Pending Executive Decree

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  • #204535
    soldier
    Member

    Does anyone have any additional insight into the pending executive decree, in terms of attracting foreign retirees to Costa Rica? Some of the other Latin countries surrounding Costa Rica, have some very good incentives for foreign retirees. Hopefully, Costa Rica will consider free vehicle and household goods imports!

    #204536
    Andrew
    Keymaster

    As Attorney Roger Petersen clearly stated in his article at [ https://www.welovecostarica.com/members/Costa_Rica_Declares_Baby_Boomers_To_Be_A_National_Priority.cfm ]

    “We won’t know the extent of those incentives until the Executive Decree is signed and published.”

    Any other opinion at this time is pure speculation…

    Scott Oliver

    #204537
    soldier
    Member

    Thanks Scott.

    #204538
    sueandchris
    Member

    Scott:

    Here are a couple of other questions which you might be able to answer: Is the signing of this decree (regardless of content) imminent? Do these presidential decrees become established laws upon signing, or is further action/ratification required by the legislature?

    Thanks.

    #204539
    Andrew
    Keymaster

    Oscar Arias has very little time left in office here so I’m assuming he has to sign this soon but, when all the details of this program are known and when this would actually take effect? We have no idea ….

    #204540
    DavidCMurray
    Participant

    Sue, the only way to be certain that President Arias signs the decree and that it takes effect is to do your business first. As soon as you’ve sent your container, shipped your car, etc, it’ll take effect.

    So do the others a favor, eh?

    #204541
    bloucas
    Member

    [quote=”Scott”]Oscar Arias has very little time left in office here so I’m assuming he has to sign this soon but, when all the details of this program are known and when this would actually take effect? We have no idea ….[/quote]

    Well a very positive article if only a teaser right now. I think we all would love to know more as we make our retirement plans. Mine are for Oct/Nov of next year. I must admit I have considered Panama due to the huge financial incentives they offer. Of course CR offers the superior life style we all love. Will there be more updates here as as they become available?
    Best to all,
    Bill

    #204542
    sueandchris
    Member

    David: Ain’t THAT the truth! But I would prefer someone ELSE to the the canary in the cage! I still have five months before I stuff all our belongings into the container.

    But I am wondering how this decree might effect the work that must be currently performed by an immigration attorney? If the process were much easier…….? Sue

    #204543
    Vmc
    Member

    Those of you with whom I have spoken know that we are counting the days, but this impending decree may cause us to re-think our timetable just a little bit……Hope they lift some of the oppressive duties and restrictions, I’m sure that more Baby Boomers would come…..Hope it’s done before the end of April.

    Hope to see you all soon!

    Dan.

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