No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeNewsCosta RicaAirBnb to be taxed, regulated in Costa Rica

AirBnb to be taxed, regulated in Costa Rica

A new law in Costa Rica will require non-traditional housing hosts who use platforms such as Airbnb to register with the Costa Rican Tourism Board (ICT) and the Finance Ministry.

María Amalia Revelo, Minister of Tourism, says this law (from bill 20.865) will create a more equal market within the tourism sector between traditional hotels and platforms such as AirBnb.

It will do so by charging a value-added tax (VAT) to customers. ICT says the registration process and enforcement may result in better tourist safety in Costa Rica.

In a statement from the company, AirBnb warned the new regulation would impact local communities.

“The losses that will be generated throughout the community by the new regulation will affect not only Airbnb hosts, but also restaurants and other small local entrepreneurs who today benefit from the local tourism generated by Airbnb,” the company said in the statement.

“Local hosts have contacted Airbnb directly, fearful of the final impact this legislation will have on their ability to earn additional critical income and support their families.”

ICT estimates that 9.2% of tourists entering Costa Rica via air travel used platforms such as AirBnb in 2018.

AirBnb says the platform accommodated more than 520,000 guests in Costa Rica last year.

Trending Now

Costa Rica Releases New Collectible Coin Honoring Arenal Volcano

Costa Rica will release a new ₡25 coin on Wednesday that pays tribute to Arenal Volcano, putting one of Alajuela’s best-known landmarks into the...

Costa Rica Sees Ongoing Spike in Digital Fraud Tied to Travel and Payments

Costa Rica’s fraud problem is moving fast online, and travel is one of the clearest targets. What used to look like isolated scams now...

Nicaraguan Exiles Demand Justice on Eighth Anniversary of 2018 Protests

Nicaraguans living in exile in Costa Rica and the United States gathered this weekend to demand justice for victims of the 2018 protests and...

Costa Rica Says Deported Migrants May Seek Asylum Over Return Fears

Eight of the 25 migrants deported from the United States to Costa Rica in the first flight under a new third-country agreement have told...

Costa Rica Could Face Sharp Rise in Chronic Disease Cases

Costa Rica is a country that tends to punch above its weight in health outcomes. With a life expectancy of more than 80 years...

Costa Rica Takes in Second Group of Deportees from the United States

Costa Rica received its second group of deportees from the United States on Friday confirming that a controversial third-country removal program is now operating...

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel