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My comments earlier this morning discussing this on Facebook were:
“Big Brother now firmly entrenched in Costa Rica as country agrees to automatically share banking and tax information. “….we are determined to tackle cross-border tax fraud and tax evasion and to promote international tax compliance through mutual administrative assistance in tax matters and a level playing field…”
See the [url=http://www.oecd.org/mcm/MCM-2014-Declaration-Tax.pdf]May 6th 2014 OECD document here.[/url]
A little country like Costa Rica – which needs to be able to trabsfer US dollars through the international system – really has no power to stand up against the U.S. financial authorities if it wants to be able to continue to move dollars…
IMHO there is no competition….
Segua is the best beer for me in Costa Rica but unfortunately it’s not that easy to find.
The fish restaurant in Avenida Escazu ‘Producto C’ serves it on draft.
You can see a [url=http://www.beeradvocate.com/beer/profile/24807/69943/]review of the Segua microbrewery beer here.[/url]
You can read more about the fascinating legend of [url=http://www.gothic.stir.ac.uk/blog/La-Segua-A-Warning-to-Drunk-and-Unfaithful-Men/]La Segua here.[/url]
Hope that helps …
Scott
[img]https://www.welovecostarica.com/public/images/Segua.jpg[/img]
Isn’t he extraordinarily young to be so extraordinarily wealthy? He has $100,000,000? And he’s not even a hedge fund manager? 😉
The environmental concerns of building an interoceanic canal are surely enormous, don’t you think?
Scott
I can NOT imagine how you would be able to do this without an account in a Costs Rican bank.
A U.S. bank would have to be able to have bacl-office access the systems at the Caja Costarricense de Seguro Social and as far as I know, none of them have that access.
Scott
Sure! I pay my CAJA payments online every month – I should thank you for reminding me…
As you can see from the screenshots below (with private data erased) I have just paid…. I do everything I possibly can to avoid visiting any bank.
[img]https://www.welovecostarica.com/public/images/CCSS-a.jpg[/img]
I pay through my BAC San José bank account…
[img]https://www.welovecostarica.com/public/images/CCSS-4.jpg[/img]
Does that help?
[quote=”davidd”][quote=”sprite”]I don’t know if this anecdote is significant or even news, but the wife and I were shopping at the farmer’s market in Atenas a few weeks ago and I noticed among all the beautiful, fresh local produce on display, strands of wrapped garlic with country of origin markings of “China.” The vendor explained it is cheaper to pay the import prices than to grow it. I wouldnt be surprised to see this in a super market, but at a farmer’s market?!!![/quote]
Sprite
this is interesting!!!! how can importing a vegetable actually be cheaper than growing it here????
[/quote]
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As far as I know Costa Rica is simply not capable of subsidizing a variety of foodstuffs as they do in the U.S. and in the European Union so the reality is that these prices are artificially low.
A subsidy paid by the EU to dairy farmers is part of a Europe-wide initiative called the Common Agriculture Policy to provide farmers with a reasonable standard of living, consumers with quality food at fair prices and to preserve rural heritage.
I’m assuming that this is why my favourite goat and blue cheeses comes from Denmark and are priced lower than the locally made cheeses.
Dr. Mercola wrote about this at: [url=http://articles.mercola.com/sites/articles/archive/2011/08/03/the-9-foods-the-us-government-is-paying-you-to-eat.aspx]The 9 Foods the U.S. Government is Paying You to Eat[/url]
Corn
Wheat
Soybeans
Rice
Beer
Milk
Beef
Peanut Butter
Sunflower OilAnd of course who can compete with Chinese labour costs? We certainly can not ….
Does that make sense?
Please be more specific Martin…
You are asking for a referral for a quality builder in that area?
Or,
You are asking for “any ideas” on how to build your home?
Scott
[url=http://www.elfinancierocr.com/negocios/Ocupacion-hotelera-Semana-Santa-turistico_0_509949003.html]According to CANATUR[/url] (The Costa Rican Chamber for National Tourism) Semana Santa Hotel Occupation was at 72% down from 80% the previous year…
[quote=”sprite”]Tourism is more important now since Intel is closing shop here. It looks like Intel may have been ordered to make a strategic political move of assets to another area:
http://phys.org/news/2014-05-intel-bn-israel.html%5B/quote%5DHow very strange that an investment of this size by a company of this size is not featured in the mainstream press?
Thanks Connie
It has been my personal experience that doing the right thing is NEVER good for your bank account but I normally sleep well…
Besitos …
Scott
Agreed costaricabill and davidd – great feedback thank you …
So if you’re like me you probably think that the new Esencial advertising campaign is a complete pile of sh*t, do you?
[img]http://www.qcostarica.com/wp-content/uploads/2013/09/esencial-home_bg.jpg[/img]
Scott
[quote=”Imxploring”][quote=”Kwhite1″][quote=”davidd”][quote=”jreeves”]I forgot to add…
The new CAJA amount for rentista residency is $442 a month if under age 55 and $252 a month if over age 55.
Jessica[/quote]
wow!!! :shock::shock::shock: I am glad I got in when I did as I pay $40 bucks a month for my family
[/quote]
Wow….$442 a month! I guess thats where Barry O got he idea![/quote]
They have to fix CAJA somehow…. why not start by milking rich Gringos that can be held hostage for fear of losing their residency status…. after all they all have money trees in full bloom somewhere!
The next step will be folks giving up their residency status, unable or unwilling to be extorted for these new fees….and going the PT route to stay in CR… I know a few that fall into both categories. But I have a sneaky suspicion that those that do give up or let their status lapse will wind up on an immigration watch list and will be in for some unpleasant surprises when doing the PT shuffle.[/quote]
It’s not just Gringos…. We have wealthy Venezuelan clients (thank God for the Venezolanos) who are paying the same amount to the CAJA and more …
It all depends on the location, a serious problem can be lack of water in some areas.
This is NOT always due to a lack of rain – although Guanacaste does get less – it’s often due to bad water management.
And if you are one of those Gringos that can’t live without air conditioning, you will pay a steep price to be comfortable in Guanacaste.
Hope that helps.
Scott
