Money

Banco Nacional will offer loans of ¢850,000 million in 2011

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.

A lull in tourism brings national income down: Hope for change on the horizon

The percentage of tourists entering Costa Rica has increased 13%, and working tourists, 7%. However, the national earnings from foreign workers failed to cover the national deficit. Costa Rica’s income earned from tourism has slowed down and the income made...

Costa Rican exports predicted to increase in early 2011

National exports are predicted to show real growth in the first third of this year. So expects the Ministry of Foreign Trade (COMEX) and industrialists, alleging that in 2010 they almost made it out of the hole caused by the crisis of 2009.

Colombian bank buys BAC-Credomatic and wants to extend credit

The banks - who are they? Banco de Bogotá was founded in 1870 and is the second largest in the Colombian financial sector due to its assets and utilities. The BAC-Credomatic Group was originally founded in Nicaragua in 1952...

Costa Rican Residency: A Blizzard of Paperwork

Featured Columnist – Retirement & Living Kat Sunlove When my husband Layne and I first looked at a detailed outline of the documents required by Costa Rican Immigration in order to apply for residency, we were a bit overwhelmed. It sounded...

Top Six Reasons to Retire in Costa Rica

Retiring comfortably and in a nice locale in the U.S. these days just isn't as easy or inexpensive as it used to be in the past, particularly for attractive beach areas. Many people who would never think of leaving the country and moving elsewhere are now considering just about EVERY possibility and this is how locations like Costa Rica have become a hot topic among the soon-to-retire baby boomers and others thinking about retirement.Retiring comfortably and in a nice locale in the U.S. these days just isn't as easy or inexpensive as it used to be in the past, particularly for attractive beach areas. Many people who would never think of leaving the country and moving elsewhere are now considering just about EVERY possibility and this is how locations like Costa Rica have become a hot topic among the soon-to-retire baby boomers and others thinking about retirement.

Getting Started on Legal Residency in Costa Rica

When you decide to pursue legal residency in Costa Rica, finding the right lawyer to guide you through the complex laws and Tico bureaucracy will be your most important first step...

The Long Road To Residency in Costa Rica

Living in Costa Rica is a pleasure, but the path to becoming a legal resident here is anything but. Not only are the laws written in Spanish, but the rigorous process itself is complicated, confusing, and fairly costly. Without a sense of humor, parts of it can be a royal pain. However, the benefits outweigh the difficulties and the lessons I learned in gaining legal status here may be of value to anyone considering a permanent move to this beautiful tropical land.

Costa Rica Retirement: Lower Costs, Higher Lifestyle

Featured Columnist – Retirement & Living Kat Sunlove TCRN Volunteer: So let’s talk money. Just how much can you save by living as a pensionado here in Costa Rica? For Baby Boomers facing the end of regular earnings, the question of how to...

I Love Costa Rica – Retirement!

Featured Columnist – Retirement & Living Kat Sunlove TCRN Volunteer: Back in the day, songster Randy Newman penned his celebrated anthem “I Love LA,” singing the praises of Los Angeles, California. As anyone who has ever visited that grand metropolis knows, there is...
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The Rise of Wellness Pura Vida Tourism in Costa Rica

Costa Rica continues to position itself at the forefront of global tourism by transforming its natural resources into tools...