In 2011 National Geographic had a photo contest and ironically one of the winners in the nature category was a picture of a fruit fly resting on a green coffee bean in Monteverde, Costa Rica. Obviously unknown to the photographer, it implicated one of Costa Rica's worst nightmares is alive, well, and continues to threaten Costa Rica's multimillion dollar agriculture business. The Mediterranean … [Read more...]
Higher Traffic Fines, Tolls, Corporation Tax in Costa Rica
One again, as the New Year gets started, Costa Rican's will find themselves paying more to the government. Ticos by nature are non-aggressive, but this time the government may experience what American's have seen, "country wide protests" and what some of the Bloggers are writing about, "WTF - The don't understand land!" Starting today (Jan 1, 2012) Costa Rica will see ( to name the few) … [Read more...]
Costa Rica Coffee and Produce Get Trademark Protection
Coffee has always played a major role in Costa Rica's history and economy. Up until a few years ago it was Costa Rica's #1 exported and very commercialized product. The largest growing areas are in the provinces of San José, Alajuela, Heredia, Puntarenas, and Cartago. It is grown just about everywhere in Costa Rica. Even if I like all the commercial brands like Cafe Milagro and Britt, I really … [Read more...]
Are Costa Rica’s Internet Service Providers Going to Be Charging Extra for Excessive Bandwidth?
In the last couple of weeks one of our accounts has been having a hard time logging into their server. So after they rebooted the router a few times and then cleaned the ends of the cables the problem still existed. For a while it was driving me a bit crazy why this was happening until suddenly that light bulb clicked on; I remembered the article I wrote back in April, 2010, Net Neutrality For … [Read more...]
Costa Rica’s Internet Future – IPv6, Competition and Fraud
The world’s most advance technology will have it 20th Birthday on Aug, 8th; thats when the “World Wide Web (www)” first gained a public face in 1991. CERN, which straddles the border between France and Switzerland, publicized the new World Wide Web project, two years after, British scientist Tim Berners-Lee had begun creating HTML, HTTP and the first few Web pages at CERN. The World Wide … [Read more...]
Costa Rica Tourism; Quest for Pura Vida & National Convention Center
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...]
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...]
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...]
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...]
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