Why Lending Money to Friends and Family Is a Bad Idea
It usually starts well. Somebody you like needs money — a business, a build, a gap between a sale and…
It usually starts well. Somebody you like needs money — a business, a build, a gap between a sale and…
Yes, but not from a bank — and the reason is a residency rule that catches almost every new arrival. What is actually available and what it costs.
The private lending market in Costa Rica is real, sizeable and almost entirely informal. How to find your way into it, from either side of the file.
Where do you park cash after moving to Costa Rica? What a savings account really does, what a property-backed loan does instead, and why most people use both.
A plain look at the realistic options for capital in Costa Rica — rentals, land, business, the market at home, and lending against property.
Hard money is the North American name for it. Here is what a property-backed loan in Costa Rica looks like from the lender side: rates, terms, and who does the work.
Most people who move here in their forties need an income, not a retirement. Why the beach bar rarely works, and what lending against property looks like instead.
What a one million dollar private lending position in Costa Rica actually looks like: file sizes, rates, terms, and the work of holding it.
Rates in Costa Rica private lending usually run 9% to 16%. Here is what moves a file to one end of that range or the other.
Private money lending in Costa Rica is something more people are exploring — and the interest makes sense. Costa Rica…