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Hacienda – Residence & Villas For Sale in San Isidro, San Jose, Costa Rica ($6,000,000.00)

Mountain view residence with 4 villas, horse stable, pasture land, mountain amazing gardens, spacious home and guest house for sale in San Isidro, San Jose, near Alta Gracia Hacienda, one of the most  luxurious hotels in the country, located 30 minutes from the central town of San Isidro, this residence is the definition of a country hacienda with the comfort of being near…

D-101 Form Compliance for Dormant Corporations Has Been Reprogrammed to 2023

November 09th, 2022 The tax administration of Costa Rica has informed today that the owners of dormant corporations that have not complied with the filing of the D-101 form for dormant corporations will now have a time extention to comply until April 30th, 2023. The extension of time to comply with this requirement has been given due the amount of requests that the tax administration receives…

Costa Rican Home Owners Listed in Aibnb Will Have To Register As Tax Payers

The Tax Administration of Costa Rica has announced in October that Airbnb has been added to the list of service providers overseas that will be automatically charged 13% VAT tax on every booking processed, this means that guests will now be charted the Tax even if the host of the listing hasn’t included it in the rate. With this change, Airbnb becomes the service #136 in the list of digital…

Mountain View Lot For Sale in Costa Azul Development, Tres Rios, Coronado, Osa ($249,000.00)

Source Central Bank of Costa Rica The reduction from the last weeks in the exchange between the Dollar and the Costa Rican Colon has brought the price very close to the same price of 2021 as of the current date, this is something that will affect the operation of the individuals and companies that make their income in dollars and pay their providers and employees in colones, this due the…

osta Rican Government Approved New Hemp (CBD) & Medicinal Cannabis Regulation in Costa Rica #regulation #cannabis #cbd #hemp #newlaw #governmentofcostarica #costaricaregulation

On august 24th, 2022, the Costa Rican president signed the new law 19256 for the regulation of the medical and therapeutic usage of marihuana and hemp in it’s different versions for the alimentary and industrial usage, this law is expected to produce a positive effect in the economy looking for contributing to its reactivation with the creation of new business opportunities, new work sources,…

Tax On Luxury Homes in Costa Rica

Many of our clients regularly request us information about how what are the brackets that make property owners to be subject to luxury tax for their homes in Costa Rica and what are the rates for it, how should it be declared and how often and other important questions about this tax. For all those questions that we regularly have we have created this post. The Luxury Tax in Costa Rica The…

New Deadline Extension (D-101 Form for Inactive Corporations)

Last week, the tax administration informed that they have extended the deadline to comply with the filing of the D-101 form for inactive corporations, now the corporation owners that haven’t complied with this mandatory requirement have until November 15th, 2022 to file this mandatory form. The D-101 Form for inactive corporations, also known as the “asset declaration form” it’s a new…

Costa Rican Taxes 101

WHAT DO YOU NEED TO KNOW ABOUT YOUR TAXES IN COSTA RICA? The Costa Rican tax administrator in Costa Rica is ¨Ministerio de Hacienda¨, this institution is divided in three grand departments which are the DGT (General Tax Administration), DGH (Tax Administration), DGA (General Customs Administration). There are tax administration branches in certain strategic places all over the country, each one…

New Costa Rican Visa For Digital Nomad-Remote Workers

The new government of Costa Rica, lead by Rodrigo Chavez, president elected in 2022 has approved a new law that allows foreigns to obtain a VISA to freely work in the country for one year and can be extended for another 12 months after filing an extension if you can prove you have been in the country for at least 180 days. This Digital Nomad VISA “DNV”, has been designed for remote workers,…