New York, Washington D.C. and Toronto. From Miami, there are more than 10 daily flights to San Jose.
• There is also regular service from international destinations into Liberia International airport in Guanacaste, Costa Rica.

What are the tax laws?

Costa Rica welcomes foreign investors, therefore, visitors from all nationalities can be owners of real estate properties in Costa Rica and have the same rights and obligations as a national.

Our tax system for foreign investment is highly attractive, with the yearly real estate property tax at .25% of the declared value of your condo. This value may only be changed by an appraisal every five years.

Costa Rican real estate laws also allow companies to own real estate property. Therefore, it is possible for foreign investors to own property through a company since they can be named as one of the three legal members to represent the company.

How do I get residency?

Costa Rica welcomes foreign investment and our immigration authorities grant residency to those real estate investors who are seriously interested in Costa Rican residency.

Those interested in obtaining resident status are required to submit certain requirements previous to the granting of this status.

For more details, visit the Costa Rican government website at http://www.migracion.go.cr

What other projects does Riverside Developers offer?

Besides Sonesta Jaco Resort, Riverside Developers offers three other first-class properties:

Riverside Condominiums, the luxury city condos in San Jose, has just a few unit still for sale. The two-tower residence has a great Location in Escazu, with the best views in San Jose. It’s an ideal location
for a first or second home, as well as a smart investment.

Bayside Tambor, Riverside Developers luxury beachfront villas in the peaceful location of Tambor on the Peninsula of Nicoya, has been a tremendous success. With the first stage completely sold out, Stage 2
is ready to begin. Contact us at http://www.baysidetambor.com for further information.

Ocean Whisper is a hotel condominium featuring one-bedroom units with panoramic views of the Pacific from a secure, gated community. Tropical design and high-end appointments grace the apartments, while a poolside bar, spa, and yoga center accentuate the Ocean Whisper grounds.