Buying Property in Costa Rica? The IRS Has Rules Your Lawyer Won't Mention #costarica #retireabroad

https://quiz.planwithvitality.com/crc Buying property in Costa Rica? The lawyer down there will tell you to set up a corporation. They all do. But the IRS sees that corporation as yours. That means paperwork most Americans have never heard of. Miss it and the fine can be over $16,000 for every year you do not file. The lawyer in Costa Rica does not warn you. Your accountant back home has probably never dealt with it. And that is just the property side. Investment accounts, healthcare, and tax rules all change too. I'm a CERTIFIED FINANCIAL PLANNER™ Professional who specializes in cross-border financial planning for people moving to Costa Rica. buying property in costa rica as american | costa rica property corporation | sociedad anonima costa rica taxes | IRS foreign corporation reporting | costa rica real estate for americans | FBAR costa rica property | costa rica property tax for foreigners | buying a house in costa rica | costa rica real estate mistakes | cross-border property planning #CostaRicaProperty #BuyingInCostaRica #CostaRicaRealEstate #ExpatProperty #IRSReporting #CrossBorderPlanning #CFP #CostaRicaRetirement #PropertyAbroad #CostaRicaExpat --- This video is for educational purposes only and is not be considered advice. Please consult your investment, tax, or legal professional for advice. All projected figures are estimates only; they are not guarantees and should not be construed as promises of future investment or tax outcomes. Vitality Wealth Planning LLC is a registered investment adviser in the State of Washington. “Vitality Wealth Planning” is a registered trade name of Vitality Wealth Planning LLC.