This information is relevant for every company in Guatemala that hires foreign personnel and relocates them to work in the country, as well as for any foreign national who wishes to visit Guatemala or reside in the country on a temporary or permanent basis. Likewise, the new provisions apply to both employers and individuals, covering…
Author Archives: BLP
03
Oct
Oct
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 drives its future forward with Tibi: an $800 million electric train will connect Cartago, San José, and Alajuela. The Costa Rican government officially…
Banking & Finance, Blog, Costa Rica, News
BLP advised IFC on USD 200 million financing to BAC Costa Rica for women-led MSMEs and sustainable projects
01
Oct
Oct
BLP advised the International Finance Corporation (IFC), a member of the World Bank Group, on a USD 200 million loan to BAC Costa Rica, the country’s largest private bank, aimed at strengthening its credit programs for micro, small and medium-sized enterprises (MSMEs)—particularly those led by women—and expanding investments in sustainable projects. The financing package provides…
Blog, Guatemala, News, Sanitary Registration of Products
Guatemala updates its regulation on precursors and chemical substances
29
Sep
Sep
The Ministry of Public Health and Social Assistance (MSPAS) of Guatemala has issued two key provisions that significantly amend the regulatory framework governing precursors and chemical substances. Governmental Agreement 102-2025 establishes a broader regulation with expanded obligations, applicable to any individual or entity handling these types of substances, such as acetone, caustic soda, lime, among…
Blog, Business Law, Competition & Antitrust, Costa Rica, News
BLP advises FIFCO on the sale of its food and beverage businesses to HEINEKEN
24
Sep
Sep
BLP acted as legal advisor to FIFCO in the execution of a binding agreement to sell to HEINEKEN N.V. (“HEINEKEN”) the remaining 75% equity stake in its subsidiary, Distribuidora La Florida S.A., enabling HEINEKEN to acquire its beverage, food, and retail operations in Costa Rica, Guatemala, El Salvador, and Honduras, as well as its beverage…
19
Sep
Sep
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 strengthens fiscal stability and economic outlook. Recent economic indicators highlight improved fiscal management, reduced debt levels, and a stable outlook, reinforcing investor confidence…
12
Sep
Sep
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 strengthens its international image: “Sustainability credentials consolidate us as a reliable destination.” Costa Rica’s ambassador to the OECD highlighted that the country’s growing…
12
Sep
Sep
Resolution on the Facilitation of Marketing Authorizations The Ministry of Health has established an expedited procedure for the marketing authorization and post-approval changes of medicines previously approved by WHO-listed authorities (WLA). Key aspects: Scope of application: Medicines authorized by WLAs and post-approval changes equivalent to RTCA 11.03.59:18. Exclusions: Not applicable to homeopathic medicines, radiopharmaceuticals, or…
Analysis, At BLP, Blog, Costa Rica, Dispute Resolution
The Arbitration Clause in Lease Agreements: Practical and Legal Implications of Not Excluding Eviction
11
Sep
Sep
Author Felipe Fernández Associate Costa Rica E-mail Arbitration clauses in real estate contracts have become increasingly common, primarily because of the advantages arbitration offers as an alternative dispute resolution mechanism: greater speed, confidentiality, and technical specialization of arbitrators. However, there are situations in which such a clause can be counterproductive and, instead of providing efficiency…
05
Sep
Sep
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 projects solid economic growth of 3.9% for 2025, driven by investment and exports. Costa Rica estimates economic growth of 3.9% for 2025, according…