davidd

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Viewing 15 posts - 76 through 90 (of 502 total)
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  • in reply to: Speaking of FATCA #172056
    davidd
    Member

    I am going to speak with an officer at immigration next week to see if there is anything on the cedula that states if your chinese, american german, etc.

    [quote=”davidd”]Scott

    I will research this.. more in depth.. but so far what I am understanding is that this is geared specifically with people that opened up bank accounts with U.S. passport.

    people that are [b]legal residents[/b] here and opened up the bank account with the cedulas.. will not apply

    This is what came out of the Banco nacional general manager.. who we had lunch with .. with my attorney.

    since a legal residence cedula.. at a [b]banking level[/b] (NOT at immigration level..but banking level) does NOT differentiate between where you are from.. Nicaragua, Britain, us, Germany.. etc all it reveals is that one is a legal residence.

    Don’t get me wrong.. I am sure a bank can if they wanted to go and drill down and get all the paperwork to see who is british, who is american, who is german, who is chinese, who is etc.. but I doubt this..

    I will further research this.. if there is one thing I have found here in this country.. is that.. many times one hand does not know what the other is doing.

    [quote=”Scott”]”This will have no bearing on legal residents that opened a bank account with their cedula” except that any and all private and public banks in Costa Rica will share all U.S. citizen banking information with the U.S. whether the U.S. citizen has a cedula or not…

    Scott

    [/quote][/quote]

    in reply to: Speaking of FATCA #172055
    davidd
    Member

    Scott

    I will research this.. more in depth.. but so far what I am understanding is that this is geared specifically with people that opened up bank accounts with U.S. passport.

    people that are [b]legal residents[/b] here and opened up the bank account with the cedulas.. will not apply

    This is what came out of the Banco nacional general manager.. who we had lunch with .. with my attorney.

    since a legal residence cedula.. at a [b]banking level[/b] (NOT at immigration level..but banking level) does NOT differentiate between where you are from.. Nicaragua, Britain, us, Germany.. etc all it reveals is that one is a legal residence.

    Don’t get me wrong.. I am sure a bank can if they wanted to go and drill down and get all the paperwork to see who is british, who is american, who is german, who is chinese, who is etc.. but I doubt this..

    I will further research this.. if there is one thing I have found here in this country.. is that.. many times one hand does not know what the other is doing.

    [quote=”Scott”]”This will have no bearing on legal residents that opened a bank account with their cedula” except that any and all private and public banks in Costa Rica will share all U.S. citizen banking information with the U.S. whether the U.S. citizen has a cedula or not…

    Scott

    [/quote]

    in reply to: Speaking of FATCA #172053
    davidd
    Member

    Scott

    it is my understanding from personal experience that this really will affect Americans that open bank accounts with US passport..

    because I had a recent meeting with bank manager banco nacional and she told me that this will have no bearing on legal residents that opened a bank account with their cedula..

    what has been your experiences??

    in reply to: RE: Costa Rica Retirement Tours #163914
    davidd
    Member

    I knew I felt a uneasy chill in the air.. reminded me of that movie

    something wicked this way comes 🙂

    no seriously.. I am glad you had a good and safe trip

    sorry to hear about Randall Zamora not showing up.. he is an excellent person to know.. and is very knowledgeable..

    [quote=”sweikert925″]After 4 trips to Costa Rica I can still say I’ve only ever had one bad meal there, some undercooked Tilapia that I ate at a restaurant near Manuel Antonio – its the one with an airplane fuselage sticking out of the front of it. I can’t remember the name, but I’m sure some of you must know which one I’m talking about. There were 2 restaurants this trip I really liked. Mi Choza in San Ramon, where George took us to lunch was great – just the kind of place I love to eat at in Costa Rica. The quality and variety of food was superb and they gave us 6 or 7 different fruit drinks to sample which were all wonderful. The other one, where Mike and I had dinner in La Fortuna, was also great – off the beaten track, so it is not so much a place where gringos go but the steak was excellent. I wish I could tell you the name but I forgot what Mike told me the name was, so I emailed him to ask.

    On previous messages exchanged here I got the impression that my oriental carpets would not be worth bringing down when I move due to mold. But I visited several houses on this trip that had oriental carpets on the floors and George told me that as long as your house is designed with good airflow and lots of light, mold shouldn’t be an issue. He also has a device called an ozone generator to deal with it but I’ve read literature that to be effective in fighting mold, the level of ozone [url=http://www.jenesco.com/ozone-generator-danger.htm]would have to be higher than is healthy for humans to breathe in.[/url] If anyone who has experience with one of these gizmos has information to share, please do so.

