Friday 19 August 2022

Costa Rica, UAE To Prevent Double Taxation

Costa Rica sees the United Arab Emirates as its top partner, and as its hub in the region

Paying the bills

Latest

Costa Rica ranks 31st in the list of the strongest passports in the world

QCOSTARICA - Costa Rica ranks 31st on the 2022...

Costa Ricans buy less due to the impact of inflation: They look for cheaper food

QCOSTARICA - A study by the firm Kantar revealed...

Frontier Airlines announces two direct flights connecting Costa Rica with Atlanta

QCOSTARICA - The low-cost airline, Frontier, announced two new...

Are professional athletes still as admired as they once were?

The history of sports around Latin America in general,...

The lifting of the state of emergency due to covid-19 is in effect

QCOSTARICA - As of Wednesday, August 17, 2022, the...

At least 13 promises announced by President Chaves must pass through the Legislative Assembly

QCOSTARICA - Ruling by 'decree' may not allow President...

Plan to legalize the use of recreational marijuana in Costa Rica in the works

QCOSTARICA - The government will present a bill to...

Dollar Exchange

¢651.76 Buy

¢659.97 Sell

19 August 2022 - At The Banks - BCCR

Paying the bills

Share

Costa Rica and the United Arab Emirates successfully negotiated an agreement to prevent double taxation between the two countries.

Image for illustrative purposes.

Talks are also being held to finalize an agreement for the protection and promotion of investment among the two countries.

“The agreement, concluded between Costa Rica and a nation member of the Gulf Cooperation Council, is an indicative of Costa Rica’s commitment to strengthen its strategic alliance with the United Arab Emirates, promoting investment, trade and the development and the enhancement of economic relations,” a statement from the embassy of Costa Rica in the UAE said on Friday.

- Advertisement -

“The Central American Country sees the United Arab Emirates as its top partner, and as its hub in the region.”

Last January, Costa Rican President Luis Guillermo Solis visited the UAE on the invitation of Shaikh Mohammad Bin Zayed Al Nayhan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces of the UAE, to address the Abu Dhabi Sustainability week.

Earlier this year, in January, the UAE made a donation of US$10 million dollars to cover the reconstruction of aqueducts that became unusable after Hurricane Otto, directly deposited to the National Emergency Fund, administered by the National Emergency Commission (CNE).

- Advertisement -
Paying the bills
Q Costa Rica
Reports by QCR staff

Related Articles

Costa Rica aims to attract more tourists from Middle East as part of recovery plan

QCOSTARICA - Costa Rica is looking to recover its tourism sector,...

UAE donates to Costa Rica medical aid in fight against COVID-19

Carlos Alvarado, President of Costa Rica, personally welcomed the aid plane...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.