SAN JOSE, COSTA RICA, April 18 (Reuters) – Costa Rican president Laura Chinchilla announced a new set of measures to contain the country’s growing fiscal deficit, after a draft tax reform bill was thrown out by a high court a week ago. In a seven-minute address on national television, Chinchilla said her government plans to [...]
Contact: Dan Chambers FOR IMMEDIATE RELEASE Tel: 506-2261-6822 CR Tel: 506-8818-0262 Email: info@TheCostaRicaNews.com THE FUTURE OF COSTA RICA: LEADING BIOFUEL PRODUCTION Over the years, terms like construction, development and real estate have failed to take into consideration the words sustainability and environmental well-being. In fact, so much so that infrastructural development tends to take [...]
There are two main reasons for this money and irreplaceable comforts from home. Money You can see examples of this on craigslist in Costa Rica or if you have had the chance to go shopping down in Costa Rica. If you look on craigslist for used items or actually go to Walmart or other stores [...]
What should I do, bring my car or buy one already here? That is the dilemma for many of us living in Costa Rica or soon to be living here. Anyone looking to purchase a vehicle in Costa Rica soon find out that used vehicle and new one for that matter, are a lot more expensive here [...]
Costa Rica has introduced a new annual tax on all corporate structures, pegged to average public sector salaries. For ‘active companies’ registered in Costa Rica, i.e. those undertaking commercial activities, the tax is equal to half the average monthly base salary of a public sector employee. For ‘inactive companies’, those used to house personal assets [...]
DEERFIELD, IL, Apr 05, 2012 (MARKETWIRE via COMTEX) — Cosi, Inc. , the fast casual restaurant company, today announced that it has entered into a development agreement with a new franchisee, Fast Casual S. A., to develop Cosi(R) restaurants in Costa Rica. The agreement calls for Fast Casual S.A. to develop five locations over five years [...]
The resignation of Costa Rica’s Finance Minister Fernando Herrero may delay a congressional vote on tax changes aimed at paring a $2 billion fiscal deficit, said Boris Segura, strategist at Nomura Securities in New York. Herrero submitted his resignation to President Laura Chinchilla yesterday following allegations by the La Nacion newspaper that he underpaid taxes [...]
San Jose, Mar 30 (Prensa Latina) The Supreme Electoral Tribunal (TSE) has so far registered 3 415 foreigners who met the requirements to be considered Costa Rican citizens, including 70 922 babies born in 2011. According to TSE, 1 353 Nicaraguans, 795 Colombians, 179 Cubans, 145 Chineses and 137 Americans requested that status and achieved [...]
APM Terminals’ Moin Container Terminal (TCM) Concession Agreement with the Government of Costa Rica has received final endorsement from Costa Rica’s Comptroller General Office. With this, APM Terminals will be able to start the 18-month implementation phase performing all the required studies and final design work which once completed, will be submitted to the Government [...]
Oberg Medical, a full-service Medical Device contract manufacturer providing implants, instruments, and complex assemblies, announces plans for expansion of its Costa Rica manufacturing operation to better serve the expanding Medical Device market in Central America and provide cost optimization solutions for U.S. OEMs. “We have been a manufacturer in Costa Rica since 2001 and have [...]
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