..Also, it specified that if green areas or parks from the common areas are going to be reduced or eliminated, this decision needs unanimous approval from the HOA...
The CR Congress, "Asamblea Legislativa," approved a law that modifies section 27 in the "Ley Reguladora de la Propiedad en Condominio"
Unlike in some other countries, anyone can buy real property in Costa Rica. The buyer is not required to have CR citizenship...
All public and private health centers must provide the necessary measures for exercising this Right. Said declaration will be kept in the clinical file with confidentiality...
Costa Rica took an essential step in respecting the people's autonomy over their life regarding health care and medical treatment.
In the previous email, we talked about frequently…
The Real Estate market in Costa Rica is very robust and buyer and sellers alike need to be aware of the regulations and laws of the Country...
Companies that are intermediaries, such as Airbnb, are also required to follow the regulations of Law N. 20865, including paying the taxes due if the user's payment is made through the service platform.
As established in the "Law for the Regulation of Non-Traditional Accommodation Through Digital Platforms (N. 20 865)", rental properties in Costa Rica for tourist
CR Tax Authorities established the mandatory use of the electronic invoice system for all taxpayers, including real estate rentals, starting September 1st, 2018...
Expats can apply for residency in Costa Rica: either as a fixed annuity (rentista), investor (inversionista), retiree (pensionado).
The buyer is only jointly liable for the tax payment in the fiscal period when they are buying (according to section 7 of Law # 8683 and section 20 of the Regulation of the Solidarity Tax law)...
The entity or person obliged to file and pay the tax is that one that owns the ¨Luxury Home¨ as of January 1st of each year. This includes parties in a co-ownership as well.
Immigration status: Beneficiaries will be granted the category of non-resident, subcategory "Worker or Remote Service Provider". The immigration benefit will be granted for one year, extendable for a single period...
'Da tua dum tua sunt, post mortem tunc tua non sunt'.
(Give that which is yours while it is yours; after death, it is not yours).
CR Tax office published on their webpage the list of corporations that didn't comply with the 2019 mandatory disclosure submission.
According with the resolution DGT-ICD-R-06-2020 issued by the CR Tax Office:
The 2020 ordinary declaration must be filed in September instead of April.
Due: March 31stof each year.
Property owners must pay Property Tax (Impuestos Bienes Inmuebles) and garbage collection fee (recolección basura) to the Municipal Government where the property is located.
We have implemented preventive measurements before COVID - 19 and we trust the actions of our health authorities and Government.
As the world grapples with the pandemic of COVID-19, Costa Rica has joined other nations in providing relief in several areas.
CR tax office published on March 26 the resolution DGT-R-005-2020 that explains the process to be followed to enforce the fines and penalties to those corporations whose legal representatives did not submit, on or before March 31st, the 2019 mandatory form:
Starting November 1st, 2020 tourists from any and all countries will be allowed to fly into Costa Rica
It's Annual Tax Time
Like in other global markets, Costa Rica also has its share of annual taxes.
‘Da tua dum tua sunt, post mortem tunc…
The Tax Office clarifies and ratifies that the first submission and disclosure can be made no later than January 31st2020 without fines or penalties.
Part II:
On July 1, 2019, Costa Rica a major Tax Reform went into effect nationwide. The government did not provide enough information before July 1.
Part I:
On July 1, 2019, Costa Rica a major Tax Reform went into effect nationwide. The government did not provide enough information before July 1.