Money

Costa Rica is Ranked Third in the Region with the Lowest Gender Wage Gap

Worldwide, on average, women receive 20.5% less in their monthly wages compared to what men earn, in Costa Rica the figure drops to 7.8%

Tico Construction Sector Exempted from VAT until 2021

As of August 31st, 2021, construction projects will begin to collect VAT, after the exemption was approved in the second legislative debate in the past week. This includes all engineering, architecture, topography and civil works construction services, and other...

Costa Rica Launches Campaign to Attract Tourists from the United States and Canada

Through the #MadeInCostaRica campaign, Costa Rica seeks to attract tourists from the North American market, driven by the opening of flights from nine states in the United States, from September 1st and three more from September 15th. The initiative consists...

Costa Rica Proposes Reduction in CABEI Directors Salaries

Several governors of the Central American Bank for Economic Integration (CABEI) have two months as of today for issuing a technical criterion on Costa Rica's request to reduce the salary of its directors and put it to a vote. The...

New Alternatives for Paying your Water Bill in Costa Rica

In social networks, complaints from subscribers of the Costa Rican Institute of Aqueducts and Sewers (AyA) circulate of alleged receipts with high figures. The entity affirms that, so far, it has no record of new problems, although isolated cases...

Pandemic will Leave 47 million more Women in Poverty Worldwide, Widening the Gender Gap

The Coronavirus Pandemic will push 47 million women and girls into poverty, thereby dramatically increasing the gap between men and women in this area and reversing the progress made, according to UN Women and the UN Development Program (UNDP). According...

India- Costa Rica Bilateral Trade- a Small Glimpse

Separated by thousands of kilometers, both India and Costa Rica enjoy extremely close relations even though there are tremendous possibilities for improvement. While the differences between both the states are quite vast, the rationality of thought and the eagerness to...

“Worldwide Income Tax” Would Turn Costa Rica Into a Development Hub in Central America in the Medium and Long term

The discussion about Costa Rica implementing the Worldwide Income Tax (Renta Mundial) mechanism for the collection of Income Tax is gaining strength again in the country; this after the announcement of a bill proposed by the deputy of the...

CABEI Cooperates with the Clodomiro Picado Institute of Costa Rica to Face the Health and Economic Crisis

The Central American Bank for Economic Integration (CABEI) ratified its commitment to the Republic of Costa Rica, as one of its founding partners, to support the fight against the health and economic crisis derived from the COVID-19 pandemic with...

An Increase Approved for the Price of Gasoline Goes as Follows: ¢ 29 for Super, ¢ 19 for Plus and ¢ 50 Diesel

The price of fuel will go up next week. The Regulatory Authority of Public Services (Aresep) approved this Friday an increase of ¢ 29 in each liter of super gasoline, of ¢ 19 in plus 91 and of ¢...
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More Than 40 Tourism Companies and Organizations to Gather at the 6th San Jose Tourism Expo Fair

The 6th San Jose Tourism Expo Fair 2026 will bring together more than 40 companies and organizations linked to...