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What To Know About Setting Up A Corporation in Costa Rica
Business
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Business
235 views

What To Know About Setting Up A Corporation in Costa Rica

Lic. Jorge Montero B. - February 14, 2021

For many decades people from all walks of life, regular costa ricans, expatriates and all types of investors have been asking their lawyers to establish corporations for…

Authorities received 3,128 calls over weekend reporting people violating measures
Costa Rica
5422 views
Costa Rica
5422 views

Authorities received 3,128 calls over weekend reporting people violating measures

Alejandro Zúñiga - August 18, 2020

Costa Rican authorities received 3,128 phone calls between Friday and Sunday as people reported others who were violating coronavirus measures, Public Security Minister Michael Soto said Tuesday.…

Disappointing weekend for Costa Rican businesses, despite holiday
Costa Rica
5404 views
Costa Rica
5404 views

Disappointing weekend for Costa Rican businesses, despite holiday

Alejandro Zúñiga - August 17, 2020

Despite the long holiday weekend, coronavirus-related restrictions led to "absolutely non-existent" sales at many local businesses, the Costa Rican Chamber of Commerce said. In Orange Alert zones,…

Latin America could reach 215 million impoverished people, ECLAC warns
Costa Rica
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Costa Rica
1468 views

Latin America could reach 215 million impoverished people, ECLAC warns

Oscar Ugarte Jiménez / Semanario Universidad - June 17, 2020

The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) announced Monday that poverty and extreme poverty will increase considerably in the region as a…

S&P downgrades Costa Rica to ‘B’ due to coronavirus and worsening accounts
Costa Rica
1522 views
Costa Rica
1522 views

S&P downgrades Costa Rica to ‘B’ due to coronavirus and worsening accounts

AFP and The Tico Times - June 10, 2020

The rating agency Standard & Poor's (S&P) on Tuesday downgraded Costa Rica's credit rating to "B" with a negative outlook in response to doubts about the implementation of…

Pandemic leads Moody’s to drop Costa Rica’s ratings forecast
Costa Rica
1421 views
Costa Rica
1421 views

Pandemic leads Moody’s to drop Costa Rica’s ratings forecast

Alejandro Zúñiga - June 4, 2020

Moody's Investor Services, a United States-based financial company, changed its outlook on Costa Rica's ratings from stable to negative. The move comes months after the company downgraded Costa…

LATAM, Latin America’s largest airline, files for bankruptcy in US
Airlines
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Airlines
708 views

LATAM, Latin America’s largest airline, files for bankruptcy in US

Miguel SANCHEZ / AFP - May 27, 2020

Shares in Latin America's largest airline plunged on the New York and Santiago stock exchanges on Tuesday after LATAM filed for bankruptcy in the US. LATAM has…

Costa Rica registers inflation of 0.29% in February
Costa Rica
1050 views
Costa Rica
1050 views

Costa Rica registers inflation of 0.29% in February

AFP and The Tico Times - March 6, 2020

Costa Rica recorded an inflation of 0.29% in February, higher than the 0.11% figure in January. Still, the accumulated total over the last 12 months remained below…

Global Entry: Costa Ricans could soon apply for a fast pass through US customs
Business
5189 views
Business
5189 views

Global Entry: Costa Ricans could soon apply for a fast pass through US customs

The Tico Times - March 4, 2020

Costa Rica could soon join the short list of countries whose citizens can apply for customs and immigration pre-approval for low-risk travelers to the United States. If…

Deficit leads Moody’s to downgrade Costa Rica’s credit rating
Costa Rica
1288 views
Costa Rica
1288 views

Deficit leads Moody’s to downgrade Costa Rica’s credit rating

Alejandro Zúñiga - February 13, 2020

Moody's Investor Services, a United States-based financial company, downgraded the Government of Costa Rica's long-term bond credit ratings to B2 from B1, it announced this week in…