In Sept, 2009 Costa Rican Fishing Institute (Incopesca) and with the help of organizations like The Billfish Association, established a satellite monitoring system to monitor and control the activity of the fishing vessels engaged in tuna fishing with purse seines in the Exclusive Economic Zone (EEZ) of Costa Rica. Generally, a countries EEZ extends to a distance of 200 nautical miles (370 km) … [Read more...]
Costa Rica’s Future – US Marines, Drugs, Investments, Tourism, and Oil
07/19/2010 by 8 Comments
Last week our email box was pretty much filled with, “Why the US Marines were invading Costa Rica?” Even at our Facebook account, a few commented on right-wing political BS, “It's all about the oil, about building a military base in Costa Rica, and of keeping an eye on all the other dangerous countries around like Venezuela." However, I would like to comment on the one of the insanely … [Read more...]
Costa Rica Newspaper Will Publish Sales Tax Defaulters
06/24/2010 by 1 Comment
Sometime next week Expats that have not paid sales tax (or other taxes) may find themselves in an embarrassing situation; this is when their names will be published in El Financiero, the weekly business newspaper put out by Grupo Nación. Currently there are 1000s of Expats who own small businesses that vary from B & Bs, eco-tourism, gift shops, online sales, travel agents, real estate etc. … [Read more...]
Cutris de San Carlos Gold Mine Looses Appeals Court – Will It Be The Start Of Another Battle?
06/16/2010 by 1 Comment
During Ms. Chinchilla presidential campaign, she had gone on record that she opposed any new open pit mines. This week it appears that she kept her promise by influencing the judges when the appeals courts declined to lift a ban on the open pit gold mine in Cutris de San Carlos. The company, Industrias Infinito S.A., (Costa Rican subsidiary of a Canadian company), cannot keep developing the … [Read more...]
Costa Rica Identification (ID) Thief – Court Ruling Could Make It Worst
06/03/2010 by 2 Comments
For a while now, I have been following what I consider three very important legal cases in Costa Rica. At first it appeared this week that the Costa Rica government has taken its first steps to help prevent ID thief, may not be so. As more and more Costa Rican's surf the internet, get involved in online transactions and personal matters like buying property, getting a drivers license etc, they … [Read more...]
Hiring Costa Rica Workers – Payroll Taxes – Work Comp
05/07/2010 by 2 Comments
The scenario starts innocently enough. Expats come to the country and start looking for someone to help with household chores like maid or gardener service. If you are not living in a gated community where they have these services, it starts by asking around for references or putting the word out in their community. Try not to place an ad in some local paper or post one in a market down the … [Read more...]
Net Neutrality For Costa Rica – Throttling Bandwidth Usages and Charging For It.
04/09/2010 by 1 Comment
If you've ever wondered why it takes so long to download or load certain Webpages or other files to your computers - it's all determined by the bandwidth of the connection between your computer and your and/or others Internet Service Providers (IPS). Bandwidth is a rate of data transfer that is measured in bits per second (bps). Your ISP makes its money by renting little "chunks" of that … [Read more...]
Building a House in Costa Rica – Eco Friendly
04/06/2010 by 14 Comments
If you are considering building or investing in a home in Costa Rica then you will find these articles both useful and informative. When I first began my primer steps, I searched the internet and papers and bulletins for information to give me direction and was not able to find any unbiased or truth or experienced information. So as an experienced contractor of 30 years in Canada, USA, and … [Read more...]
Real Estate Investing Tips in Costa Rica – HMO, Deeds of Trusts, Taxes
03/05/2010 by 1 Comment
Costa Rica is nowhere different than any other country when it comes to real estate. In the early 2000s the hype of the countries cheap property, relaxing and eco-friendly environments sparked a real estate boom. And like the U.S, when the market busted several year ago, it threw many investors and home buyers into a world of financial ruin. Investments vanished when buyers gave huge sum’s to … [Read more...]
Buying A New or Used Car in Costa Rica
02/25/2010 by 22 Comments
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...]
Qatar’s Investment In Costa Rica – Emir’s Arrivial
01/22/2010 by 2 Comments
With China investing heavily in Costa Rica in the last few years, it appears that the Middle East country of Qatar may be taking an investment interest in Costa Rica also. The ruler of Qatar, Sheikh Hamad bin Khalifa Al Thani, is now in Costa Rica and staying at, The Four Seasons on the Papagayo peninsula. The hotel's ownership is heavily Saudi Arabian and it is the place for those with Muslim … [Read more...]
Costa Rica Internet Fraud On the Rise – Haiti Earthquake Scams
01/18/2010 by 2 Comments
I got an panic email last Saturday about a small Costa Rica online store whose owner got scammed when she went to buy a product and was taken to a phishing website. She elected to pay by e-check, her second biggest mistake. Within seconds her account was cleaned out of several hundred dollars. She asked me what we could do to get her money back? I was sorry to say, "Nothing." Adding, all she … [Read more...]
Comments