Economic

Investing in vacation rental real estate has become an increasingly popular way to generate passive income, build equity, and diversify financial portfolios. With the rise of platforms like Airbnb and Vrbo, short-term rentals provide property owners with lucrative opportunities...

Never before in history has Costa Rica had so many dollars stored in its international reserves. The Central Bank reports a total of $14.836 billion, an unprecedented figure that places the country at an unprecedented moment, so much so...

After five years of the COVID-19 pandemic, the economy has finally fully recovered. For example, after registering a 4.3% drop in production in 2020, the country averaged growth close to 4% starting in 2022. This helped sectors recover, driven...

Costa Rica received more than US$11 million in 2024 in investments associated with the filming of audiovisual productions, including projects developed for renowned platforms such as Netflix, Hulu, BBC, and Hallmark, an official source reported Thursday.The amount corresponds to...

Costa Rica, a jewel of Central America, is renowned for its biodiversity, pristine landscapes, and commitment to sustainability. But one surprising fact about this small yet remarkable nation is that its marine area is approximately ten times larger than...

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...

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...

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...

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...

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...