Author Archives: BLP

Newsflash: Key Labor Law Considerations in the Context of Costa Rica’s 2026 Presidential Elections

On Sunday, February 1, 2026, Costa Rica will hold its Presidential Elections, a civic event that reinforces the country’s longstanding commitment to democracy, citizen participation, and institutional strength, reflecting the values of peace, respect, and the strengthening of the Rule of Law that characterize the Costa Rican nation. In connection with this electoral process, it…

Newsflash: New Notification Regulations at the Intellectual Property Registry

Internal Agreement 01-2026, issued by the Registry of Intellectual Property (RPI) on January 8, 2026, regulates the use of notifications through the Official Bulletin of the Intellectual Property Registry (BORPI) as a supplementary mechanism in administrative intellectual property procedures. This agreement seeks to address a recurring issue in the processing of files: the impossibility of…

Key Reforms to the Free Trade Zones Law and New Reinvestment Incentives in El Salvador

On December 23, 2025, Legislative Decree No. 493 was issued, introducing reforms to the Industrial and Commercial Free Trade Zones Law (the “Law”). The purpose of these amendments is to update the incentive regime, promote reinvestment and employment, and provide greater operational flexibility to Developers, Free Trade Zone Users, and Active Inward Processing Warehouses (“DPA”)….

Costa Rica and the New Global Migration of Wealth

Global Wealth Migration and Costa Rica’s Strategic Opportunity The world is undergoing a profound transformation: never before have so many high-net-worth individuals (HNWIs) chosen to live outside their countries of origin. It is no longer just corporate executives relocated by their employers, but entrepreneurs, investors, mobile professionals, and multinational families who decide where to live…

Business Law Perspectives – January 16–22, 2026 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 a glance. Costa Rica Economic Outlook 2026: Inflation, Interest Rates, and Exchange Rate Analysts foresee relative economic stability, with inflation expected to remain within the Central Bank’s target range. Interest rates…

BLP Advises Signature Aviation on the Development of a New Executive Aviation Terminal in Guanacaste

BLP advised Signature Aviation, the world’s leading network of private aviation terminals, on its participation in the process for the design, construction, and operation of a new general and business aviation terminal at Daniel Oduber Quirós International Airport (Guanacaste Airport) in Liberia, Costa Rica. The firm’s advisory role included the preparation and submission of the…

BLP Advises Bancolombia and Banco Agrícola on Solar Power Plant Financing

BLP advised Bancolombia, in its role as structuring bank, and Banco Agrícola, as both structuring bank and lender, on a project finance transaction of approximately US$46 million granted to Renovatio Solar, S.A. de C.V., an AES subsidiary, for the development and construction of a solar power plant with a capacity of up to 55 nominal…

New Minimum Wage in Guatemala: Employer Obligations as of January 2026

The Government of Guatemala, through Governmental Agreement No. 256-2025, approved an increase to the minimum wage, which entered into force on January 1, 2026, and is mandatory for all employers as of that date. The adjustment applies to all economic activities, with differentiated increases by sector: 5.5%: Agricultural 7.5%: Non-agricultural 4%: Export and maquila As…

BLP advises ResponsAbility AG on US$10 million financing to CoopeAnde

BLP advised ResponsAbility AG on a US$10 million credit facility granted to CoopeAnde for the expansion of its SME loan portfolio. BLP advised ResponsAbility AG, a global impact asset manager, in connection with a direct loan in the amount of US$10 million granted to CoopeAnde, aimed at supporting the growth of its small and medium-sized…