Boom in Beach Condos Could Cause Oversupply

May 9, 2024
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Water, sewers, environment are factors to consider The condo explosion Get ready for Costa Rica’s condominium explosion. It is happening right now all over the country. Beehive condos are popping up everywhere. The San José area, Escazú and Santa Ana are perfect examples. New condos are growing out of the ground fast. First, the hot […]

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Just What the Heck Are All Those Books For?

April 25, 2024
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Corporations have at least six of them Believe it or not, these are the books of a corporation worth millions of dollars. Everyone doing business or owning assets in Costa Rica using a company is required to have legal books. The books, referred to in Spanish as libros legales, are obtained at the stationery store […]

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How Not to Tie Up Your Rental For a 3-Year Term

April 11, 2024
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Legal technique gives landlords a boost One does not have to be a bad guy Owning property in Costa Rica comes with many decisions. One is whether to rent or not to rent when one is away for long periods. Rental laws are very clear. Any contract automatically gives a renter a three-year rental term. […]

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This Easter Bunny Has Pair of Very Sharp Fangs

March 14, 2024

Annual cultural tax can really bite you The tax bunny cometh Everyone with a Costa Rican corporation, limited company or any other type of legally structured entity is required to file a form called D-110 in order to pay their education and culture taxes due March 31 every year. A corporation, referred to as a […]

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The One Problem With ADSL Is It Doesn’t Work!

March 7, 2024
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Superfast Internet in limbo for weeks The phrase “Internet Hell” is a slogan to give fair warning to users of the Internet in Costa Rica. The phrase also offers consolation to all who experience difficulties with the Internet here. Most expats in this country could write this piece themselves, each with his or her own […]

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Please Don’t Die Before Reading This Article

February 21, 2024
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Today could be your last day. The end could come fast, a collision with a bus or a whack from a coconut from a palm tree. What happens then to all those assets accumulated in Costa Rica? If the assets are in a personal name . . . ouch! The process is going to be […]

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Smile! All of Costa Rica Is On Candid Camera

February 7, 2024
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Google has put Costa Rica on the map. Literally. Google acquired Keyhole Corp. last October 2004 adding the firm’s service to its growing list of satellite imaging offerings. Founded in 2001, Keyhole is the 3D digital Earth pioneer — the only company to deliver a 3D digital model of the entire Earth via the Internet. […]

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