9November2009

Transat Jacques Vabre 9000 mile boat race to Costa Rica begins

Posted by richardb under: Sport.

Jacques VabreThe 9th Transat Jacques Vabre competition began yesterday as 20 competing boats (14 Monohulls and 6 Mulithulls) left Le Havre in Northern France and started on their 9000 mile journey across the Atlantic to Limon, Costa Rica. Read the rest of this entry »

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6November2009

Oscar Arias, President of Costa Rica, Hacked

Posted by richardb under: Economy & Politics.

Oscar AriasOscar awoke yesterday to a big flag of Nicaragua on the Presidential House Website after hackers hacked the ‘low cost’ software that was running the website.  Currently the website is down until it can be assured that hackers can no longer access the website and change its content. Read the rest of this entry »

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5November2009

World Bank Lends Costa Rica Money to repair bridges

Posted by richardb under: General News.

Wolrd BankAfter the collapse of the hammock suspense bridge between Turribares and Orotina 2 weeks ago, Costa Rica has been approved a loan of $15m to reapir 10 of the most important bridges in Costa Rica.  The World Bank left the door open offering up to $60m to the Costa Rican Government to repair any other bridges. Read the rest of this entry »

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3November2009

Costa Rica Officials Changing the Tax Free Zones

Posted by richardb under: Business & Real Estate.

Free Trade ZonesLeading members of the PLN, PAC and FA (Costa Rican Political Parties) are delaying reforms on the new ‘Lower Tax Zones’.  Currently ‘Lower Tax Zones’ are located all over Costa Rica but mainly in the Heredia and Santa Ana area.  Companies benefit from fixed rate Corporation Tax of around 15-17% compared to the normal 30% in Costa Rica.  The original idea was to develop less developed city areas and to bring more jobs to the Central Valley. Read the rest of this entry »

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2November2009

NGO includes Costa Rica in the Tax Havens list

Posted by richardb under: Economy & Politics.

The Tax Justice Network(TJN) announced today that Costa Rica and Panama are on the list of 60 countries, states, Islands that are considered Tax Havens.   Some other areas on the list are: The State of Delaware (USA), Belize and Gibraltar.

On the TJN’s opacity rating score, Costa Rica scored an 8% Transparency rating and 92% opacity rating.  This means that on a financial transparency level Costa Rica has a very low score.  The reason for this low score according to the TJN is: Read the rest of this entry »

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27October2009

Costa Rica Luxury Home Tax that house owners cannot calculate

Posted by richardb under: Economy & Politics.

Luxury Hoem Tax Costa RicaIn 2008 a ‘Luxury Home Tax’ was passed that allowed the government to collect taxes on houses in Costa Rica with value of over 100 million colones (around $185,000).

However the tax must be paid by 15th January 2010 but most home owners who are liable for this tax cannot calculate how their tax is.  Constructura Costa Rica stated that around 95% of people will not be able to calculate their own tax and will need a specialist.  Deloittes stated that it is a very arduous and boring task. Read the rest of this entry »

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26October2009

Tourists in Costa Rica Spending Less in 2009

Posted by richardb under: Travel and Tourism.

This year saw over 1000 flights being canceled to Costa Rica as Airlines saw numbers of travelers decreasing and also more of a need to cut costs.

2008 - $1040 per person on a 10 day vacation.

2009 - $855 per person in 9.5 day vacation (10 days would be $900) Read the rest of this entry »

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22October2009

Suspension bridge in Costa Rica collapses

Posted by richardb under: General News.

BrifdgA suspension bridge on the back roads between Orotina and Turrubares across the Tarcoles River collapsed as a local bus carrying 34 was crossing.  The bridge was an old suspension bridge that was about 30ft above the river below.  Unfortunately 5 people were killed in the accident and local officials used cables and boast to reach others located on top of the bus.

Locals are currently furious art the government as they had on various occasions complained to local officials that the bridge was unstable.

Currently on all major tourist routes there are no suspension bridges, most are located in rural areas.

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21October2009

Costa Rica has advantage over Uruguay for last World Cup spot

Posted by richardb under: Sport.

The first leg of the Costa Rica qualifying match for the last spot for the World Cup in South Africa 2010 will be played at the Saprissa stadium in Tibas, San Jose, Costa Rica.  However Costa Rica will have a huge advantage at home and it is not just the home crowd that will be helping them.  The Saprissa ground is a synthetic grass that is approved by FIFA and can be used for International matches.  Some other teams have fallen victim to Costa Rica playing on this type of surface because the ball moves a lot faster over the surface and also it can be slightly slipier for players.

Renee Simoes the current Costa Rica coach said that the surface will give Costa Rica the upper hand.  Simoes saw his automatic chance to take Costa Rica to the World Cup slip away due to Costa Rica’s lack of defense in the final minutes of the match in Chicago against the US.

Simoes stated that ‘the leg against Uruguay will be very difficult. Playing with 70,000 people behind Uruguay is not easy, it’s a lot of people. ”

All of Costa Rica will be hoping that they go to their 3rd World Cup in 2010.

