New law proposed to attract Baby Boomers and Investors to Costa Rica residency programsA 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:
I need a break from the Pandemic - Going to Playa JacoAfter 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
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 Rica can be expensiveWhy 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 new edition of The Legal Guide to Costa Rica is availableThe 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
Buying and selling property
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
The Costa Rican court system and litigation
Hiring legal advisers
Powers of attorney
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.
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/
SJO Costa Rica Airport is still empty in AugustThe 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.
Costa Rica Coronavirus Update - A second wave is hereA second wave of Cornovirus has hit Costa Rica and in this video I go over the new measues announced by the Costa Rican government which will take effect through July 31st.
The government has divided the country into ZONES, depicting the pace at which the virus is spreading. The zone is either Orange or Yellow. Depending on the area, the more stringent the restrictions. The ORANGE area is where the amount of cases and spread is more prevalent.
For a detailed review of all the new restrictions imposed by the government see my Article here: https://costaricalaw.com/costa-rica-medical-and-healthcare/tired-of-coronavirus-costa-rica-gets-hit-by-a-second-wave/
For updates on the alert areas you can visit the website of the National Emergency Commission of Costa Rica: https://cne.go.cr/
For a list of airlines flying into Costa Rica you can read the article in La Nacion: https://www.nacion.com/el-pais/coronavirus-y-vuelos-cuales-aerolineas-estan/EBLX62FSUJCAZKYWG6Y46PYIUY/story/
Here is a summary of what they indicate in the article.
AIR CANDA : September 1 to Toronto
AIR FRANCE: October 1
ALASKA AIRLINES: August 3
AMERICAN AIRLINES: August 5th to Miami and Dallas
BRITISH AIRWAYS: October 17
COPA AIRLINES: August 6
IBERIA: August 3
INTERJET: August 2 to Mexico
JET BLUE: No information
LUFTHANSA: August 1 to Frankfurt
SOUTHWEST: Restart in 2021
SPIRIT: No information
UNITED: August 1 to Houston
You can also view the airport directory at: https://sjoairport.com/directorio-de-aerolineas/
Atenas, Costa Rica-Living in the countryside of Costa RicaThe town of Atenas, Costa Rica, is located only 35 minutes away from the hustle and bustle of the capital city of San Jose. It offers the small-town countryside lifestyle for those that are looking for peace and tranquility. Join me in this video as I tour the town and surrounding areas of Atenas and visit some properties as reference for the type of living accommodations available in Atenas.
The population of the area is around 20,300, and Atenas has become a haven for ex-pats from many different parts of the world. Known for its climate, Atenas is often referred to as "best climate" because of the temperature ranges from 68 F to 89 F year-round.
For more information on the properties viewed, I am attaching the links below.
To contact Shelly Goettl you can do so via her website at https://www.atenasbestclimate.com/
A summary about Atenas from Fodor's https://www.fodors.com/world/mexico-and-central-america/costa-rica/central-valley/places/atenas
Some video footage courtesy of the Municipality of Atenas collection for their 150-year celebration. You can view the full collection here: https://www.atenasmuni.go.cr/index.php/about-us/distritos
Costa Rica Covid Update - When will the economy reopen ?Costa Rica has been in lockdown since March 18th and the impact on the economy has been devastating. When will the economy reopen ? In this video I go over the planned schedule to reopen the economy and the actions taken by the Costa Rican government to mitigate the financial consecuences of Covid on the economy.
For more information and details about the reopening schedule check out our article here: https://costaricalaw.com/costa-rica-facts/costa-rica-economy/when-will-costa-rica-reopen-the-economy/
Here is the reopening plan:
Phase I from May 16 -31
SPECIFIED NATIONAL PARKS will reopen at 50% capacity with previous purchase of tickets online.
BEACHES will be open Monday-Friday but only from 5:00 a.m. to 8:00 a.m.
RECREATIONAL SPORTS with no direct physical contact and high-performance contact sports without spectators will be allowed.
Food pickup at delivery window will now be available on weekends.
SMALL HOTELS with 20 rooms or less can open to 50% capacity.
Recreational physical activities are allowed
Phase II from June 1 -20
MORE NATIONAL PARKS will open at 50% capacity
RESTAURANTS can open with 50% capacity
MUSEUMS open for those with pre-purchases tickets and at 50% capacity
ALL HOTELS at 50% capacity.
Phase III June 21 – July 12
Stores can reopen at 50% capacity
Movies and Theaters can reopen at 50% capacity
Churches and places of worship can open up to a maximum of 100 persons and with social distancing in place6
Phase IV July 13- August 2
Classes will resume for grades 1-6
The BEACHES reopen
Contact and high performance sports events reopen with 20% capacity for spectators
What is the plan to reactivate the Economy ?
