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Monday 27  August 2007

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Visa Restrictions Eased For Investors
IMAS To Open More Duty Free Shops, Including at Land Border Crossing Points
Founder of ICE To be Awarded Benemeritazgo
To Counter Global Warming
Total Lunar Eclipse Tomorrow Morning


IMAS To Open More Duty Free Shops, Including at Land Border Crossing Points
Duty free shops will not be something found only at airports but at all border crossing points as part of an expansion plan by the Instituto Mixto de Ayuda Social (IMAS).

The IMAS, the state agency currently only operates the duty free shops at the Juan Santamaría (San José) airport is looking to increase revenue which will help the agency to have more funds available to battle poverty. In October the IMAS will open its first duty free shop at the Daniel Oduber airport in Liberia.

José Antonio Li, president of IMAS, explained that the plans to open duty free shops at the ports and land border crossing points is moving ahead, negotiating for space to set up shop.

In Limón, for example, the IMAS is working with the government on the “Limón Ciudad Puerto” project, expecting to attract sales from tourists coming off the cruise liners. Working with the Junta de Administración Portuaria y de Desarrollo Económico de la Vertiente Atlántica (Japdeva), the IMAS says that market studies are being carried out.

At the land border crossing points, the IMAS pretends to offer to sell appliances duty free to those coming and leaving the country, in addition to the traditional duty free items of liquor, cigarettes, perfumes and gift items.

Li was clear to explain that appliances will not be offered at the airports.

However, before all this can happen, Li said that the IMAS regulations have to be amended, which will include having stores in certain hotels where duty free purchases can be made and the merchandise delivered at the airport.

Li said that there is no estimate on how much sales will increase by the expanded point of sales, saying that the opening of the Daniel Oduber stores will generate at least ¢2 billion colones for the IMAS to invest in social programs to help out needy families.

The duty free store at the Juan Santamaría (San José) is open to both arriving passengers as well as those leaving, making their purchases to bring into Costa Rica or take home when the leave Costa Rica
 


 

 

 

 
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