Category Archives: Blog

Regulatory Updates – September 2025

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…

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…

Business Law Perspectives – August 30 to September 5, 2025 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 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…

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…

Business Law Perspectives – August 23-29, 2025 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 just a click away. Costa Rica Costa Rica adjusts its fiscal strategy: The Ministry of Finance and the Central Bank are reviewing the 2025 financing plan to ensure macroeconomic stability and…

Business Law Perspectives – August 15-22, 2025 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 just a click away. Costa Rica Economic growth outlook: Costa Rica is expected to be one of the fastest-growing economies in Latin America in 2025, with a projected 3.6% growth rate….

ILO Convention 190 on Violence and Harassment at Work Is Approved

The Legislative Assembly has approved, in a second debate, Convention 190 of the International Labour Organization (ILO), the first international treaty that recognizes the right of every person to a work environment free from violence and harassment, including behaviors motivated by gender. By ratifying the convention, the country commits internationally to adopt legislation requiring employers…

Immigration Update in Costa Rica: Companies Must Be Compliant with CCSS and Ministry of Finance Requirements

The General Directorate of Immigration and Foreign Affairs (DGME) in Costa Rica has introduced new requirements that impact the approval and renewal of various immigration categories, including residence permits, work authorizations, and similar applications. Effective immediately, any company sponsoring an immigration application must demonstrate full compliance with: Costa Rica’s Social Security Administration (CCSS) The Ministry…

Business Law Perspectives – August 8-14, 2025 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 just a click away. Costa Rica CPTPP negotiations: Costa Rica advances in its accession process after a successful third round in Malaysia. Read more ICT sector growth: Companies show strong potential…