Costa Rica's Ministry of Finance has published Decree No. 42764-H, which sets the solidary tax brackets/rates on residential property for 2021 as follows:
- over CRC 133 million - 0.25%
- over CRC 335 million - 0.30%
- over CRC 672 million - 0.35%
- over CRC 1,008 million - 0.40%
- over CRC 1,345 million - 0.45%
- over CRC 1,679 million - 0.50%
- over CRC 2,017 million - 0.55%
The solidary tax, introduced in 2008, is meant to support housing projects and is levied on the estimated value of residential …