Reduction in the payment of the “Marchamo” has been approved this night in Congress. Vehicles must meet certain criteria. Please continue reading to see if yours qualify:

50% Off benefit applies for vehicles of regular categories with a tax value of fewer than seven million colones (approx 11,500 USD.00) and light cargo with a tax value of fewer than fifteen million colones (approx 35,000 USD.00), and all vehicles of the categories heavy cargo, vans, and buses, tourism and public service.

25% Off benefit applies for vehicles of regular categories and light cargo with a tax value greater than seven million colones (approx $11,600 USD.00), and less than ten million colones (approx $16,600.00 USD).

15% Off benefit applies to vehicles of regular and light categories with a tax value greater than ten million colones (approx $16,600 USD.00), and less than fifteen million colones (approx $25,000.00 USD).

Ships, vessels, and aircrafts must pay the percentage corresponding to one hundred percent of the tax for the year 2021.

Motorcycles with a tax value of fewer than one million colones (approx 1,600 USD.00) are exempted from paying the value-added tax regulated by the Law 9635, in the payment of the Marchamo 2021.