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Lote Tierra Pacifica #55 – Lot in gated community surrounded by nature with amenities – Reduced to $69,000

Tierra Pacifica is an extremely pleasant residential community for those who seek to be directly in touch with Costa Rica´s exuberant natural environment. It is a real tropical paradise shaded by local trees near pristine beaches. Plus it is a gated residential community with convenient amenities….. more info

 

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Important: Mandatory Shareholders Registry

Mandatory Shareholders Registry with the Central Bank of Costa Rica

BCCR

As you know, with the approval of law #9416 and its regulations, you must proceed with the mandatory disclosure for corporations and legal entities, submitting the requested records to the Central Bank of Costa Rica (BCCR). Scheduled of submission deadlines for the corporations for this first submission:

2019-08-30 16_44_05-Reminder_ Mandatory Shareholders Registry with the Central Bank of Costa Rica -

To obtain a digital signature card, “firma digital”, interested parties must make an appointment at any of the offices that issue these certificates, authorized by the Central Bank of Costa Rica. Information on the cost, opening hours, geographical location and telephone numbers are available in the Services section, Digital Signature, of the Central Bank’s website, see following link:

https://www.bccr.fi.cr/seccion-firma-digital/firma-digital/oficinas-de-registro
However, the “Firma Digital”is only available for Costa Rican citizens or legal residents with a valid DIMEX, residency ID.If you are the legal representative and you cannot obtain the “Firma Digital”,you must opt for: Granting a Power of Attorney (POA) to a third party that you trust that has or can obtain the “Firma Digital”to do the registration on behalf your corporation. The POA needs to be executed as “public deed” (poder otorgado en escritura publica) before a CR Notary Public, with all the formalities.
Once the issue of the “Firma Digital” is resolved, then it will follow to register the legal representative or POA holder into the database:

https://www.centraldirecto.fi.cr.

As soon as the legal representative or POA holder is duly registered, following the instructions provided in the indicated website, they can fill out the registration form disclosing the information about the corporation and its shareholders.

If the CR corporation(s) ownership is under or held by a foreign Corporation or a Trust, according with the law, it will be required to provide the following documentation to comply with the disclosure:

Articles of incorporation or
Trust agreement
The documents must be a certificated copy and must be duly apostilled.
(Attached you could find brief about the apostille and how to obtain it).

See enclosed link about “What is an apostille”.
Please consider that the certified and apostille documents/certifications cannot have more than 60 days of being issued.

The non-compliance with the law, will carry hefty fines.

On 2020 and on, the mandatory disclosure submission will be within the month of April, as well as, when it is any corporate ownership transfer that represents 15% or more of the capital stock.

Therefore, seeking proper legal advice is highly advisable to avoid the big fines and penalties

Credit to: GM Attorneys. A premium boutique Law Firm with offices in Flamingo Beach, Tamarindo, Nosara and San Jose. http://www.gmattorneyscr.com

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195 Aniversary of the ¨Anexión del Partido de Nicoya¨: Guanacaste Then and Now

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By Federico Fernández

Last July 25th the 195th anniversary of what is called ¨Anexión del Partido de Nicoya¨ took place. This basically celebrates the decision of the inhabitants of what is now the province of Guanacaste of being part of Costa Rica instead of Nicaragua, being independent. Such event took place less than three years after Costa Rica, along with the rest of Central America, became independent from its colonizer: Spain.

Costa Rica has been ever since a privileged country, not only due to its geography, natural resources, climate, but also in terms of politics. Costa Ricans have decided along the decades to live in peace and deal with social, economical and any other national situation in a civilized way. Did you know that, along with Puerto Rico, Costa Rica is one out of two Latin American Republics that have an uninterrupted democracy since 1948? And what happened in 1948 was a revolution that ended up abolishing the army, assigning that cost into investment in education and returning immediately to democracy. This speaks very good about the stability of this beautiful nation.

