Archive for the 'Real Estate News' Category



Offshore Companies in Costa Rica

Friday 3 July 2009 @ 12:49 pm

costa-rica-ocean-viewIncome Tax: our tax system is territorial, not worldwide, which means that only the income produced in Costa Rica is covered by the income tax. So if you are doing business outside of Costa Rica, you can legally register a company in Costa Rica, without having to pay taxes in
Costa Rica over the earnings that you produce outside of Costa Rica.
Corporate Tax:
if you have an company inactive in Costa Rica, there are no taxes to pay, it doesn’t matter what type of corporation you may have, whether it be a Limited Liability Company or a Corporation, our Tax Administration is the same, zero taxes.
Capital Gains:
In the case that you acquire an asset or property in Costa Rica, and you then decide to sell it, you don’t have to pay taxes on produced gains.
Registration of Stock and Private Stockholders:
Companies in Costa Rica, are called Sociedades Anónimas (Anonymous Societies), and one of the most important characteristics of them is that the record of shareholders is absolutely private – it’s not public – and it is managed by the very shareholders. So if you incorporate in Costa Rica, it doesn’t manner if you are a shareholder or not, the information is not public and nobody can obtain it.
How to Incorporate a Company in Costa Rica:
It is legally possible to incorporate and create a company in Costa Rica, without necessarily being physically in Costa Rica. We use system that is proven that from your city of residence, you can do any procedures, our firm of lawyers will provide you the necessary documentation and assistance in the process of legalizing your document.
see more in: http://www.encuentra24.com/costa-rica/index.php/costa-ri …
How to Obtain a Bank Account in Costa Rica:
The banking system has been improving notably its systems with better internet banking, better services, rapid systems for fund transfers to and from Costa Rica. Amongst our packet of services we can include the opening of a checking account for your company.
Take a forward step for your business, for years Costa Rica has been a destination for large companies around the world, now it is your turn.

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COSTA RICA REAL ESTATE CONSULTING is a advetising company, specializing in content and news in property law, law and real estate advertising in Costa Rica

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Bargain Hunters Not Afraid of Foreclosures Anymore

Wednesday 27 May 2009 @ 7:54 pm

10245082-platinum-properties-investor-networkIn previous economies, it used to be that people interested in buying a home would turn up their nose at the prospect of a foreclosed property and keep right on shopping. Before the recent mortgage crisis, more times than not, that was a good idea. Foreclosed properties carried with them a particular set of associated baggage that could create headaches, both immediate and down the road. Things like:

1.   Poor maintenance and abuse leading to hidden costs that could swell into the tens or hundreds of thousands of dollars.
2.   Decreased home value due to other foreclosures in the neighborhood.
3.   Stigma of living in a “trashed out” home.

All of these used to be legitimate concerns, and some still are, but one thing is certain – this isn’t your dad’s foreclosure market any more. As has been recounted previously, a large percentage of foreclosures now on the market are not beaten-down, boarded-up, homeless catch-all structures. These days, you’re just as likely to find a house not more than a few years old, with very little wear and tear, sitting right in the middle of a nice neighborhood.

In today’s real estate market, it’s not just the lower income families losing their homes. It’s solidly middle and even upper-middle class professionals who simply took on too much mortgage. Homebuyers and real estate investors alike see this as the buying opportunity of a lifetime. A recent survey commissioned by Trulia.com and Realtytrac reveals a jump in consumer willingness to consider purchasing a foreclosed home in the near future.

How much of a jump? 55% this year versus 47% when compared to the same question a year ago. That’s a pretty decent jump. If you dig deeper into the data, you begin to see why. Potential home buyers are looking for bargains, plain and simple. 40% of them expect that purchasing a foreclosed property will get them a savings of at least 50%. Last year, only 31% expected to realize that level of savings.

Is it true? Doesn’t matter. Perception is reality. If people believe it to be true, they will act on that belief. News stories focusing on incredible deals like houses selling for $5,000 only serve to fuel the fire. If one person actually gets a deal like that, the perception for each and every buyer is they can do the same.

But can they all find a bargain? With foreclosure activity up 32% from last year, the odds have certainly gotten a lot better. RealtyTrac reports that one out of every 374 houses has received a foreclosure filing in April of this year. That’s the highest rate since they started tracking in January of 2005. And new home builders are feeling the effects of this new consumer sentiment. 53% of all home sales in southern California in April were foreclosures.

But what do these changes mean to the average income property investor eager to pad their real estate portfolio with foreclosures?

To cut to the chase, all this means…absolutely nothing. Your strategy should not change. You still should not buy any property unless it makes sense the day you buy it. As an innovative educator in buying real estate, Jason Hartman and Platinum Properties Investor Network highly recommend you evaluate a foreclosure property purchase exactly the same as you would any other, namely, according to proven strategies.

Critical decisions still need to be made regarding proper local markets and then micro-target your selection down to the neighborhood level. Foreclosure properties don’t get any leeway in this decision-making process just because they’re cheap. Cheap won’t get you very far as an investor if poor location makes the thing unrentable. It’s been said before – any property you buy should make financial sense the day you buy it. If it doesn’t, why waste your time and money? Do you have an investment death wish?

If you’re a budding real estate entrepreneur agonizing over exactly where to start, we know of no better place than http://www.JasonHartman.com and the flagship program The Complete Solution For Real Estate Investors™. Training is free via a vast array of resources at the website like The Creating Wealth Show, ebooks, blog, and even one-on-one personal consultation with our expert investor counselors. Questions? Call any time at 714-820-4200.

Armed with the proper knowledge, real estate investors can definitely jump into the foreclosure market and learn to separate a good deal from a money pit. History proves real estate is THE best investment. There is no better time than the present to learn the skills needed to take advantage of this incredible moment in time. Move fast, study hard, ask questions, and in less time than you might think, you could be making the first entry in your real estate investment portfolio.

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Platinum Properties Investor Network is a comprehensive solution providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. Led by our President Jason Hartman, our conservative approach puts investors on the path to true financial security and personal wealth. Not only do we offer you valuable assistance in acquiring properties, but we will show you how to develop an investment strategy that will take advantage of the next market downturn. To find out more about our recommended markets, visit us on our website at http://www.JasonHartman.com/.

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