Recent Posts

Commercial Real Estate Investment on the Rise

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Costa Rica real estate has improved dramatically in 2013, with median properties seeing the biggest surge. While lower end prided properties did show incremental improvements this year this end of the market is slow. Commercial properties especially in the Central Valley is seen the biggest jump in 2013, with numerous commercial developments having started this year. most obvious is the ... Read More »

Tips To Make Travel Stress-Free And Fun

Losing your child sounds absolutely horrifying and scary. Pack your suitcase the evening before you leave in your trip. Make all the preparations just before flying. Missing your flight is a horrible experience that you never want to undergo. Take clothespins with you travel. They are usually forgotten, though they usually are not something someone thinks to take with them. ... Read More »

Inflation in Costa Rica to End Year at Lowest Level in Four Years

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A 2013 report shows further acceleration of economic activity and fewer inflationary pressures, said Rodrigo Bolaños, President of Banco Central de Costa Rica (BCCR). Bolaños participated in a conference organized by the Chamber of Banks and Financial Institutions of Costa Rica. According to the chief, the variation in prices hover around 4% and if consistent till year end, would be ... Read More »

Basic Passive Rate Lowest in Last 5 Years

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The basic passive rate (TBP) will come down to 6.55% on November 14, 2013. According to data released by the Central Bank of Costa Rica, the rate has been fluctuating between 6.60% and 6.55%, from October 12 this year. The basic rate is used as a guide for most colones loans granted by financial institutions, and is calculated based on ... Read More »

World Bank Report Equated Costa Rica’s Strong Growth to CAFTA

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Three out of four Costa Rican companies claim that the Free Trade Agreement with the United States (CAFTA) has affected Costa Rica positively, according to data from a World Bank study. According to the study, the positive effects for these companies have been reflected primarily in increased exports, lower production costs and expanding market. Costa Rica has become responsible for ... Read More »

Inflation still Growing but Slowing

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The October Consumer Price Index (CPI) resumed the downward trend that started in July based on the information provided by the National Institute of Statistics and Census (INEC). In Oct. 2013, the inflation recorded a variation of 4.11%, the lowest of the year. In September, the annual growth was 5.37%. The change only the month of October was -0.76%. Earlier ... Read More »