How wealth tax works in Costa Rica
Costa Rica does not impose a general annual tax on an individual's net worth, cash, portfolio or company shares merely because they are owned.
Municipalities levy annual property tax at 0.25% of the registered value of the property, with local payment schedules and valuation procedures.
The solidarity tax is a separate national tax on high-value residential, occasional or recreational property. For 2026, property is in scope when construction and fixed installations exceed ₡143 million, with progressive rates from 0.25% to 0.55%.
Tax rates at a glance
- Net wealth tax
- 0%No broad annual levy
- Municipal property tax
- 0.25%
- Solidarity tax
- 0.25% - 0.55%
- Financial-asset ownership tax
- 0%
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
Property ownersInvestorsHigh-net-worth familiesExpatsFamily offices
Watch out for
- No net wealth tax does not mean no tax on wealth-related assets. Property tax, solidarity tax, transfer tax, capital-gains tax and municipal charges can apply at different moments.
- The solidarity tax applies to residential, occasional and recreational property rather than to a person's entire net worth. The threshold and bands can change in a later period.
- Property tax is based on the value registered with the municipality, while the solidarity tax uses the statutory valuation of construction and fixed installations.
Frequently asked questions
Does Costa Rica have a wealth tax?
Costa Rica does not have a broad annual net wealth or net-worth tax on financial assets and personal wealth. Property-related taxes still apply.
What is Costa Rica's property tax rate?
The national municipal real-estate tax rate is generally 0.25% of the registered property value.
What is Costa Rica's solidarity tax?
It is a separate progressive tax on qualifying high-value residential property. For 2026, the construction and fixed-installations threshold is over ₡143 million and the published bands run from 0.25% to 0.55%.