Author Archives: blp_admin

Anticorrupción en la Región: El Departamento de Justicia de los Estados Unidos se enfoca en Centroamérica

The US Department of Justice announced on June 7, 2021, an initiative focused on fighting corruption and other criminal activity in Central America, which will be centered for the time being on the Northern Triangle countries of El Salvador, Honduras, and Guatemala. The press release announcing the initiative said the efforts will feed into its…

Extension of the reduction of working hours for the tourism sector of Costa Rica

Approval of the extension of the period authorizing the reduction of working hours for the Tourism Sector, due to the Declaration of National Emergency. On May 21, 2021, Law 9982 went into effect allowing employers in the Tourism Sector who demonstrate that they are still economically affected by the pandemic to request the reduction of…

BLP advises on the largest placement of green bonds by a 100% renewable energy company in Central America and the Caribbean

The BLP Costa Rica team advised Citigroup Global Markets Inc. and J.P. Morgan Securities LLC on the issuance by Investment Energy Resources Limited of $700 million in Secured Notes with a Fixed Rate of 6.250% maturing in 2029. The firm also advised Banco Latinoamericano de Comercio Exterior, SA, Banco Industrial, SA, Westrust Bank (International) Limited,…

BLP Business Hub

At BLP, we believe that a revolution has begun in the way we do business. Our specialists are available to guide you through the region’s economic reactivation process. Watch our series of content below. Global Mobility & Relocation: Central America: The region of new opportunities. Learn what you need to leap into e-commerce. Occupational Health and…

BLP advised IDB Invest in the financing of the first Floating Storage and Regasification Unit (FSRU) in El Salvador.

The project involves the purchase and conversion of a liquified natural gas (“LNG”) carrier to a Floating Storage and Regasification Unit (“FSRU”). The FSRU will be permanently moored at the port of Acajutla in Sonsonate, El Salvador, to provide liquified natural gas regasification services to Energia del Pacifico Limitada de C.V. (“EDP”), a 378-megawatt combined…

BLP celebrates International Data Privacy Day by fostering an awareness of our personal information

Today, January 28, we observe the signing of the 108th Convention of the Council of Europe, the first international instrument on the protection of privacy and personal information, by analyzing the actions companies in Costa Rica should take in order to comply with the provisions of the Law on Personal Protection against the Processing of…

Central America: an alternative to live and invest

The uncertainty generated by the current situation has led companies and investors to rethink their options on how and where to operate. With this in mind, our Real Estate & Hospitality team shows the different options and advantages that Central America offers, using the case of Costa Rica as an example, a country that stands…

How to invest in properties in Honduras? – A FAQ guide to buying your second home in Central America.

Honduras has been considered for many years as a paradise in the middle of Central America. Its location in the center of the continent, the high investment in roads, and numerous airports allow efficient transportation to and throughout the country, with easy access to islands, beaches, mountains, traditional towns, cities, and much more. The low…

Normative provisions based on COVID-19 in Guatemala

APPROVED LEGISLATION AND PROVISIONS EXECUTIVE BODY PROVISIONS OF THE PRESIDENT OF THE REPUBLIC OF GUATEMALA          PROVISIONS OF THE MINISTRY OF PUBLIC HEALTH   PROVISIONS OF THE MINISTRY OF ECONOMY         PROVISIONS OF THE GOVERNMENT MINISTRY PROVISIONS OF THE GENERAL REGISTRY OF PROPERTY  PROVISIONS OF THE TELECOMMUNICATIONS SUPERINTENDENCY PROVISIONS OF THE MINISTRY OF LABOR   …