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…
Category Archives: Blog
Analysis, Blog
How to invest in properties in Honduras? – A FAQ guide to buying your second home in Central America.
14
Jan
Jan
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…
16
Dec
Dec
HONDURAS: APPROVED REGULATIONS PRESIDENTIAL HOUSE – REPUBLIC OF HONDURAS NATIONAL RISK MANAGEMENT SYSTEM (SINAGER) MINISTRY OF HEALTH EXECUTIVE DECREES LEGISLATIVE DECREES IMMIGRATION NATIONAL INSTITUTE NATIONAL BANK AND INSURANCE COMMISSION (CNBS) JUDICIAL POWER OF HONDURAS MINISTRY OF GOVERNMENT AND JUSTICE SECRETARY OF STATE IN THE GOVERNMENT AND JUSTICE OFFICES SECRETARY FOR ECONOMIC DEVELOPMENT HONDURAS NATIONAL POLICE RENT…
16
Dec
Dec
NICARAGUA: APPROVED REGULATION MINISTRY OF LABOR / FREE TRADE ZONES COMISSION MINISTRY OF HEALTH / NATIONAL INSTITUTE OF CIVIL AERONAUTICS (INAC) SUPERINTENDENCY OF BANKS AND OTHER FINANCIAL INSTITUTIONS (SIBOF) NATIONAL MICROFINANCE COMMISSION (CONAMI) NICARAGUA: APPROVED REGULATION MINISTRY OF LABOR / FREE TRADE ZONES COMISSION Tripartite Labor Agreement to Address the National Emergency (March 24, 2020) –…
16
Dec
Dec
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 …
16
Dec
Dec
EL SALVADOR: APPROVED REGULATION LEGISLATIVE ASSEMBLY EXECUTIVE BRANCH JUDICIAL BRANCH EL SALVADOR: REGULATION TO BE APPROVED LEGISLATIVE ASSEMBLY LEGISLATIVE ASSEMBLY Legislative Decree No. 593 dated March 14, 2020- Declaration of National Emergency No worker who is quarantined by COVID-19, ordered by the competent health authority, nor those who are unable to return to the…
16
Dec
Dec
COSTA RICA: APPROVED REGULATION PRESIDENTIAL HOUSE LEGISLATIVE ASSEMBLY MINISTRY OF HEALTH AND CCSS (COSTA RICAN AUTHORITY ON HEALTH AND SOCIAL SECURITY) INS (NATIONAL INSURANCE INSTITUTE) MINISTRY OF LABOR (MTSS) TREASURY CUSTOMS COSTA RICAN INSTITUTE OF ELECTRICITY JUDICIAL AUTHORITY CENTRAL BANK, FINANCIAL SYSTEM SUPERVISORY NATIONAL BOARD (“CONASSIF” for its acronym in Spanish) AND SUPERINTENDENCIES MINISTRY OF…
16
Dec
Dec
The observance of New Year’s Day on January 1 is regulated throughout the region as follows: Costa Rica: Under Article 148 of the Labor Code, January 1 is declared a compulsory payment holiday. An employer who has a weekly payment method (non-commercial activity), in which only the days worked are compensated must add the payment…
15
Dec
Dec
On Friday, December 25, Central America observes the feast of the nativity of Jesus Christ, which entails the enjoyment of a holiday regulated in the region as follows: Guatemala: The holiday is a mandatory pay date, applicable to 12 hours on December 24 and all day on December 25. An employee who works from noon…
At BLP, Blog
Costa Rica Tax Administration updates Income Tax amounts and tax credits from January 1st, 2021.
09
Dec
Dec
By Decree, the Tax Administration updated the income tax amounts and credits for: dependent personal work, retirement or pension, or other remunerations; legal entities; and natural persons with lucrative activities, as detailed below: Income Tax for dependent personal work, retirement or pension, or other remunerations (salary tax) Amount Tax Up to ¢842.000,00 Exempt Over the…