Videos

In this Costa Rica 2021 Update I will discuss upcoming filing deadlines for those that own a Costa Rica company or property. I will do an overview of the current covid status report, the economy and the upcoming polticial elections of 2022.

For Economic information on Costa Rica checout:

OECD Economic Survey Costa Rica
https://www.oecd.org/economy/surveys/costa-rica-2020-OECD-economic-survey-overview.pdf
http://www.oecd.org/economy/costa-rica-economic-snapshot/

Economia Hoy. An Economic information channel in Spanish
http://www.economiahoycr.com/

For Covid information visit https://covid19.go.cr

For Travel Information to Costa Rica visit

https://www.visitcostarica.com/en/costa-rica/planning-your-trip/entry-requirements

For more information about Costa Rica visit my website at https://costaricalaw.com/

Be sure to pick up a copy of my book The Legal Guide to Costa Rica at https://costaricalaw.com/crbooks/

Join me as I get on a horse and tour a Costa Rica cattle ranch. We travel to the area of Sardinal, Costa Rica where the province of Puntarenas ends and the Province of Guanacaste begins. The majority of cattle raised in Costa Rica is grass-fed. The ranch we are visiting is a very traditional setup of a Costa Rican cattle ranch.

For insight on the nuances of Costa Rican cattle:
https://larutadelclima.org/2020/07/31/nuances-about-costa-rican-livestock/

The Costa Rica Cattle Association has many studies and statistics about cattle raising in Costa Rica http://www.corfoga.org

For more information about Costa Rica visit my website at: https://costaricalaw.com/

If you are considering living, retiring or investing in Costa Rica be sure to pick up a copy of The Legal Guide to Costa Rica. This comprehensive guide will keep you out of trouble in Costa Rica. Available from Amazon for $9.99 https://costaricalaw.com/crbooks/

Costa Rica is fully open to tourism as of November 1. Will the tourists come? There are only two requirements to enter Costa Rica now and that is: (1) To purchase a travel insurance policy and (2) Ro complete an online health information card. https://salud.go.cr/

There is NO covid testing required and no quarantine issues.

You can purchase travel insurance from any international carrier that will cover Covid. You can also purchase it from the Costa Rican Government Insurer - Instituto Nacional de Seguros: https://micrositios.ins-cr.com/seguroviajero/ The private insurer Sagicor also offers a policy: https://tiendasagicor.com/en

For more information on Costa Rica visit us at https://costaricalaw.com/
https://www.facebook.com/CostaRicaLawGroup

Your best way to stay out of trouble in Costa Rica is to be informed. You can do so with the latest edition of The Legal Guide to Costa Rica available from Amazon now. https://costaricalaw.com/crbooks/

Costa Rica erupted in protests in part due to the announcement of the government that they needed to raise taxes to cover the budget shortfall.
The financial mismanagement and the waste in Costa Rica go way back and even before Covid-19 hit in Costa Rica we already had an unemployment rate of 15.7%. The economic effects of Covid have now jumped to 23.2% and it accelerated the financial pressure on the economy.

The government does not generate enough money to cover the 2020 fiscal budget.

As such the President proposed making up the difference by increasing taxes and only making minimal cuts to government spending.

Costa Rica had already had a tax increase in 2019 with the Law to Strengthen Public Finances and that increased the tax burden on every part of the economy.

Despite that tax increase, the deficit continued and hence the new call for more taxes. That request was met with people getting organized and taking to the streets to protest any new tax increases.

OECD Economic Survey of Costa Rica 2020: https://www.oecd-ilibrary.org/sites/2e0fea6c-en/index.html?itemId=/content/publication/2e0fea6c-en

News footage from:

NC 11 https://www.repretel.com/programa/nc-once/
CRHoy: https://www.crhoy.com/

For more information about Costa Rica visit our site:

CostaRicaLaw.com https://CostaRicaLaw.com
Facebook: https://www.facebook.com/CostaRicaLawGroup/
Twitter: https://twitter.com/lawincostarica
Instagram: https://www.instagram.com/costaricalaw/

The Costa Rican government announced that Residents and citizens who enter as tourists from any U.S. state will be able to enter Costa Rica starting November 1, 2020. According to the Minister of Tourism this measure will help the country's economic recovery and job creation.

In the interim, residents of the States of Florida, Georgia and Texas will be able to enter starting on October 15, 2020.

According to data from the Ministry of National Planning and Economic Policy (MIDEPLAN) , allowing the entry of US citizens could generate US $ 1,5 billion in foreign currency, or 2.5 points of Gross Domestic Product (GDP).

For more information from the Costa Rican Tourism Institute see their Covid-19 information section here :

https://www.ict.go.cr/en/institutional-services/coronavirus-support-material-tourism-sector.html

For the official Statement List of Countries and U.S. States Authorized to Visit Costa Rica see the following link:

https://www.ict.go.cr/en/documents/material-de-apoyo-coronavirus/declaraciones-del-ict/1809-statement-list-of-countries-and-u-s-states-authorized-for-visiting-costa-rica-10-02-20/file.html

US Embassy citizen services section:
https://cr.usembassy.gov/u-s-citizen-services/

British Embassy in Costa Rica:
https://www.gov.uk/world/organisations/british-embassy-in-costa-rica

A new law has been presented in the Costa Rican legislature called the Law for the Attraction of Investors, Rentistas and Retirees #MoveToCostaRica

The proposal which is pending approval in the legislature, provides for the following:

Declaring the attraction of investors and retirees as a public interest.

Import Duty Tax Exemptions. You will be able to bring in your household items into the country tax-free. You will also have the right to import one vehicle into the country duty-free.