1. Announce the economic reopening schedule outlined above
2. Decree to the banks to make available low interest loans for working capital to the business sector.
3. Investment of 3.1 billion Colones in infrastructure construction
4. Support to the productive sectior of the economy.
i Improve technical training,
ii. allow flexible work schedules previously prohibited by the labor law
iii. reduce electric rates for commercial activities
iv. Improve 104 regulatory guidelines
v. Eliminate or consolidate the permitting requirements of 25 government institutions
5. Attract Investments to Costa Rica
i. Program to assist small business enterprises (PYMES)
ii. Create a digital services economy for PYMES
iii. Attract expats and Baby Boomers for retirement in Costa Rica
iv. Attract a Wellness and life sciences hub for Costa Rica
v. Approve the cultivation of Hemp and Medicinal Cannabis
6. Modernize Agricultura Practices with agro innovation and precision agriculture
The video presentation done by former Vice-President Luis Liberman and Gerardo Corrales on the impact, mitigation and the consecuences of Covid-19 on the Costa Rican economy and the local banks can be seen on the Facebook page of Banco Promerica. The presentation is in Spanish: https://www.facebook.com/510806525598386/videos/695342661230745/
Video images provided by the Costa Rican Institute of Tourism. https://www.ict.go.cr/es/servicios-institucionales/material-audiovisual/videos.html
Coronavirus Lockdown in Costa Rica - What to expectCosta Rica had its first Coronavirus (Covid-19) case on March 7, and the government declared a National Emergency on March 16, and all borders were closed on March 18. The country is currently under a mandatory lockdown through April 30. In this video, I go over the lockdown procedures and the laws and regulations which the Costa Rica government has passed to address the health, social, and economic impact of Coronavirus in Costa Rica. I am including the link to the official orders issued by the Costa Rican government related to the emergency orders.
The lockdown order (in Spanish) updated April 13, 2020 https://www.ministeriodesalud.go.cr/sobre_ministerio/prensa/docs/med_admin_temp_atenc_activid_concent_masiva_v16_13042020.pdf
Ministry of Health of Costa Rica https://www.ministeriodesalud.go.cr/
Ministry of Labor of Costa Rica Covid contingency matters http://www.mtss.go.cr/elministerio/despacho/covid-19-mtss/COVID19-MTSS.html
Ministry of the Presidency news feed https://www.presidencia.go.cr/noticias/
Department of Immigration Covid contingencies https://www.migracion.go.cr/Paginas/Medidas-Administrativas-COVID19.aspx
Playa Jaco, Costa Rica.Join me on my visit to Playa Jaco in Costa Rica. We walk around town then take a tour of Jaco beach. We stop off at the Jaco farmers market, then drink a "pipa fria" and have some ceviche. For those of you looking to spend more time in Jaco, there are hundreds of vacation rental options and hotel accommodations as well. Airbnb Jaco listings were starting at US$50 per night and up. Same for hotel listings with the average listing according to booking.com running at around $130 per night for January. Prices will fluctuate depending on the time of year. On the way out of Jaco, I stop off in Tarcoles to visit my favorite fish market to pick up some snapper and tuna.
If you are considering living or retiring in Costa Rica visit my website which provides the best unbiased information about living, retiring or doing business in Costa Rica. https://costaricalaw.com/
How to Apostille a Document from the United StatesIf you need to use a public document issued by any State in the United States or by the Federal government in a foreign country then you will need to have that document Apostilled. An Apostille is a certificate that authenticates the origin of that public document.
In this video, I review the Apostille process using a birth certificate issued by a US state as an example. The most common documents that require an Apostille when applying for residency in Costa Rica are the birth certificate, marriage certificate, and the criminal background report.
You can view the complete Apostille Guide from the Hague Convention on the Legalization of Foreign documents here: https://www.hcch.net/en/instruments/conventions/specialised-sections/apostille
In the United States to Apostille state documents, you will need to contact your Secretary of State. Here is the list of their contact information: https://www.nass.org/membership
For US Federal documents you will need to contact the U.S Department of State: https://travel.state.gov/content/travel/en/records-and-authentications/authenticate-your-document/office-of-authentications.html
If you require a background search from the Federal Bureau of Investigation - F.B.I. then you can contact them here: https://www.fbi.gov/services/cjis/identity-history-summary-checks
For more information about Costa Rica be sure to check out our website at: https://costaricalaw.com/ and our YouTube Channel @CostaRicalaw
Costa Rica Beach Hopping - Playa Hermosa - Playa Matapalo - Playa Danta in GuanacasteJoin me on my trip to the Northern Beaches of Guanacaste, Costa Rica. We start in the gateway city of Liberia, Guanacaste near the International Airport and drive to Playa Hermosa. Next, we travel from Playa Hermosa to Playa Matapalo where the Riu Resort is located. We explore the surroundings towards the Kasiiya Papagayo Retreat and then head further south towards Las Catalina via the Monkey Trail Route (route 911).
For the most comprehensive information on living, retiring or doing business in Costa Rica be sure to visit our website https://costaricalaw.com/
Before you purchase, retire or move to Costa Rica be sure you read the Legal Guide to Costa Rica. Now available in digital format on Amazon.
Places to stay in Playa Hermosa:
Bosque del Mar: https://bosquedelmar.com/en/
Villas Playa Hermosa: https://villasplayahermosa.com/
Hotel El Velero: https://costaricahotel.net/reservations/
Hotel Villas del Sueño: https://villadelsueno.com/
In Playa Matapalo
the Riu Resort: https://www.riu.com/en/hotel/costa-rica/guanacaste/hotel-riu-guanacaste/
The Kasiiya Resort: https://www.kasiiya.com/