Key aspects of a real estate transaction in Costa Rica
We believe it is important to give you a brief overview of the Costa Rican legal frameworks related to the transaction you’re planning. Our regulations mandate several preparatory and subsequent steps to successfully conclude a property purchase.
Read MoreNavigating Costa Rica’s Registry Systems: What every property owner needs to know.
What we got here is a failure to communicate…
Read MoreThe mandatory use of masks return.
As of this Monday, October 17 and until October 31, the mandatory use of the mask will be restored, in accordance with the provisions of Executive Decree DM-RM-6661-2022 by the Ministry of Health.
Read MoreCoronavirus (COVID-19) and Labor law
Article 83 of the Costa Rican Labor Code states that an employee can terminate a labor relationship, with employer’s liability, if his or her employer does not comply with the prevention measures required to protect the health of its employees.
Read MoreFACTA: What is it and what U.S. taxpayers need to know.
The Foreign Account Tax Compliance Act (FATCA), enacted by the U.S. government in 2010, is part of the U.S. efforts to combat tax evasion by U.S. taxpayers holding investments in offshore accounts. FATCA is not a tax, but rather a reporting obligation. Its purpose is to require U.S. taxpayers holding assets in foreign corporations to report that ownership.
Read MoreEmployment tips for christmas and new year’s holidays
The end of the year 2019 is approaching and the employers have a series of labor obligations to fulfill. Here are some relevant legal recommendations for your company.
Read MoreRegistry of Transparency and Final Beneficiaries
Costa Rica has implemented in its legislation, a new law to fight against the legitimization of capital. This law is called “Law to improve the fight against tax fraud”, n ° 9416, within which one of the main innovations is the implementation of the “Registry of transparency and final beneficiaries”.
Read MoreTele-Work
The technological evolution has encourage the implementation around world of different ways to work. The physical presence of employees in a company is not necessary for the purpose of maintaining a valid employment contract, but through the so-called “teleworking” thousands of employees provide their services remotely, outside the company’s facilities.
Read MoreThe permanent tourist: A violation to the Costa Rica immigration law
Upon their arrival to Costa Rican soil, foreign citizens are granted a non-resident visa, which allows them to enter Costa Rica and stay as a tourist or business person.
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