How High Can Skyrocketing Land Values Go?

January 24, 2005
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Nation confronts a sizzling market Tourists arriving in Costa Rica this year have another attraction besides the beautiful beaches: soaring property values. Potential investors in property are finding themselves confronted with land prices that are skyrocketing. The phenomenon is everywhere. Even tourists notice the flurry about them. Buyers have to hold on tight to offers […]

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Country’s Long History of Dream Developments

January 10, 2005
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Original 31-year-old plan for Nosara Costa Rica is characterized by many old timers as the land of the “wanted and the unwanted.” Some who come here are wanted criminals by other nations and others just do not fit in somewhere else, so they come to this country to live. Want to make a million dollars […]

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The Tax Man Throws the Citizens a Curve Ball

December 20, 2004
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The 2004 tax year was full of surprises. One major surprise was that the tax filing deadline for Form D.101 Version 2 was Dec. 15 instead of the normal Dec. 31. Tributación Directa, the tax collecting agency, and its parent, the Ministerio de Hacienda, the treasury department, did little to announce the change. The earlier […]

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Be Sure You Don’t Toy With Tributación Directa

December 13, 2004
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Can one be thrown in jail for taxes in Costa Rica? The answer is yes. Articles 90 and 92 of the Code of Tax Norms and Procedures established jail terms for tax offenders. Are many people put in jail? The answer is no. The whole process is new to the country. However, with the help […]

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Tax Collector Aggressive But Not Very Helpful

December 6, 2004
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‘Come back in December,’ employee says This article was very frustrating to write. Nothing at the Web sites of Tributación Directa or Hacienda worked. Tributación Directa is the name of Costa Rica’s tax authority, and Hacienda is the treasury department. The search engines on both sites are worthless. Trying to find a simple schedule of […]

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A Surefire Way to Protect Your Real Estate Here

November 15, 2004
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You mortgage your own property! Behind every palm tree there is someone lingering to steal a property one calls home. Costa Rica is a win-lose society. This means to win, someone else must lose. Surely, this is the reason there is so much corruption in every level of the government. Two ex-presidents jailed is a […]

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Cremation: A Logical Choice For an Expat Here

November 1, 2004
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Tomorrow is All Souls’ Day, a Roman Catholic time to commemorate the departed, believed to be in Purgatory. The day purposely follows All Saints’ Day, today, in order to shift the focus from those in Heaven to those in Purgatory. Regardless of how difficult it may be to admit, death is a part of life […]

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