Costa Rica Tourism is back on the rise after a relatively flat 2010. Costa Rica Tourism Board (ICT) reports that total number of visitors is up 7% or 45,000 more visitors in the first quarter of 2011. This is great news for tourism and there are even bigger changes on the horizon. Tourism is Costa Ricas’ number one industry and if the size and scope of many projects and initiatives on the table … [Read more...]
Plastic Surgery in Costa Rica – Low Costs, Hospitals, Recovery
It has not been a surprise to some how Costa Rica has become a desired and popular medical tourism hub attracting thousands of medical tourists every year. They are coming in for all kinds of different medical treatments, starting from necessary surgery to elective procedures and prolonged treatments. In the last few years, the medical tourism industry has jumped up 200% and that is expected to … [Read more...]
Costa Rica and China Make Another Free Trade Deal
One of the biggest bummers in Costa Rica is their infamous import tax, a horrendous tax that is applied to so-called luxury items, such as boats, vehicles and electronics. A tax that makes these items VERY expensive. Anyone that has tried to import a vehicle knows how a $10,000 vehicle can quickly become a major investment and/or headache. However, this week may have changed that. It is no … [Read more...]
Tipping Now Taxed In Costa Rica’s Restaurants and Bars
A tip (also called a gratuity) has always been a special thanks to a server for good service. Such payments and their size are a matter of social custom and etiquette and usually are around 10% plus of the total bill. Tipping varies among cultures and by service industry. In Costa Rica, those that provide services in restaurants and bars or unskilled labor make less than $2/hr (more like $1/hr … [Read more...]
Apple – ICE – iPhones – Costa Rica’s Newest Monopoly?
Beginning this week the new Apple, iPhone G4 will start selling in Costa Rica. Instituto Costarricense de Electricidad (ICE) the state’s telephone, and Internet monopoly, officially became the NEW monopoly distributor and exclusive seller for Apple's new iPhone G4s. Retailers who have iPhones for sale in Costa Rica, unless it is an ICE authorized agent, are not authorized by Apple to sell … [Read more...]
Bobby McGuinness – IGFA World’s Top Captain in 2010
Captain Bobby McGuinness has done it again! For the second time in his illustrious 30 years as a sportfishing captain in Costa Rica, Bobby McGuinness was named the year's (2010) top captain in the world by the prestigious International Game Fish Association (IGFA). The IGFA also presented Bobby with its 2010 Lifetime Achievement award. See Bobby McGuinness Video This is the second time … [Read more...]
IRS Goes After US Income Expats in Costa Rica
Once again the media hammered the public with the new IRS threat, that they are going after US expats that have failed to pay US income taxes! Back in February of 2011 the IRS announced a program for U.S. taxpayers who have overseas accounts, income, or other foreign assets that have not been previously reported and/or taxed. This is called the “2011 Offshore Voluntary Disclosure Initiative,” … [Read more...]
Uranium Weapons Banned in Costa Rica – No Free Trade Zone
This week Costa Rica got a lot of world-wide attention with three hot news stories. A Costa Rican court sentenced former president Miguel Angel Rodriguez to five years in prison Wednesday after finding him guilty of taking bribes from French telecoms giant Alcatel. Alcatel is no stranger to kickbacks, in Dec, 2010, US Securities and Exchange Commission nailed them with 137 million U.S. … [Read more...]
The Future for Guanacaste – Vacation, Invest and Retire
Guanacaste has posted some great numbers in 2011 however things still seem to be slow in talking with many hoteliers, restaurateurs and retailers. Our real estate friends in Guanacaste are positive and things seem to be picking up a bit, but our friends in Atenas are talking about a slump. Their situations were completely reversed a year ago. Many other factors on the table are very positive for … [Read more...]
Online Poker Gambling Seizures – PokerStars, Full Tilt, Absolute Poker
Last Friday (at around 1:30 pm), I got a call from a private investigator in Costa Rica, who said the U.S. Government's FBI just killed Costa Rica today! This is huge news! My friend continued with the outraged about how the FBI put over 4,000 Costa Ricans (we heard reports that this may be up to 20,000) out of work when the online poker world was shaken as the owners of the three largest online … [Read more...]
Government Seizes Sailfish Meat From Seafood Company
FT. LAUDERDALE, Fla. USA. – Costa Rican government officials released information to The Billfish Foundation (TBF) of the seizure from a seafood exporter, of over 7,000 kilos of sailfish meat bound for Peru. Sailfish are protected species in the popular Costa Rican fishery. Tico Times Editor Note: Costa Rica's ban of exporting billfish meat was established in Jan 2009. Investigators … [Read more...]
Taking Professional Photos in Costa Rica – Traveling
Costa Rica offers some of the most stunning imagery for photographers. On the Osa Peninsula, I've swam with sailfish, cavorted with crocodiles, and photographed monkeys, butterflies, and rare birds in the span of a single day! To capture all the incredible things you'll see on camera, you should follow a careful game plan. Here are some essential elements to consider. PLANNING Bring the … [Read more...]
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