Luxury Home Tax Update 2025
Every three years, homeowners in Costa Rica must perform a luxury home tax evaluation to determine if their property—whether a house, condominium unit, or apartment—is subject to the Luxury Home Tax. The tax rates range from 0.25% to 0.55% of...
NEW DEADLINE FOR THE TRANSPARENCY AND FINAL BENEFICIARY REGISTRY EXTENDED UNTIL OCTOBER 31st, 2024
We would like to notify you that the Costa Rican government has adjusted the deadline for the Transparency and Final Beneficiaries (UBOs) declaration. The new deadline is October 31, 2024, in accordance with official Resolution...
DEADLINE FOR THE TRANSPARENCY AND FINAL BENEFICIARY REGISTRY EXTENDED UNTIL JULY 31st, 2024
Cordero & Cordero had originally inform that the deadline for the Transparency and Final Beneficiaries declaration was April 30th, 2024. We hereby inform you that this deadline has been extended until July 31st, 2024. The purpose of such...
USE OF FOREIGN DRIVER’S LICENSE IN COSTA RICA EXTENDED
In the latest issue of La Gaceta #80, dated May 7th, 2024, a notable amendment to Article 91 of the Transit Law has been introduced, aimed at streamlining the process for foreign drivers to use and homologate their driver's licenses in Costa...
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