Category: Costa Rica

Costa Rica, News, Recidency | July 10, 2021
Project to attract residents to Costa Rica signed into law
A project that will lower the minimum required investment to obtain Costa Rica residency has been signed into law by President Carlos Alvarado. Project 22.156 will reduce the minimum capital investment for Costa Rica residency from $200,000 to $150,000. In addition, the law includes incentives such as the tax-free importation of vehicles for personal or family use and a one-time...
Costa Rica, News, Recidency | July 10, 2021
Costa Rica incentivizes residency for retirees and foreign investors
The Government of Costa Rica signed a law that reduces to $150,000 the amount that retirees and foreign investors must inject into the financial system to reside in the country, a measure that seeks to stimulate its pandemic-hit economy. “What this law achieves is to create the conditions so that these people can come to the country, bring their investments...
Costa Rica, COVID 19, News | July 4, 2020
Costa Rica announces productive credits and infrastructure investments to revive economy
Costa Rica announced on Friday loans for $1.5 billion to support companies from all sectors, along with a $5.45 billion investment in infrastructure to relaunch the economy, which has been hit hard by the COVID-19 pandemic. The credit resources of the financial system, especially the state bank, will be granted to all productive sectors — including industry, commerce, tourism and...
Costa Rica, News | July 4, 2020
Costa Rica plans campaign to revive tourism when pandemic passes
Costa Rica presented on Wednesday a roadmap to progressively reactivate tourism with an advertising campaign and price reductions so that a key sector of its economy can thrive once the coronavirus pandemic passes. The state-run Costa Rican Tourism Board (ICT) said in a statement that it intends to attract local visitors in a first phase to revive the sector before...
Costa Rica, COVID 19, News | July 4, 2020
Costa Rica Ranks Third as Best Retirement Destination in the World
Costa Rica went down one place since 2019 in International Living’s Annual Global Retirement Index 2020, which is designed to be a useful tool for potential expats trying to find the place that’s right for them. "The Index is constructed of statistics but also of real-world, practical, on-the-ground intelligence, experience, and opinion provided by International Living’s editors and correspondents based...