Costa Rica New Tax Law Helps Local Business
Costa Rica will attempt to mitigate the effects of the global economic crisis by authorizing the Costa Rica Tax Administration to offer a special accelerated depreciation for all new assets from 50% tio 60%. This measure applies to all new assets purchased from January 2009 until the end of the fiscal year. The move comes as part of President Arias’s new “Shield Plan” where he hopes to protect the country from recession by implementing a series of temporary fixes to promote commerce and …

The Calvary Fellowship Church of Jaco wants you to join them in a spectacular event that they have organized for everyone. The Conquerors are a team of athletes who are demonstrate God’s strength through their amazing feats. They will be visiting Jaco in conjunction with the Organization; Book of Hope.
These two amazing groups have joined forces to send a message of hope and inner strength to young people and families of Jaco.
They will also be visiting local schools from Feb 18 to Feb 20. The presentation includes amazing demonstrations of …

Transit Law- Passed in First Session 
 
The reforms to the “Ley de Tránsito” included stiffer fines of up to ¢227.000 colones for offences such as D.U.I.’s , up from the current ¢20.000, and from six months to eight years in prison for manslaughter, death resulting from a traffic accident and driver’s license suspension 3 to 15 years. 
 
The law also incorporates a point system. Each driver is given 50 points and points are deducted with each infraction. The demerit points are based on an established list of infractions. Once the driver reaches …

The Path to implementing CAFTA is a Long and Hard One.
The politics of a state run monopoly have always amazed me, especially when the state itself is run by indecisive, un-thorough, bickering bureaucrats. Now that the Costa Rican Electricity Institute (ICE) has been set loose into an open yet empty telecom market, breaking free from the reigns of regulation by Aresep (the state regulating authority), they have proven their business ethics by immediately raising phone rates for their customers. The decision was met by stern disapproval, with government officials complaining that the …

As opposed to last years fiasco where the organizers located the festival grounds in a sodden earth vacant lot that turned into a swamp when the rains began. This year, the Jaco Arts Festival was held at the new Ecological Park in Jaco donated by the Chinese government.
Hand-laid brick sidewalks, kidney shaped islands filled with tropical plants, night-lighting, and a heavy police presence was a dramatic shift from last years show. It seems that the organizer learned his lessons and applied them in earnest. The result was a magnificent event …