According to Costa Rica’s Treasury Department, the owners of more than 2.3 million vehicles will pay an average of 7.76% less for vehicle ownership tax in the annual vehicle license collection for 2019. It is expected that a total of ¢175 billion colones be collected with this tax. Starting November […]
Costa Rica Moving Towards Recognizing Migratory Rights of Same Sex Couples. On November 20th, 2018, the Immigration Department (DGME) issued and submitted for public opinion a draft legislation titled “REGULATION FOR THE RECOGNITION OF MIGRATORY RIGHTS TO COUPLES OF THE SAME SEX”. The draft, which in summary states that same-sex couples holding […]
For the most part, people get extremely concerned when they hear the words recession, inflation or devaluation. Do not panic, all of these are natural stages of the economic cycle that every country has to go through over time. While it is important to have some knowledge in macroeconomics to […]
As a quick update to the imposition of penalties for overstaying in Costa Rica, it seems that a new moratorium has been decreed. Whilst it had been announced that starting November 01, 2018, tourists with expired entry stamps, temporary residence or special category visa holders with an expired DIMEX and […]
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