Approval of the extension of the period authorizing the reduction of working hours for the Tourism Sector, due to the Declaration of National Emergency. On May 21, 2021, Law 9982 went into effect allowing employers in the Tourism Sector who demonstrate that they are still economically affected by the pandemic to request the reduction of…
Tag Archives: Real Estate & Hospitality
At BLP, we believe that a revolution has begun in the way we do business. Our specialists are available to guide you through the region’s economic reactivation process. Watch our series of content below. Global Mobility & Relocation: Central America: The region of new opportunities. Learn what you need to leap into e-commerce. Occupational Health and…
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…
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…
Effects of COVID-19 and the 2018 socio-political crisis of the real estate market in Nicaragua. It is nothing new that COVID-19 came in like a hurricane in the middle of the summer. No one expected it, no one was prepared and most of the responses have been simply reactive to the situation. In Nicaragua, even…
Recently the Draft Legislation for the promotion of Touristic Marinas and Coastal Area Development, under file No. 21,990, was published in the official newspaper “La Gaceta”. This bill aims to expand the scope of the Law of Concessions and Operations of Marinas and Touristic Berths. Among the changes and novelties included, we highlight the following:…
On May 11th, 2020, the Costa Rican Tourism Board (ICT) issued a Protocol for Hospitality Activities in the Tourism Industry ICT-P-01, as a guide to be used by businesses in the hospitality sub-sector in the drafting of their own protocols, following the detailed format and instructions therein, while implementing the sanitary guidelines established by the…
Due to the coronavirus alert, the Costa Rican Ministry of Health issued on May 12th, 2020, the sixth version of the general guidelines for Commercial Condominiums, condominiums with commercial and residential spaces and Residential Condominiums (“General Guidelines for Condominiums”). The BLP Real Estate & Hospitality team shares a series of frequently asked questions directed to…