Archive for November 11th, 2008

Costa Rica Tax Laws for Expats, Dummies or Both

Tuesday, November 11th, 2008

After several years of working on and off in Central America, I have seen just about every possible way to do business: effectively, legally, and otherwise. After my first year in a stable position in Costa Rica, I successfully completed my tax forms and paid my part with limited hiccups. With all the questions surrounding the tax system and how to get them filed on time and without a huge investment, I decided to address these doubts with my accountant, Rafael Martinez-Ortiz, President of RMO Financial & Accounting Services.

Though still a tad confusing, I successfully organized his responses about paying taxes in Costa Rica on a case by case scenario for other newbies or those hoping to skirt the system upon arrival. My conclusion: it’s so much cheaper than in the states, it is easier and smarter to just do it rather than live with a fear of ramifications. Registering with the Hacienda and the Costa Rican Social Security organization is also a big help for any of you considering applying for residency in the future as it shows you are financially responsible and abide by loca law. (more…)

E-mail may compromise witness ID in Costa Rica murder case

Tuesday, November 11th, 2008

A widely circulated e-mail may have compromised a critical part of the prosecution’s case against two suspects in the murder of a White House Casino dealer.

The e-mail contained the mug shots of the two suspects in the case, Juan Mena Jimenez and Christian Mora Cantillano, who were arrested in the Oct. 28 murder of Yerlin Marín and for attempted murder of Angie Peraza and Arelis Marín, Yerlin’s sister. Peraza and Arelis Marín were both shot twice but survived. (more…)

Costa Rica congratulates U.S. for historic electoral process

Tuesday, November 11th, 2008

The government of Costa Rica congratulated the people and government of the United States of America for the unprecedented presidential elections held last Nov. 4, which resulted in the election of Democratic candidate Barack Obama, according to information provided by the Costa Rican Ministry of Foreign Relations.

“Costa Rica expresses its warmest congratulations to President-elect Mr. Barack Obama and the American people, and salutes the candidates who participated in this election for contribution to revitalize the democratic exercise in that great nation. Mr. Obama’s victory, by becoming the first elected African American president, son of immigrants, does not have any precedents in the country’s history,” the official communiqué said. (more…)