We have to engage with Real Estate agents in our regular course of business, and every time we meet a new real estate agent we discuss the nuances of real estate transactions and laws in Costa Rica. Sometimes they are receptive about our opinion, most of the time they are not. A couple of days
I recently had two identical situations with two different people. They have to pay the transfer costs for vehicles, and were telling me that I charge too much. That their calculations are lower. Here is the breakdown of how much it costs to transfer a vehicle worth $10,000 USD. Detailed Description of the fees
The taxes on corporations (not to be confused with income tax) are back. Law 9428 approved on March 3rd 2017 by the CR Congress, “revived” the taxes on both active an inactive corporations. There is an exception to the law applicable to small businesses (PYMES) which are registered with such designation with the Department of Commerce
There is a new issue we have come across. According to Immigration Regulations, a requirement to be eligible for residency is to have a clear criminal record for the past ten years. Therefore, people who have been convicted of a crime committed more than ten years ago are eligible for residency, provided they comply with
Unfortunately, I have seen and heard enough stories of people losing thousands, or millions of dollars because of bad real estate transactions. Sadly, more often than not, people look for legal advice when they already have gotten into a problem. It is rare for people to think of legal services as a preventive measure in
The simplest way to put it is that immigration regulations are to humans what cages are to birds. All throughout human history, the human species has been migrating from one place to another. Migration is inherent to human nature. Creating a barrier in the ocean preventing whales from migrating from one part to the ocean
In the US Declaration of Independence, Thomas Jefferson stated that we (the people) have certain unalienable rights, such as Life, Liberty and the Pursuit of Happiness. I do not want to elaborate into what were considered people at that time, but just to make my point, those rights are very simple and straight forward. On
So Trump wants to limit trade with Mexico. I think it is a great idea. Mexico and Latin America as a whole must take this opportunity to reorganize themselves as a regional power and cut the umbilical cord with the US and the European Union. Latin America is a super power, but divided we fail, thus
People often ask what it means to have Condición Restringida on your DIMEX card. It basically means that you cannot work. On the other hand, Libre Condición means that you can work. Under Section 2 of the Immigration Regulation, Condición Restringida is a limitation set forth by the Immigration Department which does not allow people
The Rentista Category is a very popular category as it allows a significant number of people to obtain immigration status in Costa Rica. We receive a lot of inquiries about this category, and we are also able to see there is a lot of misinformation going around this category. So, let’s review it here.
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