20 C
san jose, costa rica
Wednesday 24 May 2017

Taxation Evaluating Asking The U.S. For Information On Airbnb Hosts in Costa Rica

Although Airbnb has offered to collect the sales tax for transactions made on rentals in Costa Rica through...

Dollar Exchange Rate Keeps Increasing in Costa Rica

Q COSTA RICA - In the last couple of weeks the Banco Central de Costa Rica (BCCR) -...

Dollar Exchange Hit ¢580 On Tuesday

Q COSTA RICA - The dollar exchange on Tuesday by some banks reached ¢580 colones for the sell....

Banks Fear Increased Requests To Change Loans From Dollars to Colones

Q MONEY - A hike of ¢9.64 colones in the dollar exchange market since last Friday alone has...

Costa Rica Dollar Exchange Rate Continues to Rise

Q COSTA RICA - In the first four months of the year the price of the dollar in...

India’s TVS Motor Driving Into Costa Rica and Central America

One of India’s leading two and three-wheeler manufacturer, TVS Motor Company Limited, announced last week its alliance with...

No Residency Required To Open Bank Account At The BCR

QCOSTARICA - One of the problems of many foreigners non-residents in Costa Rica is opening a bank account....

Costa Rica Economic Outlook Up To May

THE Q - Although the gradual process of credit dedollarization continues, the Central Bank has warned that a...

Monge Consumer Goods Retail Chain Secures US$120 Million Loan To Refinance Debt

Q BUSINESS - Are Costa Rica's importadoras (retailers) in financial trouble? Earlier this year, one of the country...

Costa Rica’s Fruits Exports Beyond Pineapples And Bananas

Costa Rica has embarked on an export diversification strategy to take advantage of the surge in international demand...

Banco Central Proposes Change in Method for Calculating Exchange Rate

Q COSTA RICA - Costa Rica's Central Bank (Banco Central de Costa Rica - BCCR) proposes modifying the...

Costa Rica Investors Like Bricks and Mortar

QBUSINESS - Stable returns is the main characteristic of real estate funds which in Costa Rica have shown...

Costa Rica Opens Trade Office in Rotterdam

Q BUSINESS - Coinciding with the two day visit of Costa Rica President Luis Guillermo Solis in Holland...

New VAT Expected To Be Kept At 13 Percent

Q COSTA RICA - Costa Rica may opt for a lower value-added tax (VAT) rate if and when...

Central Bank’s Intervention to Stabilize Exchange Rate

Q MONEY - In the last several weeks we've seen the Dollar exchange rate go from 545/558 colones...

Purchasing Property in Costa Rica

Purchasing property in Costa Rica requires a higher level of due diligence in order to avoid the pitfalls...

No Change in Unemployment in Costa Rica

The working-age population has increased, offsetting an increase in the employed population, with the national employment rate remaining...

Nicaragua’s economy is growing, but the poor may be falling behind

TODAY NICARAGUA – The International Monetary Fund (IMF)’s recent assessment of Nicaragua reinforces the narrative that the country...

In Costa Rica Fewer Checks, More Online Banking

The ease of making secure transactions with just one click, from the house, office or even a smartphone...

Rawlings Announced Closure of Costa Rica Plant, 200 Lay Offs

(qCOSTARICA) Operating in the country since 1987, Rawlings, the manufactureR of balls for Major League Baseball (MLB) in...

Financial Education in Costa Rica

In Costa Rica, a large part of the population still has inadequate or no access to finance. This...

Costa Rica Sustainable Model & Investment Opportunities

Q BUSINESS - The Business Year (TBY) gathered together three prominent businessmen in Costa Rica to discuss economic...

TransPerfect to Open Costa Rica Contact Center, 120 New Jobs

(Q BUSINESS) -- TransPerfect, the world's largest privately held provider of translation services and technology solutions for global...

Do Not Fall “Victim” To Credit or Debit Card Surcharges

Q COSTA RICA - A practice that is more common than you think, although prohibited, is retailers surcharging...

Costa Rica Imports of Clothing and Raw Materials for Textiles

QCOSTARICA - Six companies lead the list of textile importers in the country, where 14% of total imports...

Costa Rica’s Electronic Invoicing Could be Done in Dollars

Q COSTA RICA - An amendment to the regulations of the income and sales tax laws, which will...

Costa Rica Breaks Record In Banana Exports

Q COSTA RICA - Costa Rica is breaking records. Earlier this week we learned of the record 2.9...

Panama Papers Law Firm Founder Says Scandal Set Off Tax Shelter Boom in US

Q24N (AFP) - The co-founder of the law firm at the center of the Panama Papers scandal says...

First “Food Truck” in Costa Rica Aims To Roll The Streets

"The Food Truck" is the first restaurant on wheels to ride through the streets of Costa Rica. The project...

Used Clothing Big Business in Costa Rica

Although the prices of items range from ¢1.000 to ¢5.000 colones (US$2 to US$10), the large volumes handled...

Costa Rica Colon The Most Stable Currency In Latin America

QCOSTARICA - While devaluations are occurring all around, the Costa Rica Colon, the country's currency, remains stable with...

Costa Rica Former Vice-President Linked To Alleged Scam in El Salvador

COSTA RICA NEWS - The Salvadoran daily, "La Pagina", links Costa Rica's former Vice-President Luis Liberman Ginsburg for...