The 10 brands Preferred by Costa Ricans

Q COSTA RICA - Ever wonder, when grocery shopping at Automercado, Masxmenos or Pricesmart, for example, why Costa...

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....

What Will Happen With The Rise In The Dollar Exchange?

The increases in the dollar exchange rate surprised many this week, who were confident that the dollar would...

What is Costa Rica’s ‘Aguinaldo’ and Who Must Pay It?

Q COSTA RICA - It's December and it's 'Aguinaldo' time, the year-end employee “holiday” bonus. For many not...

Costa Rica Colon / US Dollar Exchange Rate Expectations

It is expected that under current economic conditions, the local currency will depreciate on average 3.6% against the...

Dollar Exchange Rate Keeps Increasing in Costa Rica

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

Rise in the Price of the US Dollar in Costa Rica

A rebound in demand for US dollars explains the increase of just over 5.36 colones registered in the...

Hacienda (Taxation) Confirms Internet Purchases Of Up To US$500 Are Tax Exempt

The Ministerio de Hacienda (Ministry of Finance) confirmed, through a statement issued today (November 23, 2017), that any...

Financial Planner Indicted In U.S. For Illegal “Ponzi” Could Be Forced To Forfeit Costa Rican Luxury Home

The founder of VisionQuest, a Raleigh, North Carolina, investment firm, charged with running an illegal “Ponzi” scheme that...

Central Bank Changes Methodoloy For Setting Reference Dollar Exchange Rate

Q COSTA RICA - The Banco Central de Costa Rica (BCCR) - Central Bank - applied on Tuesday...

Why Are Cell Phones So Expensive In Costa Rica?

The price of a smartphone in Costa Rica can be up to double, sometimes more, of its price...

Costa Rica’s Central Bank Gets US$1 Billion Credit Line To Strengthen Foreign Reserves

Costa Rica's Central Bank (Banco Central de Costa Rica - BCCR) is getting a billion-dollar boost by way...

Dollar Exchange Rate Keeps Climbing, It Has Already Reached ¢595

Q COSTA RICA - The Colon exchange rate against the U.S. dollar continues its upward trend, given the...

U.S. Remittances To Costa RicaUp In First Quarter of 2017

According to data published by the Banco Central (Central Bank), as part of the quarterly balance of payments...

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...

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...

“English” Is An Important Factor In High Paying Jobs in Costa Rica

More and more, a dominance level of English is a factor in higher paying jobs in Costa Rica....

Things You Didn’t Know About Pricesmart

COSTA RICA NEWS -- Althouh the Q! tried to get information directly from PriceSmart, we had to rely...

Costa Rica Imposes New Restrictions On Bank Transfers

Q COSTA RICA - Banks in Costa Rica have reached an agreement to amend the Self-Regulation for Monitoring...

Dollar Exchange Hit ¢580 On Tuesday

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

The “YoYo” Dollar Exchange Rate: ¢18 Colones Drop In Three Days

Q MONEY - After hitting almost ¢600 Colones to one US dollar last week, the reference rate today...

ZipCar Launches Carsharing Service in Costa Rica

Q MONEY - Zipcar, the carsharing service, has announced it's launch in Costa Rica, joining in Zipcar’s international...

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...

Zara: 25 Years of International Expansion

The Zara stores, the flagship chain store of the Inditex group, celebrates 25 years of international expansion with...

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...

Christmas Arriving In November in Costa Rica: Gas Price Drop On The Way

Christmas is arriving early in Costa Rica this year, a reduction in gasoline prices that will take effect...

Ticos Up To Their Eyeballs In Consumer Debt: UCR Survey

The cost to have the latest smartphone or appliance, for example, are the leading causes of consumer indebtedness...

Caution When Using An ATM in Costa Rica

Q COSTA RICA - We can't stress this enough, especially this time of year when the last thing...

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...

Central Bank Says It Will Spend US$1 Billion To Shore Up The Colon

You Want Dollars? Have a billion! At a press conference and in the face of continued exchange rate...

