Would you give $100K of your life savings to your banker without receiving any documents that prove the deposit? I would not, and I wouldn’t give it to a real estate developer in Costa Rica without proof of ownership either.
Looking to buy your dream home in Costa Rica? Why not ask your taxi driver? After all, he has the same legal authority to bring buyers and sellers together as a career real estate agent — i.e., none — and he is entitled to the same fat commission.
I’m sure that no matter where you live, the homes in your neighborhood were a lot cheaper in the 1980s than they are now. $250,000 would buy a heck of a house in 1980 anywhere in the world and would have bought you a mansion in Costa Rica. Now, $250K buys you a nice condo in Florida and a nice house in Atenas, Costa Rica, but not a mansion.