Sunday 18 April 2021
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Legislators open the way for venture capital investors to arrive in Costa Rica

QCOSTARICA - Legislators adjusted the bill that aims to encourage the attraction of rentier pensioners to the country, to include among its beneficiaries those foreigners who invest in venture capital funds or in sustainable tourism infrastructure projects. This amendment to the text was approved last...

Costa Rica wants to attract foreign pensioners and rentiers

QCOSTARICA - The minimum amount of capital investment that a foreign investor, rentier or pensioner must demonstrate to immigration authorities, as a requirement to opt for a temporary residence, could decrease by 25%. Unanimously, 11 deputies of the Tax Affairs Committee of the Legislative Assembly,...

Owners of new electric cars can save up to 65% on the 2020 Marchamo

The collection of the 2020 Marchamo (vehicular circulation permit) is around the corner, typically starting the first week in November.  If you are the owner of an electric vehicle, here is everything you need to know to be exonerated for five years. First, you must...

Costa Rica Exonerates Millions of Dollars In Fuel Tax To Airlines

Q COSTA RICA - Costa Rica exonerated US$226 million dollars (¢128.501 billion colones at the current exchange rate) of the fuel tax on passenger and cargo airlines in the last five years. The figure is from information requested from the Ministerio de Hacienda (Ministry of...

Customs Retains Packages Of “Casillero” Not Authorized To Provide The Service

(QCOSTARICA) Customers of Webbox have been complaining about the late delivery of their packages, this due to a decision by the Dirección General de Aduanas (Customs Service) to hold on to the packages while it performs an audit process of the goods brought in...

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