Investing outside the United States

[Brian Price]

Anyone have any advice on investing in Costa Rica? I looked in Jaco because it seems like a good central beach location. Tourists could make day trips north and south. I’ve looked at 1BR in Condominium Tropicale across the street from the beach for $75K. I was told it rented year round from both locals and tourists. I’ve also looked at some 2BR & 3BR 3-5 blocks off the beach from $165K to $250K.

Meanwhile my wife thinks we should explore the more upscale areas of Manuel Antonio or Guanacaste.

It’s my understanding that everything is owner finance down there which I like. Also my wife is a TICA (pura vida!) so she would probably be able to negotiate a better deal then this gringo! I’m not so interested in becoming an expat just yet. Just want to be able to take her home once or twice a year and rent it out the rest of the time. I’m thinking I would need a local management company as well.

I would like to spend a month or two down there looking at the areas.

Any thoughts? Advice?

Brian