Monday 25 January 2021
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Tourism crisis does not yield at a time when assistance to the sector ends

QCOSTARICA - The crisis in the tourism sector does not give way and the recovery is slow, while the support of the Government has been insufficient to overcome the difficult situation, estimated both the leaders of the Chamber of Tourism (Canatur) and that of...

Pandemic caused the loss of 3,500 formal companies in Costa Rica

QCOSTARICA - The crisis generated by the covid-19 pandemic caused the loss of 3,541 formal companies from all sectors in Costa Rica in the third quarter of this year, when compared to the same period in 2019. This was reported by the Chamber of Commerce...

Costa Rica is the fifth country most affected by the tourism crisis, according to IMF

(QCOSTARICA) Costa Rica ranks fifth in the world in terms of tourism income, indicates the International Monetary Fund (IMF). The imbalance between exports and imports of this sector indicates that the country has an effect of close to 3% of the Gross Domestic Product (GDP). There...

President signs law that frees tourism of VAT for another year

(QCOSTARICA) President Carlos Alvarado, this Tuesday singed the law that exempts, for another year, the Value Added Tax (VAT) for tourist services registered with the Costa Rican Tourism Institute (ICT). The VAT moratorium law for the tourism sector will come into force today, August 19,...

How to prepare for coronavirus in Costa Rica

Costa Rica's Minister of Health has warned that the novel coronavirus will arrive in Costa Rica. Although the country has no suspected or confirmed case, in the words of Minister Daniel Salas, "We cannot prevent it from reaching our country (…) there will be...

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