QCOSTARICA Costa Rica will end the year in a very positive way. Interannual inflation will be negative, the dollar exchange rate will show a downward trend that will benefit thousands of debtors, and unemployment will remain close to 7%. However, the most notable thing is that the good prospects at the end of the…
QCOSTARICA A new boost to foreign investment and employment, the elimination of uncertainty over the dollar exchange rate, thus favoring businesses and debtors, and the certainty that the State would not manipulate interest rates to keep down the inflation, would be some of the advantages for the Costa Rican economy if the country decides…
QCOSTARICA Costa Rica recently extended the maximum stay from 90 to 180 days for tourists from a group of 60 countries. This went into effect last week, following the reform to the Reglamento para el Otorgamiento de Visas de Ingreso a Costa Rica (Regulation for the Granting of Entry Visas to Costa Rica) of…
Q COSTA RICA - The concept of tourist insecurity could cause a division between security for nationals and for foreigners, which makes it difficult to comprehensively address the issue of security throughout the country, according to the Instituto Costarricense de Turismo (ICT) - Costa Rican Tourism Board. This was made clear by William Rodríguez, Minister…
Q COSTA RICA - Since July 1, tourists have had to pay more for services since the Impuesto del Valor agregado (IVA) - Value Added Tax (VAT) - went up from 8% to 13%, according to the Plan Fiscal . This means consumers will have to shell out more money, which has the tourism industry…