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ave. loss between those 3 is (2.586%) OR you lost 2.586 cents out of a dollar
as off 10:35 AM, today in the USA
and in Europe the situation is in CRISIS because of Greece
Next STOP is Portugal and Spain
make sure your AIR BAGS are working, you will need them besides your seatbelt
Best part is South America is not participating in this nightmare
[quote=”waggoner41″][quote=”aguirrewar”] Maybe IF you earn Foreign Income while living in CR you should and be taxed in the country you live.[/quote]
So for the pleasure of living in Costa Rica you maintain that you owe nothing in return for a lower cost of living.
I disagree with the idea of double taxation and I dont expect to see that happen but if you wish to live in Costa Rica there must be a reason. While I may be missing something I see the reasons to be either a lower cost of living or the pleasure of living here. If you have another reason I would like to hear it.
In either case isn’t it fair to contribute something? The system of relying on a sales tax to support the government and all that it provides is totally regressive. Where there are those Ticos and expats whose income allows them to save and invest the average family spends everything it makes and pays a sales tax on their entire income.
Just what is fair?[/quote]
Foreign Income is just that; income derived from investments from your $$ and if you live in Japan, Germany or CR and deriving any income from those countries, YOU will pay those countries for the $$ it made not from the place you live.
FAIR?? is that if I live in CR and invest in CR $1,000.00 and get a profit from that investment means I pay TAXES to that country from where I made the profit.
UNFAIR; is when I make a profit in a business outside the USA and I pay that country it’s taxes and then get taxed again in the country I live.
No country can TAX the income you make in investments outside that country. You make a dollar in China and pay the taxes in China, regardless of if you live in Japan.
[quote=”waggoner41″][quote=”aguirrewar”]In the meantime my 1040 goes back to the USA every year with my taxes while I am living in CR?? Is that FAIR??
Maybe IF you earn Foreign Income while living in CR you should and be taxed in the country you live.[/quote]You have a valid point and I will assume that you are not one of those who continually complain about conditions here.
Not knowing your situation I can assume several scenarios:
1 ~ That you are a tourist visiting occasionally, make your living in a foreign country, do not have any residency here and the sales tax suits that situation in contributing to Costa Rica.
2 ~ That you are a perpetual tourist who basically lives in Costa Rica because of the low cost and have an income, passive or active, from a foreign country. If the sales tax, which is based on the average Tico income of 3 million colons or less per year, is all you are paying you are enriching yourself at the expense of the country.
3 ~ That you have residency in Costa Rica and the sales tax works very well in your favor at the expense of the country, giving you the ability to enrich yourself as you spend only a portion of your income..
As I said, my income is small enough that I am not taxed in the U.S. but my income is much greater than the average Tico income. I am retired and, understanding the financial underpinnings of Costa Rica, I do not complain about the poor condition of the social programs like the Caja and infrastructure of the nation.
Just what is it that these complainers feel that Costa Rica owes them? What is fair?
I do know that there are in excess of 100,000 Americans living here and the number of Canadiens is probably near 15% of that. I have no idea how many Europeans are living in Costa Rica.
I also know that if all expats were taxes at a fair rate that we, whether our incomes are great or small in our eyes, could contribute much to improve what we see as the shortcomings of this society.[/quote]
1. None of the above makes me qualify in your opinion
2. I live and work in FL and have done it for 18 years
3. I work for the USPS and pay my taxes to the USA
Before that I worked for the Department Of Defense and have paid my taxes every year for 45 (combined) to the IRS.
A tourist PERPETUAL or not spends $$ in the CR economy and they add an infussion of $$ to that Country from $$ derived outside CR and spent in that country. A tourist does not take advantage of any country they visit, they just spend $$ not generated in that country into the local economy.
The 4’th leg of income in CR is the tourist industry, derived from $$ spent in CR from an outside economic intput.
As far as complaining; you can complain at Burger King, Home Depot or at Sears if your service is not up to par, be that if it is merited or not. Can I complain with “JOSE” at his pulperia in CR???
NO service market in CR matches the ones in the USA but you have to remember “when you go to Rome, ACT like a Roman”.
Be that the case; do you think the EXPAT community, regardless of nacionality in CR is not paying their fair share while living there??
[quote=”Scott”]Ha!
You’ve been here long enough to know that nothing is for “sure” in Costa Rica….
Be prepared and always expect the unexpected!
😆
Scott[/quote]
NOOO:
I know NOTHING!! All I know is that my Tica wife (of 40 years) is waiting for my retirement in 18 months to drag me with clothes to the Airport on or in my underwear into a plane to go and live in CR.
And “DAMM” the consecuences. It is CR or NOTHING, ZERO, NEIN, NYET for her.
I am being held HOSTAGE until my retirement by my job and the PRISIONER in CR by my wife.
But I like the idea!!
What is sure to be taxed is the Foreing Income regardless of where you live and by your Citizenship.
Yes, I agree up to a point but to a point. I never ever used the services in CR while living and paying my fair share in the USA. If I move to CR as a retired person, I don’t compete with them for a job and still pay their taxes for purchases, visits their Restaurants and spend $$ and that pays their rent and workers salary.
Not counting, renting or buying a house, using a Taxi and buying food at the market or “Pulperias” and paying for other services that help the economy of CR.
In the meantime my 1040 goes back to the USA every year with my taxes while I am living in CR?? Is that FAIR??
Living in CR with a pension from the USA means you pay taxes where you made your income. I did not make a DIME in CR and will get a TAX from my pension in the USA?? What about a CR citizen that genertes his income from CR, should he pay taxes to the USA if he lives in Florida??
