Cloud computing is a big help to tourists and expats

April 12, 2010
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There is great news for expats and tourists in the cloud. Speaking of cloud computing, that is. Most expats — people of other nationalities who have made Costa Rica their home — do not have a clue what the term cloud computing means even though the concept could greatly change their lives, especially those who [...]

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Tax officials finally OK use of electronic records

March 29, 2010
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Here is some great news for green-minded expats. The Costa Rican tax department required all tax contributors to keep their account documents for five years and their accounting books up-to-date at all times. This meant gobs and gobs of paper and sufficient storage places to stash all the stuff. Not very green thinking. In a [...]

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Pesky tax time is here again for corporations

March 15, 2010
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There is only one tax inactive companies need to pay every year. It is the education and culture tax. The tax is due by March 31 which falls on a Wednesday this year. However, it can be paid anytime during the month of March. Law 5923 requires the paying of this tax. Many people slough [...]

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As realty cycle renews itself, buyers must be wary

March 1, 2010
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There is a much quoted phrase in Costa Rica between lawyers. Everything legal is not always right and everything right is not always legal. Many of the development projects of the last decade were put together by individuals with high hopes of raking in the dough selling to unsuspecting buyers. They skipped doing the correct [...]

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Chat sites and text messages: A dangerous combo

February 15, 2010
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The internet is as wonderful as it is evil. The dark side is where predators lurk waiting for the unsuspecting innocent to fall into their traps. These creeps lie in wait to menace adults and children alike. The internet, cellular telephones and text messaging can work together to steal, maim and even kill. Many expats [...]

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Real estate slowly becoming a great investment here

February 1, 2010
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Lots of people came to Costa Rica during the feeding frenzy in the past decade to invest in property. Today, many of those that invested are licking their wounds because they jumped into the shark-infested waters unprepared. Most of them looked at investing here through kaleidoscope eyes. Projects are not the only thing on hold [...]

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Trusts are a good way to insure trustworthiness

January 18, 2010
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Trusts are one of the most important legal documents a lawyer can make for a client in Costa Rica. It is amazing that most attorneys do not know how to create or administer them here. Most people think of trusts in the case of death and inheritance, but they can be used for many more [...]

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