Category Archives: Analysis

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…

Image Rights, Digital Content, and the Legal Protection of Content Creators in Honduras

Paola Zavala – Associate, Honduras Today, content creators play a significant role within the digital and commercial environment, raising important questions regarding the legal protection of their image, their creations, and the responsibilities they assume when publishing content on digital platforms. Under Honduran law, these issues may be analyzed in light of the Constitution of…

Good Faith: The Silent Pillar of Arbitration

Carolina Diab – Special Counsel, Guatemala In arbitration—as in life—not everything is written. Beyond rules, deadlines, and formalities, there exists a principle that silently upholds the legitimacy of the process: good faith. It is not always mentioned and is rarely expressly regulated, yet when it is absent, arbitration suffers and loses its essence. Revisiting this…

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…

Regulating New Technologies in Central America: Follow Global Trends or Reinvent the Wheel?

León WeinstokDirector, Costa RicaE-mail The rapid pace of technological development in recent years has challenged the ability of countries to adapt their regulatory frameworks quickly and effectively. In Central America, this tension is particularly pronounced, given the structural lag in innovation, digital infrastructure, and technology governance. The region faces a crucial dilemma: should it adopt…

The Arbitration Clause in Lease Agreements: Practical and Legal Implications of Not Excluding Eviction

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…

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…

ATENA System: A Step Forward in Costa Rica’s Customs Modernization

The Superintendency of Tax Administration (SAT) of Guatemala has introduced new provisions aimed at strengthening tax compliance and improving control mechanisms within the country. These measures include updates to reporting obligations, adjustments to existing procedures, and the implementation of new digital tools designed to facilitate interaction between taxpayers and the tax authority. The changes are…

New Companies in Costa Rica Will No Longer Have a Legal Name in Their Corporate Title

As of May 2025, a reform to Costa Rica’s Commercial Code has come into effect, eliminating the requirement for legal names (corporate name or trade name) for corporations (S.A.) and limited liability companies (S.R.L.). Under this reform, newly incorporated companies will be identified solely by their corporate identification number (cédula jurídica), which is automatically assigned…