Staff Writer Great News for Digital Nomads “Law 10008 to attract remote workers and providers of international services” may not sound exciting, but it’s great news for digital nomads who want to live and work in Costa Rica.  Imagine swaying in a hammock or lounging by a pool while reviewing your notes from work.  Or picture yourself admiring the amazing ocean view or lush tropical vegetation from the comfort of your home-based office.  Costa Rica’s new digital nomad visa is making that vision a reality for many.     What is the Digital Nomad Visa? Entry requirem ..read more

Contributed   The rule to implement Law N°9996 for the "Attraction of Investors, Residents, and Retirees," which establishes the procedures and specifications for submitting an application for this new law in Costa Rica, was published in La Gaceta #34 on February 23. Most significant amendments to Law 8764:   1. Residence as Investors: The investment amount was lowered to a minimum investment of $150,000.00, which might be made in real estate, shares, drivable vehicles, productive initiatives, projects of national interest, or sustainable infrastructure ..read more

Staff Writer In this blog post we will explore everything related to how foreclosed homes are brought to auction, the foreclosure process, how they are advertised, and whether there are deals to be had or not. What is the definition of a foreclosed property in Costa Rica? As in most countries, a foreclosed property in Costa Rica is a property that has been repossessed by a bank, or other lending institution, due to the buyer being in default. Lenders, such as mortgage lenders and banks, follow a complex series of procedures related to the Costa Rica foreclosure process to get the property to ..read more

Contributed Human emissions of heat-trapping greenhouse gases have caused climate change. The widespread effects on the environment include the shrinking of glaciers, the shifting of plant and animal geographic ranges, and the premature blooming of trees. The sea level is rising at an accelerated pace, and heat waves are more intense. The general warming of the planet has fueled life-threatening weather throughout the world. Wildfires are more frequent, periods of drought are longer, and the intensity of tropical storms has increased. How has Costa Rica fared? What signs of climate change ca ..read more

Contributed Is Marijuana Legal in Costa Rica? In 2013, Uruguay became the first country in the world to legalize marijuana for recreational use. Canada followed suit in 2018, and Mexico joined the party in March 2021. The United States allows each of its 50 states to decide, and 19 have legalized cannabis though some restrict its use to medical purposes. Where does Costa Rica stand on the issue? Is marijuana legal in Costa Rica either for therapeutic or recreational use? Costa Rica Legalizes Therapeutic Cannabis After three years of debate, Costa Rica’s National Assembly approved a bill that ..read more

Contributed July 6, 2022 - Article provided by Cordero & Cordero Abogados The law to promote the attraction of workers and service providers that are carried out remotely, also known as "Digital Nomads Law", was published since July 2021, but the regulation to implement it was formally signed by the President of Costa Rica July 4th, 2022. The law authorizes a new migratory category of non-resident, subcategory of "estancia", called "fifth estancia" and is for Workers or Remote Service Provider. The requirements include: Proof that the person receives a stable monthly remuneration, for ..read more

Isabelle Emond July 2022 - Our beautiful and local Playa Conchal was ranked as the best beach in the world by Big 7 Travel in its annual publication "The 50 Best Beaches in the World"! Wow, that's something! But we knew, it always has been a secret amongst us living here and visitors coming back year after year. Costa Rica’s beaches are without any doubts precious, and considered the jewels of the country.  Playa Conchal is a little piece of heaven on the Pacific coast of Costa Rica, partly accessible through the luxury gated community of Reserva Conchal, a 2,600 acre property ..read more

Contributed Cryptocurrency in Costa Rica - What’s Happening?/bitcoins-and-real-estate-costa-rica Cryptocurrency is always in the news. Whether its value is rocketing skyward or plummeting downward, people are talking about it. Even governments take a stand on crypto. Two have adopted it as their official currency, and others are definitely against its use. Where does Costa Rica stand on crypto? What’s going on in other Central American countries?  What are Cryptocurrencies? Cryptocurrencies are digital currencies that are traded electronically. They are decentralized, that is, they are n ..read more

Contributed On May 8, 2022, Rodrigo Chaves was sworn in as the 49th president of Costa Rica. He defeated rival Jose Maria Figueres, who was president from 1994 to 1998, in a tightly contested runoff election. What did Chaves promise during his campaign? What changes could occur in Costa Rica during his 4-year term?  The Economy Chaves is an economist who worked in the World Bank for three decades. His only public office experience was the six months he served as Costa Rica’s finance minister in the previous administration, but he left the position due to differences with then - pres ..read more

Staff Writer   Whether you're ready to move to Costa Rica tomorrow or are just mildly curious about the tropical lifestyle, it's helpful to have accurate information about the cost of living, healthcare, residency requirements, culture, safety, and a multitude of other subjects.  Check these FAQs to gain a clearer picture of moving to Costa Rica.   What's the cost of living in Costa Rica?   While the cost of living in Costa Rica is higher than in other Central American countries, that additional cost buys you a better lifestyle: superior healthcare, a more modern infrastr ..read more