Costa Rica’s Congress last night gave initial approval to an overhaul of the tax system aimed at paring a fiscal deficit equal to more than 5 percent of gross domestic product.
The legislation now awaits a Supreme Court ruling on opposition allegations...
Biofuels is on the rise… again. The first time some painful lessons were learned for fast-in investors. This time the focus is on second generation biofuels and Central America.
First generation
Why so bad? Some of it´s obvious and has been...
In Latin America, many regard the United States as somewhat of a colossus to the North. Symbols of red, white and blue have long contrasted with cultural and political ideals south of the border due to heritage and customs.
Today,...
Last year Costa Rica suffered less from the effects of inflation, than any other country in Central America, according to a ranking (Spanish only) published this week.
Tight control over the cost of regulated services was one reason for the...
While purchasing real estate in Costa Rica is a similar process to the US, it is important for foreign buyers to understand purchase requirements, property owners rights and the best strategies for avoiding fees and other problems before investing....
When North Americans face the realities of a reduced income after retirement, many of them look abroad for places to move that offer a lower cost of living in order to stretch those limited resources. Developing countries around the...
Last year, Costa Rica produced some 105 million boxes of banana (18.14kg each box), in a total of 42,650 hectares.
If taken into account that the value per hectare in 2011 was $15,000, it can be concluded that banana producers...
Cummins Inc. , an engine maker based in Columbus, Ind., has formed a joint venture with Grupo Laeisz to distribute and service Cummins engines, generators and parts in a region that includes Costa Rica, El Salvador and Honduras.
The joint...
The process to obtain residency in Costa Rica is a process, which basically means it is a Bureaucratic hassle to try and get started even. However, new procedures have finally made it easier… in one aspect anyhow.
For those who...
A brand new initiative designed to identify properties using a ‘cadastral map’ has been implemented by the Registro Nacional (National Register) in Costa Rica.  A new real estate certificate will include a two dimensional aerial view of the land or...
