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2020 Municipal Elections

mayor santa cruzEvidence of Costa Rica´s solid Democracy

Last Sunday, February 2nd, 2020 local government elections were held in Costa Rica. Such local administrative units are known as Municipalities. The mayor of a total of eighty-two Municipalities as well as other political positions within them was elected by direct voting of citizens living in each territorial subdivision known as ¨Cantones¨.

This was the fifth election process since a legal reform launched in 1998 which granted more responsibility and direct control over territorial, political, and administrative matters to local governments. The process was a success.

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What about schools?

Schools in Costa RicaEscuelas, Schulen, Ecoles, Scuole, Escolas

This is one of the most frequently asked questions made by our clients interested in purchasing real estate in the Tamarindo / Gold Coast area who want to move the family. We get it, as a parent making the decision to move to another country, schools are a top priority.

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The Tamarindo Lifestyle

Tamarindo lifestyle

As you may know, Tamarindo is currently one of the most popular tourist towns of all Costa Rica. Not only is it sought out by surfers from all around the world, but many vacationers and ex-pats as well. Why has Tamarindo become such an attraction?

First of all, let’s start off with the neighborhood. Here you can find a diverse community made up of people from all around the world.

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How can I obtain CR residency?

Costa Rica Residency

I can’t remember how many times I’ve been asked that question. Well if you plan on buying a property here it could be simple.

The Costa Rican government has historically been open to foreigners investing here, so much so that in early 2011, the government published the regulation to the Immigration law that allows for more flexibility in regards to obtaining a Costa Rican residency.
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Memo Paris launches Tamarindo

Tamarindo perfum
Memo Paris, luxury Parisian perfume house, celebrated the launch of its latest fragrance, Tamarindo. Inspired by the sunshine, crashing waves and tropical fruits and flowers of Tamarindo on Costa Rica’s Pacific coast, this exquisite scent is centred around the fresh sweetness of pineapple, lifted with bergamot oil and leant depth by jasmine, cardamom and vanilla absolute.

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Internet through Fiber Optic

Fiber Optic in Tamarindo area

Coopeguanacaste is a fairly new internet provider and offers internet with Fiber Optics in the Tamarindo area! We had the opportunity to test it out and are pleased so far with the stable internet connection.

Many people ask “What are the benefits of having Fiber Optic internet?” “Is it worth making the change?” Well the fiber optic internet provided is symmetrical, meaning you will have the same speed for uploading and downloading. Besides, there is no loss compared to other systems like with a modem. The Fiber optic facilitates online activities like making online video calls, watching or streaming movies, and recording live footage from security cameras.

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Projects in the Tropics

infrastructure

 

Years back the reality and needs of Costa Rica in general were very different, the need to approve and complete large projects wasn’t so urgent, but the popularity of this beautiful country has been, for quite a while, basically forcing the government to step up and address multiple infrastructure needs throughout the country. Our own bureaucracy, and politics, make that large projects seem to take forever to get approved, but eventually they do and were able to then envoy, for example, the new Liberia International Airport, the expansion of the Interamerican road, Liberia – San Jose, and more close to home the new road between 27 de Abril and Tamarindo.

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Guanacaste launches solar park that will provide electricity to 2,000 homes

solar park

Coopeguanacaste, R.L., an electricity distributor in the Guanacaste province, inaugurated this week the Juanilama Solar Park which has a capacity of five Megawatts (MW), which accredits it as the largest in the country using this source of clean generation.

The Solar Park is in Juanilama, Belen de Carrillo, Santa Cruz, in Guanacaste on five hectares of a property owned by the cooperative. According to the entity, the facility would provide a year nine gigawatt hours (GWh), which would directly benefit 2,100 households in the province.

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What’s next for the rental industry?

vacation-rental-property-tax-deductions

 

Hotel owners and landlords in Costa Rica are creating an effort to draft a legislation that would tax vacation rentals such as condominiums, apartments, and other housing/lodgings that currently fall into a legal gray area.

The plan, which is near to being introduced in the Legislative Assembly, would apply a hotel tax on rentals in Costa Rica booked through online platforms such as VRBO, Airbnb, FlipKey, Tripping.com, and HomeAway.

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What about the water?

water hookup

 

It is more than evident that the local real estate market in Tamarindo and surrounding areas have become steadily more dynamic year after year. We in the business keep on selling more of the usual existent seaside vacation residences: either condominiums or single-family homes. Nevertheless, perhaps within the last 12-24 months, the sales of lots has reactivated coming back after the real estate boom that ended in 2008.

Available lots have been selling and owners that had kept their properties dormant waiting for a better time to sell them, or simply who had invested originally to build homes that they won´t do anymore, are coming around now.

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Beach Hopping Holidays

beach sunset

July and August are considered the summer months in North-America and Europe, and are related to school vacations! How about spending part of those holidays beach hopping around the surf town of Tamarindo?

The beach of Tamarindo is known for its great waves, for beginners and expert surfers, so from early morning to sunset you will always find some surf buddies to hang out with! Take the opportunity of a surf class with one of the many surf instructors around. The non-surfing part of the family will not be bored: they can enjoy themselves kayaking to Capitan’s Island, boogie boarding, building sand castles, playing beach volleyball or taking a nature boat tour on the estuary nearby. And around 5:30 pm you can all join together for a cocktail watching the gorgeous sunset over Tamarindo Beach lounging with your feet in the white sand.
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Funds Arriving for Costa Rican Police

taxes

 

Starting September 1, 2017, the tax on corporations (Sociedades Anónimas) will be reinstated. This year the payment will be just for the months between September – December, then starting 2018 the payments will be yearly, and will apply to both active and inactive S.A.’s.

The funds obtained will be distributed as follows; Ministerio de Seguridad (Costa Rican Police) 90%, Ministerio Público 5%, and to the Organismo de Investigación Judicial (OIJ, Costa Rica’s version of the FBI) 5%.

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