Money

The government of Costa Rica has announced certain measures to deal with the increase in government spending in order to improve the public financial state.

Although Costa Rica is far more “Westernized” than many other Central or South American locales, it still offers exasperating surprises for expats.

When friends in the United States ask us about our life in Costa Rica, they often ask: “What do you do there? Aren’t you bored? How do you spend your time?”

Unless you love snow and ice or the dramatic variation of four seasons, there is bound to be a Costa Rican region that will feel like paradise to you.

Exports to the United States rose 24.1% in 2010, according to figures provided by the Promotora del Comercio Exterior de Costa Rica (PROCOMER).

On Tuesday, the Costa Rican government presented to Congress a fiscal reform plan that proposes to transform the sales tax on a value added tax (VAT) and increase its rate from 13% to 14%.

This year, Costa Rica improved in the Index of Economic Freedom, which is published in January of each year by the Heritage Foundation and The Wall Street Journal.According to the report, Costa Rica ranks 49th in the world among a...

Today my appreciation of the sheer beauty of this country has only intensified as I awoke to sparkling sunny skies and a brisk wind dancing through the jungles around our apartment. A few clouds drift overhead, the sun is warm, birds are singing in the trees and I am grateful to be here.

The Superintendent of Telecommunications (SUTEL) is the entity responsible for regulating telecommunication services and last week they made a technical recommendation to the Executive Branch to concede cellular bands for mobile phones to the private companies Claro and Telefónica.The...

For the coming year, the state agency intends to place ¢850,000 million, nearly 10 times the figure given in 2010, which amounted to ¢88,300 million.