Economic
Economic
Airbnb Has Collected and Remitted More Than $5 Million in Taxes to the Treasury in Costa Rica
The Airbnb platform delivered a new update of the tax contribution it has made in Costa Rica, which amounts to more than $5 million dollars as of December 2024 . This tax collection and payment has been carried out...
Economic
Reshoring and Onshoring vs. Nearshoring: How can Costa Rica “Surf” the Wave of Changes in International Trade?
First it was the turn of nearshoring, when companies, especially from the United States, sought to move operations from Asia to closer markets where they had confidence. There Costa Rica took the lead, adding from qualified human resources to...
Economic
Costa Rica is Generating Foreign Currency in Much Abundance, the National Goverment Confirms This
The President of the Republic, Rodrigo Chaves, referred this past week February 12, to the abundance of dollars in Costa Rica. The Minister of Economy, Industry and Commerce (MEIC), Patricia Rojas Morales, was giving her weekly report when she...
Economic
Costa Rica Is Among the Richest Countries In Latin America
Last year, the renowned magazine Global Finance reported that Costa Rica is among the richest countries in Latin America, in terms of the evolution of Gross Domestic Product (GDP) per capita.We refer to data for the year 2024, which...
Economic
Costa Rica: The New Silicon Valley
In recent years, Costa Rica has earned the moniker "The New Silicon Valley," thanks to its burgeoning tech industry and favorable business environment. This Central American nation, known for its lush rainforests and vibrant biodiversity, is now making waves...
World News
Canada says it is Ready For a Trade War With the United States
With the inauguration of the American president-elect, Donald Trump, who threatened to impose punitive tariffs on Canadian imports from the first day of his mandate, the Canadian government assured that it is prepared to retaliate against the United States.We...
Economic
These Are the ¢500 Coins that Will Stop Circulating in Costa Rica: When and What to do With Them?
The ¢500 coins, which are gold pieces and 33 millimeters in diameter, will lose their value as a means of payment as of July 1, 2025. This was reported by the Central Bank of Costa Rica (BCCR) this past...
Economic
The Case for Cryptocurrency Adoption in Costa Rican Businesses: A Path to Financial Inclusivity and Growth
The cryptocurrency boom, as evidenced by growing BTC/USDT interest over the past decade, has reshaped the financial landscape globally, and Costa Rica stands to benefit significantly from adopting this revolutionary technology. Cryptocurrencies offer businesses in Costa Rica new ways...
Economic
2025 Outlook: Costa Rica’s Economy to Grow 3.9%
The BN Valores stock exchange's economic outlook report for 2025 offers a view of how the economy will behave, both globally and in Costa Rica. Javier Cortés, economist and strategist at BN Valores, explains what this means and how...
Economic
January 1st, 2025: FTA of Costa Rica with The United States Finally Comes Into Full Force By Opening Competition For Two Last Sectors
It has been 20 years since the Central America-United States Free Trade Agreement (CAFTA) negotiations began. It has also been 17 years since Costa Rica held a referendum for its approval and 15 years since its implementation. Although all...
Latest News
Costa Rica International Shorts Film Festival 2025 Hosts 55 Short Films
The Costa Rica International Shorts Film Festival is preparing to launch its 3rd edition, a celebration of short films...