Archives for February 2010

New Insurance Program Starts March 1, 2010 – Expats Have to Pay for Caja Policy

Starting Monday, a new requirement for foreign residents (expats or permanent residents), must show proof of insurance from the government Caja Costarricense de Seguro Social. Often cited as a reason for the country’s stability over recent decades, the Caja Costarricense de Seguro Social is the safety net for health care and pensions. Permanent residents are foreigners who can legally … [Read more...]

Buying A New or Used Car in Costa Rica

When someone moves to Costa Rica, one major decision they will have to make whether to buy a car and/or just use the excellent public transportation system. If  they plan on living in San Jose, it is a wise choice to use the public transportation until one gets the feel of things. A common misconception among foreigners coming to Costa Rica is that you will save money by bringing a car here … [Read more...]

Costa Rica Shark Finning – Is It Being Monitored?

Around early 1980s a friend wanted to open up a fresh fish exporting business in Puntarenas. He found a packing house and cannery, got some investors and was ready to start exporting fresh Dorado and canned tuna. One of the things that were puzzling to him was Costa Rica fishermen were catching sharks in their long lines and gill nets. Shark at the time was a worthless meat so they were either … [Read more...]

Has Scott Brown’s Win Stimulated Costa Rica’s Economy?

In the last few years Costa Rica economy has really sucked with very few signs of recovery. That recovery worsen  by Americas uneasiness with the current Presidential democratic administration mucho-trillion dollars tax, health and stimulus bill that will be absorbed by U.S. taxpayers. To put it bluntly, Costa Rica Tourism which was already suffering became in greater peril when Americans … [Read more...]

Costa Rica Toyota Recalls – Rental Cars and For Sale

Toyota has announced it will conduct another recall of 133,000 vehicles to update software in the vehicle’s anti-lock brake system (ABS). Toyota's global recall ballooned to 8.5 million cars and trucks including 437,000 Prius and other hybrid vehicles worldwide to fix brake problems;  the latest embarrassing safety lapse at the world’s largest automaker. Toyota is one of the preferred vehicles to … [Read more...]

Laura Chinchilla Wins – Costa Rica’s First Woman President

As millions were watching the New Orleans Saints betting the Indianapolis Colts, during Sunday's Superbowl, Costa Rica presidential candidate, Laura Chinchilla won the nation's presidency Sunday with a landslide victory in which she prevailed in each of the country's seven provinces. She is Costa Rica's first woman president. Thousands of Chinchilla’s supporters took to the streets to … [Read more...]

Costa Ricas Black Sand Beaches – Jaco, Tamarindo, Coco

Costa Rica’s awesome and calendared coast offers something for everyone. Golden sand beaches, gray sand beaches, black sand beaches, and  pink sand beaches can be found dotted all along Costa Rica’s lush coastal plains, making it a truly spectacular beach destination. Costa Rica boasts some of the top beaches in the world. Although black sand beaches are generally less known than their white … [Read more...]

Costa Rica Investment – Real Estate, Retire and Live

My first time in Jaco (about 20 years ago) it was a sleepy and traditional Costa Rican town that did not even have a stop light. Three years ago the skyline was filled with high-rise construction on the feeding frenzy of developers and speculators investing in property. However, that has changed, most investors are doing damage-control, regrouping and wondering how to deal in the slump of the real … [Read more...]