    Randall Zamora was to have given a presentation about tax and banking issues for expats going through the residency process but he never showed up and never informed George that he wasn’t going to make it. That may have been my first experience with the “Tico time” phenomenon that I’ve heard so much about.

    I usually arrive at airports about 90 minutes before my flight is due to depart and that is usually ample (even at O’Hare). But on my flight home from San Jose I nearly missed boarding because the line to check in for the flight took forever. I have no idea why, there were maybe 40 people in line when I got into it and it took nearly an hour to get to the front of the line. Add to that the lines for the departure tax ($29 now, didn’t it used to be $27?) and the security screening and it was only because an airport security policewoman took pity on me and let me divert into the express line that I made it to my gate on time. So its 2 hours ahead of my flight from now on I guess.

    This being my first trip during the wet season, I took the precaution of bringing insect repellant, even though I don’t like the idea of spraying myself with deadly chemicals. But after the third day I forgot to apply it and didn’t get bit once, though I should point out that I didn’t tromp through any jungle areas or wade through any swamps.[/quote]

    in reply to: Drop in the bucket? Illegal immigration increasing… #204502
    davidd
    Member

    [quote=”Scott”]Not sure I fully understand your comments Sprite…

    Why would the feds be helping illegal alliens to enter the U.S?

    Scott[/quote]
    Scott

    how was your trip???

    regarding yor question about why the feds would be helping…?? there are some theory’s regarding this as this in my opinion is not accidental..

    I forgot the name of one theory regarding to overload the current system and when it becomes so overwhelmed the people clamor for the government to come in and provide a solution..

    interesting

    in reply to: Congratulations Los Tico’s #199024
    davidd
    Member

    do you have the link to that story.. those wankars 🙂

    [quote=”orcas0606″][quote=”davidd”][quote=”bogino”]On another [b]IMPRESSIVE[/b] World Cup victory today.

    I hope they can keep it up. :D:D[/quote]

    I agree.. the excitment is in the air..[/quote]

    It appears that FIFA can’t accept the fact that Costa Rica was able to defeat two of their favorites so they called in the anti-doping pólice. Seven Costarican urine samples were taken and only two from the Italians. Did you see the clear penalty that wasn’t awarded to CR when Campbell was dumped in the box? Once again we see that the money is more important than the game. Sure hope that the tests come back negative and they beat the Brits!!!! Love the vibes………..[/quote]

    in reply to: Congratulations Los Tico’s #199021
    davidd
    Member

    [quote=”bogino”]On another [b]IMPRESSIVE[/b] World Cup victory today.

    I hope they can keep it up. :D:D[/quote]

    I agree.. the excitment is in the air..

    in reply to: Speaking of FATCA #172051
    davidd
    Member

    [quote=”sweikert925″]

    By the way, greetings from Heredia![/quote]

    [b]OMG your here!!! [/b][size=200][/size]:roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll::roll:

    now I feel better. 😀

    in reply to: Speaking of FATCA #172049
    davidd
    Member

    [quote=”sweikert925″]Nope, I went outside and checked, the sky is exactly where it was before.[/quote]

    Sweikert

    everything is fine.. the world is exactly where it should be..

    you keep doing what your doing

    btw it was every appropriate changing your avatar to its new cartoon character 😉

    in reply to: Speaking of FATCA #172047
    davidd
    Member

    no wonder why we are seeing these trends

    http://www.marketwatch.com/story/record-numbers-of-expatriates-renounce-us-citizenship-2014-06-17

    [quote=”sprite”][quote=”johnnyh”]http://www.thedailybell.com/exclusive-interviews/35393/Anthony-Wile-Nick-Giambruno-on-FATCA-GATCA-and-the-Changing-Investment-Scene-Worldwide/

    Interesting read that has been brought up in the past.[/quote]

    Further reading for an explanation as to why we are seeing capital controls being put in place.
    http://www.shtfplan.com/headline-news/fourth-turning-accelerating-no-escaping-the-dire-deadly-and-dangerous-times-directly-ahead_06162014%5B/quote%5D

    in reply to: Speaking of FATCA #172044
    davidd
    Member

    Sprite

    thanks for the update..

    I was more looking at the tax implications vs consumer living index.

    20% is not bad if the overall taxes are significantly less.

    and infrastructure and crime.

    I love Costa Rica.. to live

    to do business here is insane since government here does NOT support small business here at all.

    I know this from experience.

    but things are changing here and and the cost is rising and again.. taxes will start appearing out of air.

