Tag Archives: Costa Rica

Costa Rica: Small Country, Big Decisions

Costa Rica, a country of 51,060 square kilometers (19,714 sq. mi.) with a population of approximately 5 million, has recently appeared in the media for its achievements on the management of the COVID-19 health crisis. The fact is that Costa Rica has been doing things differently for a while, and this small country has taken…

Update: Registry of Transparency and Final Beneficiaries in Costa Rica

As previously indicated, the deadline to file the 2020 sworn statement for the Transparency and Final Beneficiaries Registry was initially moved up to September, 2020. The Tax Authorities and the Costa Rican Drug Institute, however, issued a new resolution, in light of the continuous irregular situation generated by COVID-19. This new resolution, numbered DGT-ICD-R-19-2020, ordered…

FAQ: Work shifts reductions and changes in Social Security in Costa Rica

On Saturday, March 21, 2020, the Legislative Assembly of Costa Rica approved the law that allows employers to reduce the hours and wages of workers, as a measure of relief and support in the face of the Coronavirus pandemic. The law is to give an employer the ability to cut wages and hours by 50%,…

Contract rescission of administrative contracts in the COVID-19 Pandemic.

Definition. What is contract rescission (termination)? It’s an unusual cause for contract termination. It’s caused by a variation in the agreed essential conditions which prevent contract performance, such as fortuitous event, force majeure or public interest reasons. Theses causes must be justified or proven. Termination is total. The parties dispense with the initial terms of the contract….

Resolution of the Costa Rica´s Customs Directorate on documentary and / or physical review with photocopies in Costa Rica

During the term of the State of National Emergency, the Costa Rica´s Customs Directorate authorized the documentary and physical verification of the documents and merchandise with copies, impressions or simple photocopies of the documents required by each regime and modality. Responsibility: The Auxiliaries of the Customs Public Function, importers and exporters, as indicated by law,…

Central America: The region of new opportunities.

As we face economic reactivation processes, BLP’s Global Mobility & Relocation team provides you with this series of resources on the most relevant migration aspects of Central American countries and how you can incorporate new foreign executives in the region. Immigration aspects of same-sex marriage in Costa Rica. Costa Rica: an attractive country for the…

Directorate General of Immigration modifies and extends temporary administrative measures in Costa Rica

The Directorate General of Immigration will not receive requests until December 1st, 2020: 1.  NEW LEGAL PERMANENCE REQUESTS: No new requests for legal permanence, under any immigration category, will be received until December 1st, 2020, provided that a prior appointment has been requested as of October 19, 2020. VALIDITY OF CRIMINAL RECORD CERTIFICATES,  MARRIAGE CERTIFICATES AND BIRTH CERTIFICATES: They…

BLP advises BMR Energy on Valle Escondido Solar Project in Costa Rica

The BLP team advised BMR Energy, a subsidiary of Sir Richard Branson’s Virgin Group, on closing the $7 million acquisition of the Valle Escondido Solar Project, the only solar project of its size in Costa Rica, a significant investment in the country’s renewable energy. Under the new structure, BMR Energy will assume the construction and…

Extension of the mobility restriction from April 3 to 12 in Costa Rica

From Friday, April 3 to Tuesday, April 7,  restrictions on vehicle circulation will be extended from 5:00 p.m. to 5:00 a.m. throughout the national territory (see chart below). The following exceptions apply: Long-distance public transportation covering more than 75 kilometers will be limited to two departures daily. Establishments operating with sanitary permits for direct service to the public…

Request for Extension of Workday Reduction and Suspension of Contracts in Costa Rica

In a follow-up to measures to reduce work shifts and suspend employment contracts, we remind our clients that, if the causes for which they requested the authorization of the measures due to the emergency continue, they may consider extending the period of the reduction of the work shifts or suspensions of the employment contracts. To…