US citizen sentenced to nearly six years for role in Costa Rica-based biz-opp fraud
A U.S. citizen charged in connection with the operation of a series of fraudulent business opportunities based in Costa Rica was sentenced to prison on Wednesday in Miami, the Justice…
Development bank urges Costa Rica to pass tax reform package
The president of the Inter-American Development Bank (IDB), Luis Alberto Moreno said that Costa Rica can not afford to delay the passage of a tax reform package unveiled by the…
Cost of building a home would increase as much as 14 percent if tax plan is approved, Costa Rica builders warn
The Costa Rican Chamber of Construction (CCC) is warning that the cost of housing could rise by as much as 14 percent if a tax reform being pushed forward…
Costa Rican said to be 115 years old could be worlds oldest man
An elderly Costa Rican man reportedly born at the turn of the 20th century could be the worlds oldest person at 115. Never married and without children, Jose Delgado is…
Executive decree should end traffic jams caused by minor accidents
The decree allows motorists involved in minor traffic collisions to move their vehicles out of the way of traffic and exchange insurance information between the drivers, who can then be…
Roche Pharmaceuticals announces $5 million expansion of Costa Rica operations
Roche Pharmaceuticals opened its new Costa Rica-based Service and Distribution Center that will serve the pharma giant’s customers in 23 countries in Central America and the Caribbean on Wednesday with…
Costa Rica government releases details on tax reform plan, including big increase in income tax, capital gains
The Solis administration released some details of its plan for tax reform on Monday, encompassing six bills that would significantly increase citizens’ and residents’ tax burden. …
Man steals plane from Costa Rica airport, dies after crashing it in Colombia
A single-engine Cessna aircraft was allegedly stolen Sunday afternoon from the airport in Puerto Jimenez in Costa Rica’s southern zone and crashed hours later not far from an airport in…
