Tuesday 20 April 2021
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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,...

Bill Approved That Exempts Electric Vehicles Of All Taxes

Buying an electric car just got cheaper with the approval on Monday of the bill that exempts electric vehicles from sales taxes and import duties. The bill, that was stalled in the legislative process for the past two years, got final approval with 38 votes...

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 Internet purchase, that is not for prohibited goods or for commercial purposes (only personal or family), and not exceeding US$500, are exempt from paying taxes.   The exemption...

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