The province of Guanacaste itself is a particular region within Costa Rica that holds a lot of its treasures. It has most of the plains and traditionally held the extensive agricultural activities with products like sugar cane, rice and later melons and watermelons. This provides the Hacienda lifestyle with a lot of folklore that is even a touristic feature of certain areas in the province nowadays. Other natural tourist attractions the province offers include volcanoes and of course a lot of beach sites and its related water activities.

But today, Guanacaste not only represents opportunities and development related to its natural resources and tourism. The central government has invested in valuable infrastructure along the last decade. Economical actors have identified the opportunities and incentives to start bringing in even industrial activities formerly nonexistent to the region. That is why the Liberia International Airport, the second of importance in the country increases its traffic year after year not only with passenger flights but now with a freight terminal. National Route #1, the Interamerican Highway that crosses from north to south in the province, is currently being expanded with more lanes in a concrete construction with all the relevant safety features. The positive business environment convinced Coca Cola, one of the biggest worldwide corporations to establish the most modern plant they have in the city of Liberia. It will start production in 2020.

Evidence of all sorts of social and economical improvement can be recognized by permanent residents like us. Without a doubt, we can recommend that Guanacaste is perhaps the best area to invest in our God blessed nation.

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Let’s support their efforts

recycleIt takes a manufacturer a fraction of a second to create a plastic bag, we use it for 20 minutes to get our products from the store to the house, then it takes over 100 years for it to disappear completely.

There are many other alternative substitutes for plastic that work great and are very accessible. Various hotels and restaurants in Tamarindo and the surrounding area, for example, have now replaced their plastic straws with paper-based straws. These might be small changes, but little by little we will have a positive impact on our beautiful beaches and towns we care about so much.
The Clean Wave, a non profit organization based in Tamarindo, has been working for quite some time to keep the beaches clean and they also take time to educate locals and volunteers on how to take care of your town.

Since many years the SURFRIDER organization does a wonderful job as well as several other groups and individuals like the ASADA Tamarindo and of course ADI Tamarindo. They all care about Tamarindo and the surrounding area.

Let’s all make the effort together to keep Tamarindo and the surrounding beaches and towns as clean, consciously healthy, and a leading example for all Guanacaste and Costa Rica!

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Casa Millumbimbi – Custom modern home in exclusive gated community – Reduced to $699,000.

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Casa Millubimbi is located in a gated community just 5-minutes away from the center of Tamarindo, where you can find all the restaurants, shops, and plenty of activities to take advantage of. Other popular beaches can be reached within 10-25 minutes. This gated community also has a large community infinity pool and rancho with a BBQ…more info.

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Oro del Sol #14 – Modern 3 bedroom home, walking distance to the beach – SOLD

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This modern, tropical home that is walking distance to the beach is located within the “Oro del Sol” development. With large windows designed all around the home, you can take advantage of the natural light that elegantly fills the open spaces. Two bedrooms are located downstairs, each with your personal bathroom and upstairs you can find the master bedroom with a large walk-in closet and a private balcony…more info.

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New Listing – The Oaks #20 -Well built condo at a short drive to everything

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The Oaks, is a master planned gated community composed of 96 apartments just outside of Tamarindo. It features assigned parking spaces, amazing landscaping, gardens, three pools, a private dog park, kids park, outdoor exercise equipment and hiking trails. All this makes the Oaks stand out like no other community in the area. The maintenance given to the complex is flawless…more info.
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New Listing – Finca Monte Fresco Tamarindo – $1,900,000

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If you’re looking for a larger piece of land with outstanding potential and ready to be built on, then Finca Monte Fresco is the perfect opportunity. Sitting on a mountain overlooking the valley all the way to the beach plus significant road frontage for commercial expansion makes this parcel a developers dream. A total of 6.6ha / 16.3acres with 187m of public road frontage plus large natural ocean views parcels…more info.
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New law about capital gain tax starting in 2 weeks called Ley de Fortalecimiento de las Finanzas Públicas.

It will be in effect by July 1st and has raised several concern and misinterpretations. In reality it is pretty simple because you can choose to pay either 15% of the gain or 2.25% from the actual sales price. You do not need to rush and update your property value at the Municipality before July 1st. PD Attorneys provided a simple explanation.

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Credits to: P&D Abogados