Maybe IF you earn Foreign Income while living in CR you should and be taxed in the country you live.
Yep;
and then you have to translate it in Spanish.
I will make it easy for you
http://www.casacanada.net/arcr_info/arcr_s.html
all your questions will be answered, CORRECTLY
TAXI drivers;
some of the most AMAZING people, we use the same company and the drivers know us by name, very simple when 25 people in the family use the same 3 taxi drivers.
you don’t know CR until you find out about those taxi drivers and I mean the same one that picked me up yesterday, today and tomorrow, same one all week long
for all the wrong reasons you posted, I can give you some 100% positive ones.
My house is in Desamparados next to La Guacima, Parque de la PAZ with walking distance with LOT’s of crime going on. But 15 of my wifes family live withing a 5 block RADIOUS.
Talk about cousins, brothers, half brothers, distant cousins, etc. and extend family that the people know from drug addicts (piedreros) to MH smokes.
I can walk for miles and give a 1,000 colones ($1.75) to the ones that need help and the voice goes around. Don’t mess with “him”.
Not saying that if you move outside that geographycal area you are safe but withing the confines of my area, I enjoy Costa Rica and in San Jose.
At night and outside this comfort ZONE, I am toast and lost all my protection that surroundes me in the BARRIO.
I would rather live in CR with the dangears it has than in NYC, but that is just ME because my wife is from CR and the allimony I would pay would be ASTRONOMICAL, if ?? I decided to do a stupid thing like that compared to a SMOOTH ride I have for 49 years.
Not ready to sell the farm, YET!!!
Sad but true;
Grecia, San Ramon even Heredia where COW towns 40 years ago, not anymore. Even in Desamparados next to “La Guacima” in San Jose, (Parque de La Paz area) houses where (past tense) in the $20,000 ball park they are now in the $90,000 range and in just 30 years. You spend more on security expenses than on Utilities.
Blame the Economy, BAD everywhere, unemployment is rampant with 10-15% officially but close to 20% or 1 in 5 are not working.
Don’t know of any retired people commiting roberies since the AARP generation collects different retirements’ SSA being one of them.
Maybe the young generation and out of work needs some $$$ and the old folks have plenty of it, who knows?? what is the cause and effect of this experiment.
San Jose, Costa Rica is also the most expensive city in Central America
the average home price is $125,000 and 33% are renting
the average salary in CR is $550.00 a month
OF course if you have dollars, euros this does not apply to you but if you are a TICO and have have colones, SORRY!!!!!
Uruguay and Equador have a better standard of living than Costa Rica compared to “FOREIGN” investment in CR
take my post with a grain of SALT, since I am married to a TICA and have a house in Desamparados
DAMM!!!
I should of married a woman from XXX country but that is not the case
[quote=”sprite”]Unions, just like governments and political parties, get co-opted by the big money. Both of you are chasing one another’s tails in a vicious circle by playing the false two party socialism versus capitalism game that has been set up by the elitists to distract you from the real problem.
The real problem is the economic system based on money. This system designs obsolescence and scarcity of goods in order to maintain demand without which, the whole thing would come tumbling down….and it is doing that anyway because it is unsustainable. While you argue that one side or the other side is to blame, it should be evident that regardless of who has been in power, things always go the same direction. Don’t you ever wonder why that is? Wake up![/quote]
Your fancy words don’t impress me and I am WIDE AWAKE, 40 years working in a Union based work, go and spit on the ones making MIN wage and find out how they live.
Bet you:
$1,200 a month in SS
$1,500 a month from the Veterans Administration
$680.00 a month from the USPS
$500.00 from a 401Kand I worked for all of it making the right decisions
“The real problem is the economic system based on money.”
REALLY!!!
You barter, trade chickens and pigs for SURVIVAL while I use a currency model, you use the OLD school
BUD
go and work for Walmart and be HAPPY:D:D:D:D
with minimun wages and NO RETIREMEMT and no UNIONS
small people think SMALL, MIN wage is close to $8.00 an hour
40 hours X $8.00 = #$320.00 a week (GROSS)
I bet you would like your children to MAKE this amount of $$$
Get a Vasectomy
[quote=”kimball”]I dont know what Poland’s union problems in the 80’s has to do with this conversation, but if we must go there…. Unions are a big part of the problem. I saw it first hand when i was in the local 7, how the negotiating team would act like they owned the companies or something. They would brag how they were going to get us $1.25 this year and then $1.75 next year and another $.75 the following. I would ask them how the company was going to afford to pay us that and still stay competitive with other non union outfits. They didnt care. They just assume bust the company. Its crazy, we worked for the company, we didnt own it. And of course our company and the rest of them went under in 2 years.
Unions back in their creation were needed to stop brutal labor practices but those days are long gone. There are now enough labor laws on the books to protect workers.[/quote]
WHO??? gave you sick days!!!!
WHO??? gave you vacation days!!!!
WHO??? gave you retirement benefits!!!!
WHO??? gave you decent wages!!!
I guess it was the company you worked for and not the Unions’
In this time and age the Unions know how much PROFIT the Company does and 1/10th of it goes to the workers.
The Company went “BELLY UP” because of the Union??? HOLLY SHEET, the Union made the Companies decisions, NO! the Union made the price and competition, NO!
The Union kept the company working until the Company made the wrong turn and down SOUTH did the company go and all the Union members.
Unemployment #’s just went NORTH, because of the Unions?? or because of BAD management decisions??
Pick your POISON
