Benefits of Real Estate in a Corporation in 2017? in Real Estate in Costa Rica Posted April 14, 2017 · Report reply Interesting stuff as I have SA to hold property. Redbeard (or Induna?) can you explain what you say as the removal of the (i.e. real estate transfer tax exemption). I was not aware of any transfer tax for example if the shares of the corp are changed in the SA books and you have actual printed shares on legal paper (which I recommend) which can be endorsed in advance on the back without putting a name in but should be able to just be transferred after death, adding a new name and updating the books. In this case I dont see any need for a transfer tax. Maybe selling the corp could incur a tax but if the shares are just transferred and the changes made in the books I think the new owner can be registered in the Registro Nacional with some kind of fee for the paperwork. A properly registered will is a great idea as well which should cover transfer (although I believe there is a probate with a will also but it is quicker and less open to someone else coming in to challenge assets during a probate without a will). My understanding is that automatically will or not that the surviving spouse gets 50% of all assets and can not be challenged. I guess the point is that everyone with these potential situations best see a good attorney, make a will and do what they can on the books and shares in advance to ensure a clean transfer. Also remember that any bank account has the ability to name a beneficiary. So in the case of an account in one spouses name add the other spouse as a beneficiary. For anyone with a safe deposit box make sure you have both spouses listed when you open the box. Unexpected death can create many problems along with the sadness involved. Plan ahead to keep stress levels down.