As you might have heard during the weekend, the Banco de Costa Rica has been under the spotlight due to a cyber-attack on more the 5 million of transactions, which has been granted by the hacker Maze Team, so we would like to provide a summary and quick guide on
Decree 42374-MGP-S extending the closure of our borders until June 30th, 2020 was published on May 31st, 2020. The Decree simply states that Costa Rican borders are closed until June 30th, 2020. The date may be extended if Authorities deem it necessary. Until our borders reopen, only Residents and people
This an update of the general guidelines issued by the Department of Health for condominiums in response of the COVID 19 pandemic. This is applicable to both commercial and residential condominiums. This is the sixth version of the guidelines issued on May 12th, 2020. The following text is an extract
Recently, Costa Rica was invited to join the Organization for Economic Cooperation and Development or OECD. The Costa Rican population celebrated this milestone, but what does it really mean? What advantages are there for CR to join the organization? And how will this affect the economic opportunities for the country
During the past few weeks, many people have reached out to us to ask if they would be eligible to enter the country, even if they do not meet the…
Who do we contract to see if we can enter based for a humanitarian reason. We own a home In Nosara that has just been finished and we need to…
Billy, Thank you for your comments! We are happy to help! Please let us know if we can further assist you. Best regards, Jeffrey Zamora Attorney-at-Law
Thanks for your efforts.
Andrew, Thanks for your question! Yes, when you dissolve a compnay with assets you must pay the transfer tax. If you do not sell the property immediately, transfer taxes must…