This industry has grown dramatically. Some 400,600 foreign tourists spent US$ 164million in 1988; of these, 123,600 came from the US and Canada. In 1992 more than half million foreigners visited Costa Rica, spent an estimated $200 million and created 15,000 jobs during the first six months of the year alone. Future growth is expected : an estimated 1.2 million visitors are projected to arrive during 1998 and a similar figure for 1999. The industry now employs half million Costa Ricans (17% of the population). On a par with bananas, tourism has become a major economic priority and a large number of new hotels are under construction, many of them owned by foreign investors. Unfortunately, many of the hotels, are being built with only short-term profit in mind, and without considering the effect such development will have on the local ecosystems. Some believe it is unwise for any local economy to place too much emphasis on tourism. Instability in the region, a major earthquake, civil disturbances, hyperinflation, even the whims of tourists could depress tourism sending the economy into a tailspin. Regardless, Intel Corporation's exports from the country recently raised the commercial balance to a higher notch, surpassing any other industry in Costa Rica.
In its haste to boost the influx of tourist dollars, the government of Rafael Angel Calderon Fournier began promoting large-scale resort development on the shores of the pacific northwest. More than 50% of visitors in 1991 mentioned that they were visiting Costa Rica to pursue some interest in nature. The government also positions Costa Rica as a comprehensive destination for the whole family, and particularly as a beach resort contender to Mexico and the Caribbean, but with abundant biodiversity and radical changes between microclimates within the driving hour.
Sprawling resort complexes, which had before that been scarce and catered to the Costa Rica high class, began sprouting from the jungle shoreline. Jaco Beach has been pinpointed for redevelopment and is currently a small city, with all the good and bad that implies. Puerto Limon is expected to prosper as cruise tourism booms. Chief among the projects, however, is the Gulf Papagayo Project encompassing several beaches in Guanacaste. The megaresort, being constructed by a host of Europeans and Mexican developers, will be the largest leisure city in Central America. Mexico’s Grupo Situr alone is planning to build 6,900 rooms in an initial project phase that includes more than 2,000 hotel rooms, 50 luxury villas, 400 family villas, and 700 apartments, complete with shopping center, golf course, and other supporting amenities. In all, more than 20,000 rooms may be developed.
The development covers 4,492 acres close to several national parks and wildlife reserves, and has come under heavy attack from conservation groups for destruction of the ecosystems over which the development is carried out and for the possible environmental long term-impact.
There have been a host of hotel closures in areas where the construction of resorts was carried out without proper planning. Manuel Antonio, next to the Manuel Antonio National Park saw 60 hotels populate it's roadsides in 10 years. Some 15 of those have had to close, as the profit margins shortens with the increase of competition.
Tourist Resorts are granted government incentives, but legal formalities have to be fulfilled before these can be granted. Plus, investments in the tourism industry are tax deductible
Sunday, May 31, 2009
costa rican money/currency
Costa Rica is the most expensive country in Central America. Just about every thing costs more than you might expect. Some prices, especially for upper-range accommodations, are analogous with those in the US, with never fails to astonish American travelers and those coming from the cheaper neighboring countries.
The US dollar has long been the second currency of Costa Rica. However, outside the tourist areas nobody really refers to dollars. The vast majority of Costa Ricans gets paid in colones, and buy and sell in colones, and you would do well to get the hang of the currency soon after you arrive.
The Costa Rican government regularly devalues the colon. As a result, its value has fallen steadily against the Us dollar over the past few years. Spring 1992 ushered in a dramatic reversal after the government eliminates exchange controls, forcing the Central Bank to lower interest rates in an attempt to slow the colon’s rise. The exchange rate stabilized for a while of approximately 135 colones to the dollar, and predictions were that the dollar would be worth 200 colones by early 1996. As of may 2000 it is 305 and is devaluating at around 17 cents per day. A yearly devaluation of 20% is expected.
Most banks impose a service charge for cashing travelers checks. Currency other than US$ can be exchanged only with difficulty. Canadian dollars and British Sterling can be exchanged at Banco Lyon, C. 2, Av. Central. Canadian dollars can also be exchanged at Banex, C. Central, Av. 1. German marks can be exchanged at the Banco Nacional inn San Jose. Some exchange agencies have opened around Central San Jose and foreigner expecting to stay for a while in San Jose might prefer to open an account with one of these for ease of exchange and avoiding long lines.
Banks are generally open Monday to Friday. It’s desirable to carry at least some cash with you. Be sure to carry small bills and coins when visiting villages where change may not be readily available for larger denominations, do not try to buy from street vendors with bills 5000 colones or over. Unlimited exchange of colones is permitted. Mayor credit cards are accepted by banks, most shops, and restaurants, but always ask or check for signs of on the windows of doors. Black marketers operate openly on Av. Central between calles 2 and 4 and at many other locations, but are not recommended. Once trustworthy, the black market has become increasingly infiltrated by con men who will steal your money or give you counterfeit $50 and $100 bills printed in Colombia.
The US dollar has long been the second currency of Costa Rica. However, outside the tourist areas nobody really refers to dollars. The vast majority of Costa Ricans gets paid in colones, and buy and sell in colones, and you would do well to get the hang of the currency soon after you arrive.
The Costa Rican government regularly devalues the colon. As a result, its value has fallen steadily against the Us dollar over the past few years. Spring 1992 ushered in a dramatic reversal after the government eliminates exchange controls, forcing the Central Bank to lower interest rates in an attempt to slow the colon’s rise. The exchange rate stabilized for a while of approximately 135 colones to the dollar, and predictions were that the dollar would be worth 200 colones by early 1996. As of may 2000 it is 305 and is devaluating at around 17 cents per day. A yearly devaluation of 20% is expected.
