No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeMoney Matters

Money Matters

Costa Rica launches new green building certification

Costa Rica is celebrated around the world for its “green,” pro-environment image. This week, the Green Building Council of Costa Rica is helping to launch a new certification system here that will help builders and homeowners manifest that reputation.

Taxes you need to know about when living in Costa Rica

Moving to another country like Costa Rica is always a big step, especially if you don’t have all the information together to be able to follow the rules. In most countries the tax authority or city will send you a notice when it’s time to pay your taxes. That’s not the case in Costa Rica, and you will be fined for late payment. Needless to say there are a couple of taxes you should know about.

What is Costa Rica’s luxury home tax?

Potential property owners are likely quite familiar with property taxes. However, a relatively newer tax has hit the real estate market that you should keep in mind should you consider purchasing property in Costa Rica. It’s called the Impuesto Solidario para el Fortalecimiento de Programas de Vivienda (roughly translated as the Solidarity Tax for the Strengthening of Housing Programs)

Costa Rica criticized for lack of oversight of money laundering in the real estate sector

The global monitoring organization Financial Action Task Force (FATF) is currently conducting an evaluation of money laundering activities associated with drug trafficking in Costa Rica. They are particularly focused on the real estate industry.
Costa Rica Coffee
Costa Rica Furniture
Costa Rica T shirts
Costa Rica Travel Insruance
Costa Rica Rocking Chairs
Costa Rica Travel

Panama Union Files Lawsuits Against Chiquita Over Mass Layoffs

Panama’s President, José Raúl Mulino, will meet in Brazil with U.S. banana company Chiquita Brands in search of an agreement for the company to...

The Most Clueless Gringo in Costa Rica: A Satirical Take on Expat Life

If part of your online day includes mindless scrolling through reels, you’ve probably seen the Dos Equis beer parody commercials. The original ads featured the...

US Cracks Down on Costa Rica’s Narco Network with New Sanctions

The US Treasury Department moved against a Costa Rican drug trafficking ring today sanctioning four individuals and two entities tied to cocaine smuggling and...

Costa Rica’s Tourism Sector Alarmed Over Rising Violence and U.S. Criticism

Tourism leaders in Costa Rica are warning that rising crime and international criticism could damage the country’s reputation as one of Latin America’s safest...