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7October2009

Limon Festivals approved by Health Ministry of Costa Rica

Posted by richardb under: Travel and Tourism.

la Nacion Festival of LimonThe health Ministry of Costa Rica today gave final approval to the Limon Festivals on the Caribbean Coast of Costa Rica.  The festivals willl begin today and continue on until October 18th.

Maria Luisa Avila, senior official of the ministry, stated that Limon had been given the final approval as there is not a high risk of flu AH1N1 (Swine Flu), or dengue fever.  She said it would also take a lot more than te flu to stop the Limonese people and their festivals. Read the rest of this entry »

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6October2009

Former Military Vets to get up to 11% off their vacation to Costa Rica

Posted by richardb under: Company Goings on.

Military VetsThe word on the grape vine in Costa Rica is that Costa Rican vacations, one of Costa Rica’s leading luxury travel agencies is about to offer up to 11%  off their vacations to any military vets.

The reason cited for this generosity is that with the up and coming veterans day on November 11th it is a way for CRV to give back to people that serve. Read the rest of this entry »

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6October2009

Costa Rica Ex-President receives 5 years in prison

Posted by richardb under: Economy & Politics.

CalderonAfter nearly a year in court the ex-president of Costa Rica between 1990-1994, President Rafael Ángel Calderón Fournier was sentenced to five years in prison on two counts of embezzlement against the State.  President Calderon is the first ex-president of Costa Rica ever to be convicted of corruption, however people in Costa Rica state he is the only one ever to be caught. Read the rest of this entry »

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5October2009

7 men and 2 women will fight to become the next President of Costa Rica

Posted by richardb under: Economy & Politics.

Costa Rica PresidentCurrently there are 7 men and 2 women leading the qualifying race to become the next President of the Republic of Costa Rica.

Today marks the registering of the electoral registration process of candidates for the more than 1,000 elected positions (President, legislators and aldermen) which in four months will be filled. Read the rest of this entry »

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2October2009

Isla de Coco Costa Rica is one of the cleanest places on planet

Posted by richardb under: Travel and Tourism.

Isla de Coco Costa RicaNational Geographic has just come back from Costa Rica’s Isla de Coco (Coco’s Island) which lies 500km West of Costa Rica’s Pacific Coast and has stated that it is one of the most purest and cleanest places on the planet.

Over the past 3 weeks 15 scientists have been diving, gathering research and filming.  Yesterday they returned to Costa Rica’s mainland and stated that the reasons that it is one of the most purest places on the planet are: Read the rest of this entry »

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30September2009

Government of Costa Rica has no money to pay Xmas Bonuses

Posted by richardb under: Economy & Politics.

ColonesThe Government  of Costa Rica has stated that they have no money to pay bonuses in the public sector in December.  By Costa Rican law all employees throughout the country in December receive an extra months pay, this means they get 13 monthly payments and receive 2 of these in December. Read the rest of this entry »

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28September2009

China’s Gift to Costa Rica Police Force comes without spares

Posted by richardb under: Economy & Politics.

Costa Rica Police CarIf you walk around San Jose you will see a new brand of Police Cars on the street and also some big smiling policemen.  The reason for this is because China donated a bunch of Police Cars as part o their Free Trade Agreement with Costa Rica back in 2008.

Costa Rica received funding, a new national football stadium and around 200 new police cars (as pictured to the right).  However we are all still unaware of what China got back in return?  People are asking whether it was shark fins?  Oil drilling rights? Read the rest of this entry »

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25September2009

San Jose - Caldera Super Highway Stopped in Costa Rica

Posted by richardb under: Uncategorized.

AquiferThe 15 years in production super highway between San Jose and Caldera which will open up the Central Pacific coast to people flying into San Jose has been suspended today by the Tribunal for the Environment. Read the rest of this entry »

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23September2009

The Dry Wet Season 2009 in Costa Rica

Posted by richardb under: Travel and Tourism.

Costa Rica WeatherIf you are currently living in Costa Rica or are about to visit during the months of September or October, typically you will expect heavy rains in the afternoons where the roads turn to rivers and there a land slides throughout the mountains.  However this year has to be the biggest upset to the normal weather pattern with San Jose receiving less than 50% rain days in September so far. Read the rest of this entry »

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9January2009

14 Dead and More Missing as Earthquake Strikes Costa Rica.

Posted by Charlie under: General News.

Earthquake hits Costa Rica

Residents of Costa Rica are waking up today following the worst earthquake the country has seen in several decades. At approximately 13:21 MST the quake struck at a force of 6.2 on the Richter scale with its epicenter just 22 miles from the capital city of San Jose near to the Poas Volcano. Despite the epicenters relative closeness to the volcano, experts do not believe that the earthquake was in anyway related to volcanic movements.

Read the rest of this entry »

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17November2008

Chinese President Makes Historical Visit to Costa Rica

Posted by Charlie under: Economy & Politics.

President Hu Jinato and President Oscar Arias in 2007President Hu Jinato visits Costa Rica

 

History was made last night as Chinese President Hu Jinato flew into Costa Rica making him the first Chinese Head of State to visit a Central American Country. The visit had been planned for some time and shows that relations between the Asian Superpower and Costa Rica continue to improve following the Central American country’s decision to switch diplomatic ties from Taiwan to China.

Read the rest of this entry »

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