If you’ve visited Costa Rica for long periods or if you’ve lived in Costa Rica for any length of time, you’ll notice that they take their year-end holidays pretty seriously. Most government offices take two weeks off during this period. Don’t let that stop you from investing during the holidays! In fact, as a mortgage investor, you can rest assured knowing that no changes can be made to property titles during this time.
Registro Nacional, the agency in charge of recording public documents, including mortgages, is closed for most services from the last week of December until the beginning of January. All online services should still be available, including lookup and certifications.
Loans can be signed and disbursed, then submitted to the Registro Nacional first thing at the beginning of January. The actual legal start date is when it is signed on the notary public’s protocol, not when submitted to Registro.
The National Registry informs that the central and regional headquarters throughout the country will remain closed from December 26, 2022, to January 6, 2023.
During this period, the registration procedures in the Digital Window and Intellectual Property will be out of service. The WIPO Publish online consultation system will be available.
- Perez Zeledon, Limon, Liberia.
From 8:00 a.m. to 3:30 p.m.
Use the rnpdigital.com portal for free consultations and purchase of digital services.
Investing is a great opportunity during the holidays; don’t miss it!
Merry Christmas and a Happy New Year from all of us at Grupo Gap!
–Jeffrey Alami, Loan Analyst, Grupo GAP LLC SRL
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