Rental Income Tax in Costa Rica compared to Latin America

Costa Rica: Rental income taxes (%).

Tax on the average annual rental income in the country, based on the following assumptions:

  • Gross rental income: $1,500/month
  • Owned by a foreign, non-resident individual
  • No other local income, no mortgage

These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.

Last updated October, 2024
Chile, Santiago 35.00%
Peru, Lima 30.00%
Puerto Rico, San Juan 29.00%
Dominican Republic, Santo Domingo 27.00%
Argentina, Buenos Aires 25.49%
Uruguay, Montevideo 25.00%
Jamaica, Kingston 25.00%
Costa Rica, San Jose 15.00%
Brazil, Sao Paolo 15.00%
Panama, Panama City 5.83%
Belize 3.00%

Costa Rica real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:

  • Encuentra24
  • Central Bank of Costa Rica
  • National Institute of Statistics and Censuses

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