Income Tax Exclusion. The income that you reported as your basis for residency would be excluded from Costa Rican Income Tax.

Property Transfer Tax Discount. If you purchase real estate in your personal name, then you will receive a 20% discount from the Costa Rican real estate transfer tax. 

For the Resident Investor category, it drops the investment requirement from US$200,000 to US$150,000.

Expedited Processing. The law indicates that they will create a specialized service window within the Department of Immigration to handle processing for Investor, Rentista, and Pensionado residency categories.  

You can read the full text of the law here : https://costaricalaw.com/costa-rica-legal-topics/immigration-and-residency/new-law-to-attract-baby-boomers-and-investors-to-costa-rica/

For more information check out my video on Moving to Costa Rica: https://www.youtube.com/watch?v=JzxyHPRdMA8&t=1s

For detailed residency information read our Step by Step How to Apply for Residency in Costa Rica at : https://costaricalaw.com/costa-rica-legal-topics/immigration-and-residency/how-to-apply-for-residency-in-costa-rica-a-step-by-step-guide/

Also don't miss The Legal Guide to Costa Rica. The most comprehensive source of legal information about Costa Rica. US$9.99 from Amazon at:
https://bit.ly/legalguideCR #TheLegalGuideToCostaRica

After months of not being able to visit the beaches of Costa Rica and hearing pandemic news, I need a break out of the city of San Jose, so I drove down to Playa Jaco on a Saturday, which is about 1 1/2 drive. It was refreshing to see everybody relaxed and enjoying their time on the beach. Join me for a quick tour of what Playa Jaco looks like during this time of year. #VisitPlayaJaco #PuraVida

Local tourists are taking the opportunity to travel in their own country. Slowly we are receiving international tourists again as more flights are added to travel to Costa Rica. Hope to see you all back in Costa Rica soon.

For more information about Costa Rica

Website: https://costaricalaw.com/

Facebook: https://www.facebook.com/CostaRicaLawGroup

Instagram: https://www.instagram.com/costaricalaw/

Don’t get in trouble in Costa Rica, which operates a different legal system with cultural nuances. The Legal Guide to Costa Rica is your best source of information about moving, retiring, living, or doing business in Costa Rica.
Available from Amazon for $9.99 with the following link: https://bit.ly/legalguideCR

Why importing goods to Costa Rican can be expensive. Costa Rica has import duties on the majority of goods that are imported into the country. In some cases it will be worthwhile for you to import your product while othes it might be cheaper to buy it locally. In this video I go over the process to import products into Costa Rica via air freight or shipping cargo and walk you through the customs procedures. #ImportCostaRica

On this site they have a list of import duties that different products will pay: https://uniboxcr.com/calculos-de-impuestos/

These private third party import service providers all have online calculators to help you estimate the import cost for you:

1. Jet Box: https://www.jetbox.com/calculadora
2. Aeropost: https://aeropost.com/site/en/calculator
3. Transexpress : https://www.transexpress.com/en-US/calculaterates

If you are looking for Customs Logistics company to handle your imports the following are some options:

1. Sociaco http://www.sociaco.com/index2.php
2. Transmares: http://www.transmares.co.cr/english/freight.html
3. Tical: https://www.tical.com/index.php?page=agencia-de-aduanas
4. Rex Cargo: https://www.rexcargo.com/costa-rica/

Air freight imports generallly arrive at the Juan Santamaria International Airport or at Liberia International Airport. Shipping cargo arrives either at the port of Moin in the Atlantic/Caribbean or Puerto Caldera on the Pacific.

For more information about Costa Rica visit: https://costaricalaw.com/

Be sure to purchase a copy of The Legal Guide to Costa Rica to ensure that you stay out of trouble in Costa Rica: https://bit.ly/legalguideCR

The Legal Guide to Costa Rica is your best source of information about moving, retiring, living, or doing business in Costa Rica. Don't get in trouble in Costa Rica, which operates a different legal system with cultural nuances.

In plain English, the Legal Guide to Costa Rica will give you information on:

How to live legally in Costa Rica
Residency options
Buying and selling property
Renting
Taxes
Driving in Costa Rica
Working and starting a business
Setting up a company and management
Marriage and divorce
Wills and inheritance
HOA' and condominium laws
Criminal matters
The Costa Rican court system and litigation
Hiring legal advisers
Powers of attorney
The environment
Hiring and firing employees
Commercial and financial transactions

And much more information that will put you on the right track to settle in Costa Rica.

Roger Petersen was born in Costa Rica and has practiced law in the country for over twenty years. During that time, he has seen many of the challenges facing ex-pats as they settle in Costa Rica. In the Legal Guide to Costa Rica, he shares years of knowledge and experience to ensure you have a smooth transition into Costa Rica. The Legal Guide to Costa Rica has guided thousands of people to avoid any pitfall in starting a new life or business in Costa Rica.
If you genuinely want to enjoy the Pura Vida lifestyle of Costa Rica, then be sure you get the best advice in advance, and there is no better way to do it then with The Legal Guide to Costa Rica.
#TheLegalGuideToCostaRica

Order from Amazon: https://www.amazon.com/Legal-Guide-Costa-Rica-Complete-ebook/dp/B08D7VBF7C

For more information about Costa Rica visit our website https://costaricalaw.com/

The San Jose International Airport opened for flights on August 1, 2020, but a tour of the airport on August 10 shows that there is still not much activity. Just a few flights are coming and going due to the government limiting the countries from which tourists can fly into Costa Rica. The initial rollout was for tourists arriving from Europe, Canada and UK.