    [quote=”sprite”][quote=”davidd”][quote=”johnnyh”]http://www.thedailybell.com/exclusive-interviews/35393/Anthony-Wile-Nick-Giambruno-on-FATCA-GATCA-and-the-Changing-Investment-Scene-Worldwide/

    Interesting read that has been brought up in the past.[/quote]

    Johnny Handsome

    thanks for that… interesting about puerto rico.. never heard about that.. and worth checking out..

    curious as to the cost of living there..

    [/quote]

    Puerto Rico is about 20% more expensive than Costa Rica.

    http://www.expatistan.com/cost-of-living/comparison/san-jose-costa-rica/san-juan-puerto-rico

    My wife was born and grew up there.I knew the island well enough some 20 years ago to be able to say that, although it is a pretty place, its physical beauty does not match that of Costa Rica. The infrastructure was better than what I currently see in CR and, for those that care, English is widely spoken and, of course,, the dollar is used.
    All of the above considered, I still choose Costa Rica. Puerto Rico is currently suffering such economic problems that residents are leaving the island. There one million more Puerto Ricans outside the country than inside.[/quote]

    in reply to: Speaking of FATCA #172042
    davidd
    Member

    [quote=”johnnyh”]http://www.thedailybell.com/exclusive-interviews/35393/Anthony-Wile-Nick-Giambruno-on-FATCA-GATCA-and-the-Changing-Investment-Scene-Worldwide/

    Interesting read that has been brought up in the past.[/quote]

    Johnny Handsome

    thanks for that… interesting about puerto rico.. never heard about that.. and worth checking out..

    curious as to the cost of living there..

    in reply to: Considering retiring to Costa Rica #162513
    davidd
    Member

    Sue

    I am sorry to hear about your husband and it proves true that the best memories are the insurmountable adventures you made surmountable..

    [quote=”sueandchris”]Costa Rica was a wonderful place to live. My husband and I retired there and lived in Atenas for three years. Living there was both wonderful and a pain in the butt. It is hard to get established (residency, banks, CAJA, etc.) and that said, it was totally worth it. Costa Rica is NOT much cheaper to live in than the U.S., especially if you live modestly. (Wealthy folks seemed to think it was a better bargain because of the low cost of “help”.) We lived modestly and found it to be a comparable cost of living. We owned a house, one modest car and our main luxury was eating lunch out a few times per week. We did know some folks that were living more cheaply, but they were often renting very modest apartments and in some cases owned no car. In Atenas it is probably possible to live without a car, but only if you live in or near town. BTW, Atenas is a wonderful place to live.

    Some Spanish is not only necessary but establishes you with the good folks of Costa Rica as a fine person.

    All of that said, our years in Atenas remain the best memory of our lives together. We moved back to the States and my husband died shortly thereafter. I will always return to “mi pais” Costa Rica and I often wake up dreaming that I am still there.

    If this is your dream, just do it. There are difficulties, but difficulties abound in life anyway. The difference will be that the beauty of Costa Rica just gets in your heart.

    Good luck. Sue[/quote]

    in reply to: 90 day stay #162887
    davidd
    Member

    this is a ploy to get you to the airport so they can deport you :(:(

    [b][/b][quote=”aguirrewar”]I got here Dec 2013 with a 90 day visa and plan to leave next month (June) this means I have overstated my visa for 3 months and was under the impression that I would be penalized $100.00 for every month over my 90 day visa.

    I decided to call Immigracion and inform myself on this issue because I also did read about overstaying over the 90 and if you did not pay the $100.00 a month penalty you would be penalized 1 month for every month over, OR be penalized of not being able to return for that period.

    They told me today that they are not enforcing this Law anymore.

    I have tried to get confirmation thru “La Gaceta” but been unable.

    So I called the Airport (Juan Santamaria) and they did confirm, NO LATE EXIT PENALTY.

    [/quote]

    in reply to: Considering retiring to Costa Rica #162510
    davidd
    Member

    DraginRat

    I applaud your sense of adventure especially in an age where people have become so solidified in their thinking of whats possible.

    relocating to any new country is a very individual thing based on many factors. and although you can use some of the information on this site to good use.. it will inevitably be a personal experience.

    my advice would be to get a general idea of what is comfortable or important to you and look for an apartment to rent and do this for a while until you start acquiring the most important thing….

    [b]DATA[/b][size=200][/size]

    then you can make adjustments along the way.

    I personally would not make costa rica a retirement destination.. and would broaden you search a bit.. but to each his own.

    Costa Rica currently does not do anything to want your retirement business and this will continue and the cost of living here is going up pure and simple. the only ones that promote Costa Rica are the ones trying to sell you

    1.) The dream which we Americans are always looking for

    2.) real estate

    I hope you can appreciate an honest opinion..

Viewing 15 posts - 76 through 90 (of 502 total)