How does transfer of money works?

When you buy a property from another country, you generally have around 10 days to transfer a good faith deposit of 10 % of the transaction amount in a trust escrow account 10 business days after acceptance of this offer. The deposit shall be held as earnest money and shall be held in an escrow account on behalf of both Buyer and Seller.. This account is opened in CR for you and the seller, in order to compromise the amount of the sale.You can deposit your money in the trust account from any bank account in the world.  This trust account costs around 0.30 % of the purchase amount . The balance of the payment of the property (including transfer fees, and notary trust account ) must be transferred no later than 3 days before taking possession.

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