$40 million transferred each month through “SINPE” system
Email this page January 8th, 2013 (InsideCostaRica.com) The National Electronic Payments System, or SINPE, moves about $40 million dollars each month between bank accounts in Costa Rica, a figure equal…
Luxury home tax, corporate tax both due this month
Email this page January 3rd, 2013 (InsideCostaRica.com) Taxes due on “luxury homes” must be paid by Tuesday, January 15th, while taxes owed on corporations (including inactive ones) are due by…
Costa Rica ends 2012 with 4.5% deficit, 20.6% poverty rate
Email this page January 2nd, 2013 (InsideCostaRica.com) Costa Rica ended 2012 on a relatively positive economic note, but with a poverty rate that has not dropped significantly and a persistent…
Gas stations, fuel carriers will begin planning of national strike next week
Email this page January 2nd, 2013 (InsideCostaRica.com) The country’s gasoline sector, including both carriers and retailers of fuel, will be meeting next Thursday to discuss the strategy with which they…
Old 5,000 and 10,000 colon bills no longer accepted as of tomorrow
Email this page December 31st, 2012 (InsideCostaRica.com) As announced by the Central Bank earlier this year, the older 5,000 colon and 10,000 colon banknotes from the previous family of bills…
Costa Rica rings in 2013 with…rate hikes
Email this page December 31st, 2012 (InsideCostaRica.com) After all the celebration and parties, it is important to be prepared for the amount of rate increases that will welcome the New…
Private firms plan more wind farms, free zone in Tilaran
Email this page December 30th, 2012 (InsideCostaRica.com) Famous for its winds, the town of Tilaran, in Guanacaste, has become a magnet for wind turbines that generate electrical energy. Jovel…
Rise in dollar exchange rate is normal, expert says
Email this page December 30th, 2012 (InsideCostaRica.com) The dollar exchange rate closed 11 colons higher yesterday in comparison to last week. The dollar opened with a sale price of 503.38…
