No Residency Required To Open Bank Account At The BCR

QCOSTARICA - One of the problems of many foreigners non-residents in Costa Rica is...

The 10 brands Preferred by Costa Ricans

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

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”...

Costa Rica Imposes New Restrictions On Bank Transfers

Q COSTA RICA - Banks in Costa Rica have reached an agreement to amend...

Costa Rica Colon / US Dollar Exchange Rate Expectations

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

What Will Happen With The Rise In The Dollar Exchange?

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

Dollar Exchange Rate Keeps Increasing in Costa Rica

Q COSTA RICA - In the last couple of weeks the Banco Central de...

“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...

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...

The Costa Rica Colon Among The 7 Coolest Currencies In The World

All travelers love exchanging money. Whether you do it at the bank before a...

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...

Why Are Cell Phones So Expensive In Costa Rica?

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

Good News For Renters, Not So Much For Landlords

  Thanks to a recent law reform, residential rentals in colones cannot rise above the...

Zara: 25 Years of International Expansion

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

Things You Didn’t Know About Pricesmart

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

Central Bank To Replace SINPE With IBAN For Interbank Transfers

The Central Bank announced it will end the SINPE (Sistema Nacional de Pagos Electrónicos)...

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...

Caution When Using An ATM in Costa Rica

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

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...

Central Bank Changes Methodoloy For Setting Reference Dollar Exchange Rate

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

Costa Rica Colon The Most Stable Currency In Latin America

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

Dollar Exchange Rate Expected To Move Starting In August

In a few months, the dollar exchange is expected to move, though experts are...

Barclays tells investors to exchange their Costa Rican bonds for Salvadorans

Barclays international bank told its investors on Thursday through a report that it would...

Costa Rica Dollar Exchange Rate Continues to Rise

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

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...

ZipCar Launches Carsharing Service in Costa Rica

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

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...

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

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

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

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

Central Bank has used $1.1 billion of reserves to avoid abrupt increases in the price of the dollar

The Banco Central de Costa Rica (BCCR) - Central Bank of Costa - reported...

Chinese Vehicles Make Their Way Into The Costa Rican Market

Good chance you've seen the brands: BYD, Changan, Geely, Great Wall, JAC and ZAP...

Why did the dollar exchange rate rise in recent days?

The national and state banks posted an exchange rate of between ¢580 and ¢585,...

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