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Costa Rica President Proposes Exploring Oil Reserves, Sparking Debate

President Rodrigo Chaves has advocated for exploring the country’s potential oil and gas reserves, estimating they could be valued at up to $400 billion....

Costa Rica Environment: 1 Step Forward, 2 Steps Back in Ocean Management

Just when we think maybe things might change for the better in Ocean management the sport fishing sector is about to receive another punch...

Costa Rican gold miners receive three month prison sentence for mining in nat’l park

The men were caught last Friday inside Corcovado National Park at the Osa Peninsula.
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A Proposed 15% Tax Would Reach Costa Rica Residents’ Foreign Dividends and Interest

Costa Rica residents who earn interest, dividends, rent or capital gains outside the country would pay a 15% tax on that income under a...

Local Elections Drove Costa Rica’s CPTPP Reversal, Sources Say

Concerns about the 2028 municipal elections helped drive Costa Rica's decision to abandon its bid to join the Comprehensive and Progressive Agreement for Trans-Pacific...

Your $1,000 Now Buys 46,810 Fewer Colones Than in January

The US dollar slipped again in Costa Rica this week, leaving anyone who earns in dollars and spends in colones with noticeably less buying...

5,000 Shareholders, No Dividends and a Court Order for Hospital CIMA’s Top Executive

A civil court in San José has ordered Clifton Neal Orme, the legal representative of Hospital CIMA, to appear in person and testify in...