Author Archives: blp_admin

Visa Validation for Entry to Costa Rica

Visa Validation for Entry to Costa Rica Angola Saudi Arabia Algeria Armenia Bahrain Benin Belarus Bosnia and Herzegovina Botswana Burkina Faso (Upper Volta) Burundi Bhutan Cape Verde Cambodia Cameroon Colombia* Côte D’ivoire (Ivory Coast) Comoros Chad Ecuador Egypt Gabon Gambia Georgia Ghana Guinea Guinea-Bissau (Guinea Bissau) Equatorial Guinea India Indonesia Jordan Kenya Kosovo Kuwait Lesotho…

New Regulations for the Issuance of Labor Misdemeanors Reports

It is essential for companies that submit quotations and bids for products and services to the State and its agencies to be informed that, as of Monday, March 6, new Regulations issued by the Ministry of Labor and Social Welfare will come into effect, with the following characteristics: 1. In the Registry of Absences from…

Regional Holidays Calendar 2023

Our Labor & Employment team gathers the list of mandatory and non-mandatory paid holidays applicable to all Central American countries, ideal for Human Resources teams with operations in the region. Download

Holidays in Costa Rica 2023

Listed below are the moveable national holidays for 2023 to enable employers to plan for next year: https://blplegal.com/blp-web-2021/wp-content/uploads/2022/12/Newsflash-Feriados-2023-en-CR_FB-IG-LNK-ENG-1024×1024.png At BLP we have a team that can assist you with the process. For more information contact us at [email protected] or through WhatsApp o Telegram at +506 6280 2269.

Holiday December 1, Abolition of the Army

On December 1, Costa Rica marks the Abolition of the National Army. However, law 9875 requires that from 2020 to 2024, holidays transfer to Mondays to promote internal visits and tourism. This year the holiday is celebrated on December 5. This date is a non-compulsory pay holiday. An employer with a weekly payment method (non-commercial…

BLP advises on the sale of shares of Banco Popular, S.A. in Honduras

Banco Popular S.A. is the dominant commercial banker of microcredits in Honduras. IFC, BCIE and Bamboo Capital Partners sold their shareholdings of Banco Popular to Triple Jump via ASN Microkredietfonds, Incofin, BIO Invest, and FMO. BLP, through its Honduran legal team, advised sellers and buyers on the necessary regulatory approval for the sale of shares…

Triennial increase of the IVM corresponding to year 2023

As of January 2023, contribution to the Disability, Old Age and Death regime (IVM – for its acronym in Spanish) will increase with the aid of three contributors, according to the agreement of the Board of Directors, session 9038 of June 20, 2019. With this increase, the employer, the employee, and the State will make…

Yellow and red cards and the use of VAR in the employment relationship

Alexandra Aguilar Director at BLP Costa Rica [email protected]  In a few months, the World Cup, one of the most anticipated sporting events—in our county at least–begins. As we all know, the tournament will be held in Qatar and has created much expectation, either because the National Team will be one of the protagonists or because…

BLP earns the Costa Rica Firm of the Year award from Chambers and Partners

For the ninth time (eighth consecutively), BLP has attained the Costa Rica Law Firm of the Year award, presented at the Emmanuel Luxury Venue in Miami, Florida, on October 28. The Chambers Awards recognize the eminence of law firms in regional jurisdictions. “Since its inception, BLP has stood out for strategically supporting its clients so…