Opened In Costa Rica First Clothing Store Accepting Bitcoins

On Thursday, December 14, the first clothing store that will accept bitcoins opened in Costa Rica. Felipe Kirsch, representative...

Costa Rica Effective Dollar Rate Goes Up

The effective rate in dollars went up to 2.13% from 2.01% last week, while the passive basic rate...

LATEST

Good News For Renters, Not So Much For Landlords

  Thanks to a recent law reform, residential rentals in colones cannot rise above the accumulated inflation of the past 12 months. In 2018, the legal...

Court Rules Against Uber and its 83,000 Drivers

Colombia’s Constitutional Court has ruled against Uber with a verdict that affects 83,000 drivers affiliated to the technology platform. The decision follows a similar...

Over half a million Venezuelans fled to Colombia

More than half a million Venezuelans have taken refuge in Colombia to escape the crippling economic crisis in their country, Colombia Immigration (Migración Colombia)...

Foreigner Detained At Airport For Concealing Large Amount Of Cash

A woman of Cuban nationality was detained by the officials of the Policía de Control de Drogas (PCD) - Drug Control Police - at...

New ¢1,000 Not Fake: New Series Issued With Changes

The Banco Central (Central Bank) confirmed on Monday, January 22, that the new ¢1,000 banknote in circulation is not counterfeit, as it has been...

Canadian Wanted In Shooting Of Two Nicaraguans in Santa Teresa de Cobano

A fight outside a liquor store in Santa Terese de Cobano, in the Nicoya Peninsula, resulted in the death of one and serious injury...

Bomberos Attend Fires On Motorbikes

There was an emergency. There was despair. There was a house on fire. The owners called 9-1-1 for help. But instead of the sirens...

TRENDING / POPULAR

Anne Hathaway’s Leaked Personal Pictures Go Viral

American actress Anne Hathaway is the latest celebrity to fall victim to the hackers, who shamelessly filtered the intimate photos of the actress with...

American Tourist Dies In Isla del Coco Shark Attack

The National Coast Guard Service of the Ministry of Public Security (Servicio Nacional de Guardacostas, del Ministerio de Seguridad Pública) confirmed the death of...

10 Countries Reputed As The Ultimate Place For Sex Tourism (Guess Who Isn’t?)

QCOSTARICA - Normally, tourists travel abroad to visit famous landmarks, culture or do fun things. Also there is a group of tourists who travel...

Female Tiger Shark Attacked American Tourist Who Died in Isla del Coco

The survivor of the shark attack in the Isla del Coco on Thursday, the 26-year-old diving guide identified by his last name Jimenez, said...

How Will Hurricane Irma Affect Costa Rica?

As Hurricane Irma makes its way through the Caribbean and Floridians ready for Irma's potential landfall, how will it affect Costa Rica? Although Hurricane Irma...

RANDOM

Costa Rica Sports A New Country Brand, “Esencial Costa Rica”

With the objective of promoting more tourims, trade and investment, as well as global positioning, Costa Rica has a new country brand called "Esencial...

Drunk Driver Kills Marathon Runner Sunday Morning

A 35-year-old Venezuelan athlete participating this Sunday morning in the San Jose Half Marathon was killed by a drunk driver who disrespected the traffic...

ICE Worker’s Union Threatens Walkout If Sutel Does Not Withdraw Fine

(QCOSTARICA) The Institutio Costarricense de Electricidad (ICE) worker's union, the Frente Interno de Trabajadores (FIT), is threatening a general walkout if the telecom regulatory...

President-Elect Solís Commits To Draw New Foreign Companies To Costa Rica

President-elect Luis Guillermo Solís announced Thursday the formation of an inter-agency group made up of three members from the Costa Rican Union of Chambers...

Costa Rica’s Sele Headed To The US For Friendly With Japan

La Sele, Costa Rica's men's national soccer team, is headed to the United States to play a friendly with Japan, two weeks before the...