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…
Tag Archives: 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…
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…
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…
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…
Article 9bis of the Income Tax Law determined the maximum deducibility limit for non-bank interest, which is 20% of the profit before interest, taxes, depreciation, and amortization (EBITDA). Likewise, this article established that the Treasury has to regulate the procedure for the taxpayer to apply a different limit for the deductibility of net interest expense…
Weekdays: Restrictions applicable Monday to Friday from 5:00 am to 7:00 pm (with exceptions – see attached communication): Monday – Vehicles with a license plate or AGV permit ending in 1 and 2 do not circulate. Tuesday – Vehicles with a plate or AGV permit ending in 3 and 4 do not circulate. Wednesday – Vehicles…
Moratorium on sanctions is established for 3 months. The fines that were suspended amount to 2% of gross income of the previous fiscal year, with a minimum of 3 base salaries and a limit of 100 base salaries. On January 29, 2020, the plenary of the Legislative Assembly approved a moratorium for the application of…
New rules were established for the letter of exception to the sanitary vehicle restriction*: As of August 1, all letters of exception to the restriction of sanitary vehicles must be re-issued, indicating the new date on which they were written. These letters will be valid for two months, starting from their date of issue. Such…
For reasons of force majeure, or public interest, the Public Administration can declare the suspension of a contract (article 210 of the Public Contracting Regulations), the suspension of the contract’s term (207 of the Public Contracting Regulations) or even revoke the contract (article 11 of the Public Contracting Law and article 214 of its Regulations,…