An increase in transactions from businesses that exchange dollar investments into colones to pay taxes drove fluctuations in dollar prices in the past four months.
Those who fail to submit informative returns before the extended deadline are exposed to fines ranging from 10 to 100 base salaries, equivalent to ₡4.2-₡42 million ($7,475-74,750).
Costa Rican law regulates the effective collection of condominium maintenance fees, and the consequences of non-payment can be as severe as being evicted and losing your property.
If you are shopping around for a condo in Costa Rica, you might not realize that you will need to pay a condo fee as soon as you have closed on your purchase. The condo fee might double or even triple once the HOA takes over the administration of the condominium.
Several financial institutions have announced their terms and conditions for financing options they are offering this week at the Construction and Housing Expo at the Pedregal Events Center in Belén, Heredia, on housing projects ranging from $45,000 to more than $1 million dollars.
In the beginning of the 90s, a client of mine brought a suitcase of money to Costa Rica, who knows what bank he had robbed. It was pretty normal back in those days to buy real estate in cash. We had cash buyers all the time then, and people would bring stacks of dollar bills.
Looking to buy a house in Costa Rica? How many millions of dollars were you looking to spend? Or tens of millions? Here are the 10 most expensive homes for sale in this country.
Russia has rejected Costa Rica’s concerns over the presence of Russian military personnel in Nicaragua, saying Moscow’s cooperation with Managua is legal, limited and...
Wimbledon’s 2026 draw gave Latin tennis a little bit of everything Friday: opportunity, danger, star power and one major absence. Brazil’s João Fonseca and...
