Money
Costa Rica Has the Lowest Inflation in Four Years
Costa Rica closed 2020 with an inflation of 0.89 percent, the lowest in the last four years, according to data from the National Institute of Statistics and Censuses (INEC). In a video posted on the INEC Facebook page, its...
Money
Legal Problems between Business Partners Can be Resolved with Mediation Tools in Costa Rica
The two types of companies most used in Costa Rica are the Public Limited Company and the Limited Liability Company. In the first, the owners are known as shareholders and in the second, as partners.These people or companies become...
Money
World Exposure of Costa Rica as a destination to visit in 2021 generates optimism among Entrepreneurs
The vaccine against COVID-19 gives hope for economic recovery, especially in the hotel business, one of the hardest hit in 2020 by the absence of foreign tourists, who represent 80% of its market.Being Costa Rica one of the first...
Money
Bridge between Panama and Costa Rica is 97% complete, expected to open in March
Currently 97% of progress has the construction of the binational bridge over the Sixaola River, between Costa Rica and Panama; and its inauguration is expected for the first week of March.This was reported by Mario González, resident engineer of...
Money
Costa Rica’s Coffee Exports Grow for the Seventh Consecutive Month
Costa Rican coffee sales to the international market increased in December for the seventh consecutive month helped by an improvement in the harvest, due to favorable weather conditions and crop renewal.The Central American country, recognized for the high quality...
Money
Costa Rican Chamber of Commerce called on the Executive and Legislative powers to Avoid New Taxes
With the announcement of the start of the second round of formal talks between the Government and the International Monetary Fund (IMF), next Monday, January 11, the Costa Rican Chamber of Commerce called on the Executive and Legislative powers...
Money
Tico Government seeks approval of project to promote sustainable Fishing and Aquaculture
The Tico Government presented to the Legislative Assembly a bill for the development of a sustainable fishing and aquaculture project, which seeks to generate economic momentum and optimize the management of marine resources. The proposal includes a loan from...
Money
President Highlighted that Costa Rica is Strong, Fights and Resists
President Carlos Alvarado affirmed that Costa Rica has been strong, struggles and resists with its essence intact and urged all political forces to unite to overcome the difficult economic situation caused by COVID-19.“2020 put our resilience to the test...
Money
Avoid Fines in 2021 for the “Marchamo”
Those who do not carry the proof of payment for the private vehicle circulation Tax 2021, also known as the “marchamo”, are exposed to fines and the retainment of the vehicle, according to articles 146, subsection "x" and 151,...
Money
Costa Rica Became the Country that Advanced the Most in the Human Development Index for 2020
In a year marked by the emergence of COVID-19 and the economic crisis, Costa Rica became the country that advanced the most in the Human Development Index (HDI). The measurement made by the United Nations places Costa Rica in...
Latest News
Why Doesn’t Costa Rica Have an Army?
Costa Rica stands as one of the few nations in the world without a standing military, a remarkable political...