Money

Costa Rica Consolidates its Exports of Medical Devices

Costa Rica is increasingly consolidated as one of the best destinations in the world for manufacturers of life sciences devices. Currently, it is the second country in Latin America in exporting medical devices, controlling 24% of the regional market,...

Costa Rican Banks Strengthen Themselves to Counter the Growing Digital Scams

Scammers are on the lookout to take advantage of inexperienced Ticos on digital platforms to gain access to their bank accounts. Faced with this situation, banks have implemented a series of tools on their platforms so that their platforms...

New York State Legalizes the Recreational Use of Marijuana

The governor of New York, Andrew Cuomo, signed this past Wednesday the law that legalizes the recreational use of marijuana, approved the day before by state legislators. With this initiative endorsed by both houses, where the Cuomo Democrats hold...

Crowdsourcing a new Business Model

The Crowdsourcing, is a terminology that comes from the conjugation of two words of Anglo-Saxon origin "Crowd" (crowd) and "Source" (source). It is emerging today as a new business model through the Internet. In the same way, it presents a...

Costa Rica Officials Urged its Citizens to Support Local Tourism During Easter

The Costa Rican government today urged the population to visit the National Parks during Holy Week to support tourism and thus contribute to reactivate the national economy, impacted by COVID-19. The call from the Ministry of Environment and Energy (Minae),...

The Costa Rican Tourism Institute Receives Important Recognition for its Campaigns to Promote Tourism

Two campaigns launched by the Costa Rican Tourism Institute (ICT) for the markets of the United States and Canada were awarded this past week in the 2020 edition of the HSMAI Adrian Awards, in the United States. The HSMAI...

Tico Company Produces 100% National Wine and Gooseberry Liquor with a Vineyard in Copey de Dota

The Tico company Copey Estate Winery managed after nine years to adapt its grape harvest to produce a wine of international level; as well as the collection of cape gooseberry to create the first liquor of that fruit called...

Exemption for Imports Under $ 500 in Costa Rica Will Only be for Family-Destined Shipments

As of May 1st, the possibility of exonerating online purchases, with a value equal to or less than $ 500, will no longer be an option and since Cauca IV begins to rule. At present, consumers who buy online...

Companies Registered with the Costa Rican Tourism Institute are Exempt from VAT until July

Companies registered with the Costa Rican Tourism Institute (ICT) as businesses that operate in this sector are exempt - until July 1st - from the payment of Value Added Tax (VAT) in accordance with an official resolution of the...

Experts Suggest Improvements to the Law for Digital Nomads in Costa Rica

From Caribbean islands such as Aruba or the Bahamas, to European nations such as Croatia and Estonia, various countries seek to attract the arrival of digital nomads as a measure of economic reactivation. Costa Rica is no exception. Currently, a...
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NASA Space Apps Challenge Opens Call in Costa Rica for Beginners with No Prior Tech Experience

Space innovation and global problem-solving are no longer exclusive to software engineers or scientists. The prestigious NASA International Space...