If you’ve ever considered retiring in Costa Rica or applying for residency as an Investor, Rentista, Self-Employed, etc. this information might be of your interest. Costa Rican immigration law cites a recent, duly apostilled/legalized background check certificate as one of the requirements to apply for Residency. Immmigration has confirmed that […]
The Condominium Property Law was born at a time when real estate developments were simpler: often a simple conversion of a building with a few residential apartments translated in the birth of a condo. Much things have changed since then. The market is much more demanding nowadays, people changing needs […]
As part of its sovereignty, every nation enacts laws in order to regulate the migration of people along its borders. The instrument used to demonstrate the approval of entry and legal stay in a country is generally known as a visa (not to be confused with Residency for the purposes […]
The new Law on Value Added Tax, effective on July 1st, 2019 will tax all services, except those that the same law declares as exempt. Section 2 of the Law, defines as services “any operation that does not have the consideration of transfer or import of goods “. Does this […]
This is a recurring question among expats. We are going to address this issue from two perspectives, from a business perspective and from an expat perspective. Business Perspective Corporations have two primary purposes: To amass capital from different investors or partners for the furtherance of common business goals, and To […]
A few years back we published an article pertaining to common mistakes people make when trying to apply for Residency as an Investor, particularly when investing in real estate. Unfortunately, it seems those mistakes continue to be made and we wanted to address them one more time. As most of […]
Under Law 9635, Law of Strengthening of Public Finances, published in La Gaceta on December 4, 2018, which establishes the validity of the implementation of VAT as of July 1 of 2019, we inform you of the following: New Value Added Tax (VAT) VAT taxes all sales of goods and […]
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