Preventing and Solving Problems for Expats in Costa Rica
Exclusive to A.M. Costa Rica Yesterday started a new era in Costa Rica, a new time when all privacy using an anonymous corporation was no more. In the good old days, a company, called a sociedad anonima, an anonymous society in English, S.A. … [Continue reading]
Exclusive to A.M. Costa Rica The Costa Rican government will require full disclosure starting next month of everyone’s secrets hidden in companies. Unless the powers-that-be change their minds again, full registration of all legal entities in … [Continue reading]
Exclusive to A.M. Costa Rica As of today, selling assets like real estate will be more expensive in Costa Rica. For years, people have enjoyed a capital gains free country. Many who bought property over the years, did so without too much … [Continue reading]
Exclusive to A.M. Costa Rica "Round and round it goes, where it stops, nobody knows." Does that quote refer to a roulette table or to Costa Rica's tax Law 9635? Apparently, to the latter. The country's decision-makers cannot make up their minds … [Continue reading]
Exclusive to A.M. Costa Rica Most expats now should know everyone with a Costa Rican company of any type will be required to file an income tax return this year. What many do not know is that they will have to submit two within three months of … [Continue reading]
Exclusive to A.M. Costa Rica One has to wonder if the powers that make the tax laws in Costa Rica think about the logistics of enforcing them. Another interesting question is whether or not the government cares anymore about all the people who … [Continue reading]
Exclusive to A.M. Costa Rica The tax news coming out of the government for the last several months is complicated and confusing. Most people do not understand what is going on. Ticos do not comprehend the technical verbiage of the laws. Most … [Continue reading]