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…
Category Archives: Business Law
Blog, Business Law, El Salvador, Energy & Infrastructure, News
Law for the promotion of renewable energy use
11
Nov
Nov
Strategic Opportunity for Clean Energy Investment in El Salvador On October 21, 2025, the Legislative Assembly of the Republic of El Salvador passed the Law for the Promotion of Renewable Energy Use (LFUER), a landmark initiative aimed at accelerating the country’s energy transition and positioning El Salvador as a competitive destination for sustainable investment. This…
Blog, Business Law, Costa Rica, Labor & Employment, News, Tax, Telecommunications, Media & Technology
BLP asesoró a IFX en la adquisición de Gold Data
03
Nov
Nov
BLP asesoró a IFX en la adquisición de Gold Data en Costa Rica, una empresa de tecnología especializada en infraestructura de telecomunicaciones que proporciona conectividad directa de alta calidad en toda América y el Caribe. Esta transacción permite a IFX complementar su portafolio de servicios de Data Centers, Cloud, Seguridad y Servicios de Valor Agregado…
Blog, Business Law, El Salvador, News, Tax
Special and transitory law granting facilities for the voluntary compliance of tax, customs, traffic, and other penalties
27
Oct
Oct
On October 16, 2025, Legislative Decree No. 427 was published in the Official Gazette, enacting the Special and Transitory Law Granting Facilities for the Voluntary Compliance of Tax, Customs, Traffic, and Other Penalties (the “Tax Amnesty Law” or the “Law”). This regulation was approved by the Legislative Assembly to promote the voluntary regularization of debts…
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…
Analysis, At BLP, Blog, Business Law, Costa Rica, Intellectual Property
New Companies in Costa Rica Will No Longer Have a Legal Name in Their Corporate Title
23
Jul
Jul
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…
Blog, Business Law, Costa Rica, Environmental, Social and Governance (ESG), Labor & Employment, News, Real Estate & Hospitality, Tax
BLP advises on the acquisition of the iconic Tabacón Thermal Resort & Spa in Costa Rica
11
Jul
Jul
BLP advised the shareholders of Inversiones Turísticas Arenal S.A., owner of the renowned Tabacón Thermal Resort & Spa located in La Fortuna, Alajuela, on the sale of 100% of the company’s shares to Pursuit Attractions and Hospitality, Inc. This transaction marks the entry of a new institutional player into Costa Rica’s tourism sector, reinforcing confidence…
Banking & Finance, Blog, Business Law, Costa Rica, Cybersecurity & Data Protection, Environment, Health & Safety, Intellectual Property, Labor & Employment, News
BLP advised IFX on the acquisition of Luminet
23
Jun
Jun
BLP advised IFX Networks on the acquisition of Luminet, also known as CRISP (Costa Rica Internet Service Provider S.A.), a Costa Rican company specializing in internet services and fiber optic connectivity, with more than 15 years of experience in the development and implementation of telecommunications projects. This transaction allows IFX to strengthen its position in…
Analysis, At BLP, Blog, Business Law, Costa Rica
The Importance of Due Diligence in a Successful Purchase and Sale Agreement
18
Jun
Jun
https://blplegal.com/wp-content/uploads/2025/06/La-importancia-del-DD_FOTO-Aurora-Solis.jpg Aurora Solís Senior Associate Costa Rica E-mail What is due diligence, and why does it matter? As a purchase and sale transaction approaches closing—whether involving a company, real estate, or other valuable asset—it is natural for the parties to want to finalize it quickly. However, in the rush to sign, a fundamental step is…
At BLP, Banking & Finance, Blog, Business Law, Costa Rica, El Salvador, Environmental, Social and Governance (ESG), Guatemala, Honduras, Nicaragua
BLP Wins Four IFLR Americas Awards 2025 for Legal Innovation and Sustainability in Latin America
15
May
May
On May 14, at the Met Club in New York City, more than 100 attendees gathered to celebrate the most innovative legal deals, outstanding teams and firms, and influential individuals of the past year at the IFLR Americas Awards 2025. BLP’s exceptional performance earned four prominent awards: Deal of the Year: Debt and Equity Linked…