U.S. income tax avoidance drawing some to Costa Rica
Another reason to live in Costa Rica? This article appeared in www.amcostarica.com last week. It points that some American citizens are moving to Costa Rica and once there they continue to work by “telecommuting.” In many cases, telecommuting allows that individual to take advantage of IRS tax rules and they do not pay taxes on […]
New Costa Rican Bank Account Options for Foreigners
The Costa Rica Star just published this story about three new types of accounts being offered with $1,000, $2,000 and $10,000 USD deposit limits. This is good news for expats and those considering applying for residency in Costa Rica! “This week, the state-owned Banco Nacional de Costa Rica (BNCR) announced a new series of bank […]
Travelers in Costa Rica can pay departure tax at airports for 3 more months
Tico Times reports that the new tax collection system goes into effect December 3. This will help streamline the check-in process at Juan Santamaría International Airport by including the tax in the price of the airline ticket. If you already have a ticket you’ll be able to pay the tax at airport ticket counters for […]