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Costa Rica Seeks to Tax Cryptocurrency Purchases and Gross sales

On Monday March 21st, 2022, The Ministry of Finance submitted their proposal in La Gaceta, Costa Rica’s official newspaper for government affairs. Now, the...

Costa Rica’s Credit Rating Raised By Fitch

The credit rating agency Fitch has revised their outlook on Costa Rica’s financial condition. In announcing the change Fitch stated the following: The revision of Costa...

Why Crypto Creators Want to Stay Anonymous

The two lifelong friends from Florida never sought the limelight, but then they built a multi-million-dollar empire selling digital art and people wanted to...

Is Twitter Co-Founder Jack Dorsey In Costa Rica Just For The Waves?

Although not a movie or television star like Ashton Kutcher or Emma Roberts, celebrities who we have been recently visiting Costa Rica, Jack Dorsey...

Dollar exchange rate maintains upward trend

The exchange rate of the Costa Rican colón against the dollar increased by ₡10 during the past month, according to official data from the Central Bank...

9 Common Questions About Cryptocurrency in Costa Rica

We all know that Bitcoin is the future of digital currencies. Soon each and every country in the world will start transacting through cryptocurrency,...

Costa Rica unemployment drops slightly

Unemployment in Costa Rica was 16.4% in the moving quarter from June to August 2021, according to the National Institute of Statistics and Census (INEC). Compared to...

Costa Rica warns of pandemic’s economic impact

President Carlos Alvarado warned of "instability in developing economies" due to the ongoing economic impacts of the coronavirus pandemic.

Costa Rica tops in attracting foreign investment: report

Costa Rica was the world’s best-performing country relative to its size in attracting foreign direct investment (FDI), according to analysis from fDi Intelligence. 

Costa Rica unemployment rate at 17.7%

Unemployment in Costa Rica was 17.7% in the moving quarter from March to May 2021, according to the  National Institute of Statistics and Census (Inec).
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Tourists in Costa Rica Warned About Optional Dollar Card Fee

Foreign visitors who pay by card in Costa Rica now face a 6% charge from one of the country's largest banks if they choose...

Costa Rica’s OIJ Warns of Surge in Virtual Kidnapping Scams

Costa Rica's Judicial Investigation Police (OIJ) is warning of a steep rise in "virtual kidnapping" extortion, with complaints jumping more than sevenfold over the...

Fonseca and Stefani Carry Brazil’s Flag Into Roland Garros’ Final Stretch

Brazil moved to the front of Latin America's Roland Garros campaign on Tuesday, as Luisa Stefani booked a place in the women's doubles semifinals...

Wildfire Scorches 20% of Costa Rica’s Palo Verde National Park

A wildfire sparked by a lightning strike has burned roughly 4,000 hectares — about 40 square kilometers, or 20% of Palo Verde National Park...