Business

Costa Rica closed May 2026 with a 3.0% growth in the arrival of tourists by air, reaching 195,571 international visitors compared to 189,881 in the same month of the previous year, according to data from the Costa Rican Tourism Institute (ICT). However, market behavior reveals an increasingly marked trend: while Daniel Oduber Quirós International Airport in Liberia is accelerating strongly, Juan...

For the first time this year, the US Federal Reserve (Fed) reduced interest rates by a quarter of a point on Wednesday, resulting in a range of 4% to 4.25%. The Fed's decision is made in the context of a tense climate, which is exacerbated by President Donald Trump's pressure to reduce interest rates and the uncertain economic prognosis for the United States. Fed Chairman Jerome Powell stated that...

Millionaires are drawn to Costa Rica. According to projections, 350 foreign millionaires will have relocated to the nation by the conclusion of 2025. This makes it the Latin American country that attracts the most economic aristocracy, according to the Millionaire Migration Report, which is published annually by the investment firm Henley & Partners and the intelligence company New World...

Since its inception in 1966, Costa Rica's condominium property regime has undergone substantial change and developed into a crucial pillar for housing and urban development. But like every system that develops and changes, it has problems that call for modern fixes. Bill 24,640, recently introduced by Deputy Daniela Rojas and other deputies, intends to strengthen condominium governance and update it to...

Sellers who participate in "relevant activities" on digital platforms will have their information gathered. Beginning January 1, 2025, digital platforms that make money for a portion of Costa Ricans will be required to start gathering data, including the names of service providers, the amounts deposited, and the account numbers to which the payments are made. This is the case with Airbnb, an...

Costa Rica, celebrated for its biodiverse rainforests, distinctive sandy beaches, and reputation as a year-round surfing destination, is also a vibrant center for global manufacturing, life sciences, and technology enterprises. The nation is renowned for its renewable energy inventions and is currently drawing billions of dollars in foreign investment, with these industries expanding at an unprecedented...

Costa Rica's gentrification phenomena has been harshly attacked by Camilo Flores, Osa's general attorney, who has called it a type of "neo-colonization." Foreigners are displacing entire villages and purchasing land that is inaccessible to Costa Ricans, as Flores pointed out.Living in a seaside location of Quepos gives me intimate knowledge with it. Flores told the local news outlet Nuestra Voz that...

A law known as distributed generation, which was put into effect in Costa Rica in December 2021, intends to encourage the use of renewable energy generated locally, in businesses, or at home. Generally speaking, installing solar panels is the most popular method of producing renewable energy on this scale—at least in the nation. Nevertheless, since the law went into effect, hardly many new contracts...

Costa Rica is among the most significant biodiversity hotspots in the globe. One can contribute to theconservation of the remarkable fauna by making an investment in sustainability through the utilizationof these meticulously chosen properties in the preeminent eco-destination on the planet. We extend toyou the opportunity to actively participate in the continuous endeavor to preserve the...

The vast majority of independent hotel owners in Costa Rica would sell or have their hotels for sale;there are very clear reasons for this and on the other hand the characteristics of the typology of theCosta Rican hotel offer, are two topics that we would also like to address, but we deviate from the topiof hotel viability that we deal with in this article. It is estimated that, in general terms, five...