Author Archives: BLP

Business Law Perspectives – February 13 to 19, 2026

BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at a glance. Costa Rica Costa Rica opens an investment promotion office in Silicon Valley Costa Rica established an Investment Promotion Office in Silicon Valley to attract projects in high-value sectors such…

Selling the Investment Too Early: A Mistake That Can Cost You Residency

Marco Abellán – Director, Costa Rica One of the most critical—and frequently misunderstood—rules in Costa Rica’s immigration system is the obligation to maintain the qualifying investment until permanent residency is formally granted. Unfortunately, this is an area where poor or informal advice often leads to serious legal consequences. Under Costa Rican immigration law, investor residency…

BLP Wins Two LatinFinance 2025 Awards for Infrastructure Leadership in Central America

San José, October 2, 2025. Recognized for Legal Excellence and Transformative Project Structuring in the Region BLP has received two prestigious awards from the 2025 LatinFinance Project & Infrastructure Finance Awards: Infrastructure Law Firm of the Year – Central America Infrastructure Financing of the Year – Central America, for the San Cristóbal Green Academics and…

Business Law Perspectives – September 20–26, 2025 Edition

BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Costa Rica moves up a notch: Moody’s upgrades the country’s credit rating to Ba2 due to solid fiscal management. Moody’s has upgraded Costa Rica’s sovereign…

New CGR criteria on contingency costs: what public bidders need to know

In July 2025, the Comptroller General of the Republic (CGR) issued resolution R-DCP-SICOP-01324-2025, introducing a change in its criteria regarding the contingency costs included in the price structure of public contracts. According to the CGR, and in line with Articles 42 and 102 of the General Regulations to the Public Procurement Law (RLGCP), the price…

The Expert Committee in Major Public Works Tenders

Author Francisco Obando Director Costa Rica E-mail If you are planning to participate as a bidder in a major public works tender (such as highways, aqueducts, public buildings, ports, etc.), note that the Public Procurement Law (LGCP) requires the mandatory establishment of an Expert Committee as part of the dispute resolution mechanisms during contract execution….

Global Entry and Its Impact on the International Mobility of Costa Ricans

Author Natalia Solórzano Associate Costa Rica E-mail Global Entry and Its Impact on the International Mobility of Costa Ricans Costa Rica’s recent inclusion in the Global Entry program marks a significant shift in the dynamics of international mobility between the two countries. This agreement not only streamlines the entry process for frequent travelers to the…

ILO Convention 190 on Violence and Harassment at Work Is Approved

The Legislative Assembly has approved, in a second debate, Convention 190 of the International Labour Organization (ILO), the first international treaty that recognizes the right of every person to a work environment free from violence and harassment, including behaviors motivated by gender. By ratifying the convention, the country commits internationally to adopt legislation requiring employers…