Most banks impose a service charge for cashing travelers checks. Currency other than US$ can be exchanged only with difficulty. Canadian dollars and British Sterling can be exchanged at Banco Lyon, C. 2, Av. Central. Canadian dollars can also be exchanged at Banex, C. Central, Av. 1. German marks can be exchanged at the Banco Nacional inn San Jose. Some exchange agencies have opened around Central San Jose and foreigner expecting to stay for a while in San Jose might prefer to open an account with one of these for ease of exchange and avoiding long lines.
Banks are generally open Monday to Friday. It’s desirable to carry at least some cash with you. Be sure to carry small bills and coins when visiting villages where change may not be readily available for larger denominations, do not try to buy from street vendors with bills 5000 colones or over. Unlimited exchange of colones is permitted. Mayor credit cards are accepted by banks, most shops, and restaurants, but always ask or check for signs of on the windows of doors. Black marketers operate openly on Av. Central between calles 2 and 4 and at many other locations, but are not recommended. Once trustworthy, the black market has become increasingly infiltrated by con men who will steal your money or give you counterfeit $50 and $100 bills printed in Colombia.
legal residency status in costa rica
t is important to know that North Americans can stay in Costa Rica legally for up to 3 months. They must then leave for a period of 72 hours, then can then return to the country for another three months. If the three-month period is overstayed, a travel agency or ARCR can arrange payment of a small fine and prepare the travel documents required to leave the country for the required 72 hours. Tourists can own vehicles, property, and businesses and generate income from self-employment. However if you intend to live in Costa Rica, it is recommended that you obtain Legal Residency. This may now be especially important as new legislation may be passed to prevent “perpetual tourists” from remaining in the country.
There are several options if you are considering becoming a resident of Costa Rica, and the process can be started after your arrival, however you will need to bring certain documents with you. In most cases residency takes about 4 months to process. If all of your documents are in order, and you don’t have any major criminal history, residency is almost guaranteed in many forms. The most common residency types applied for include Pensionados (persons receiving a lifetime pension) Rentistas (other retired individuals who don’t have a pension, but have investments to provide them with an income) and Inversionistas (Investors looking at going into business or investing in certain sectors). Pensionados, Rentistas and Inversionistas can claim their spouses and children under 18 as dependents. A child between 18 and 25 can be a dependent if he/she is enrolled in a university.
Another important recommendation before living here, or any country, is that you try first to make an extended visit to see how you like the country. Many people have different stories to tell, good and bad, but Costa Rica has a culture very different to what you may be used to. It is important to see how you can adjust, as well as give you an opportunity to have a preliminary look around at where you may like to live.
If you decide in the end to make the move, and apply for residency, but can’t decide which option applies to you, consult with the ARCR about your specific cas
There are several options if you are considering becoming a resident of Costa Rica, and the process can be started after your arrival, however you will need to bring certain documents with you. In most cases residency takes about 4 months to process. If all of your documents are in order, and you don’t have any major criminal history, residency is almost guaranteed in many forms. The most common residency types applied for include Pensionados (persons receiving a lifetime pension) Rentistas (other retired individuals who don’t have a pension, but have investments to provide them with an income) and Inversionistas (Investors looking at going into business or investing in certain sectors). Pensionados, Rentistas and Inversionistas can claim their spouses and children under 18 as dependents. A child between 18 and 25 can be a dependent if he/she is enrolled in a university.
Another important recommendation before living here, or any country, is that you try first to make an extended visit to see how you like the country. Many people have different stories to tell, good and bad, but Costa Rica has a culture very different to what you may be used to. It is important to see how you can adjust, as well as give you an opportunity to have a preliminary look around at where you may like to live.
If you decide in the end to make the move, and apply for residency, but can’t decide which option applies to you, consult with the ARCR about your specific cas
all about banking in costa rica
When you move to Costa Rica, a major decision you will need to make is "What Bank Should I Use?" and you will probably find that this decision is not as easy as it sounds. Before deciding on a bank, it is important to decide what services you will need, and then find the most convenient bank depending on where you want to live. This series is desingned to give you more information to help you cut down on the time you need to spend looking.
Firstly it is important to know that there are two types of banks, Government and Private, both of which have their advantages and disadvantages.
The banks operated by the Costa Rican Government include Banco Nacional, Banco Costa Rica, and Banco Credito Agricola. All money in these banks is guaranteed. These banks also have locations all over the country from which you can access your funds, however line-ups can be long.
There are also now many private banks, many affiliated with international banks. These banks are overseen by the government, and often provide better service, however they may have less branches available out of the central valley. Some may even have only a few locations in the valley as well.
Most Banks now offer savings and checking accounts in Dollars or Colones, however some of the differences may include time to cash foreign checks, whether your account is foreign or national (national checks are no good outside Costa Rica) or even whether they have Automated Tellers to access your account outside office hours. Many also offer Credit or Debit cards, if you meet the requirements (but not all are internationally accepted either.) All banks will also have different requirements for opening accounts or obtaining credit cards, possibly including banking or personal references, identification, and most likely minimum deposits.
It is also very important to note that while interest is much higher on colone accounts, there is a monthly devaluation of the colone to the dollar, so you won't be earning as much as you think. It is better to have your money primarily in dollars to avoid the devaluation, and change money when you need it. Interest can vary greatly between different banks as well, which is another reason why it may pay to shop around. Some offer different types of accounts, so if you watch where your money is, you can really make it work for you.
Firstly it is important to know that there are two types of banks, Government and Private, both of which have their advantages and disadvantages.
The banks operated by the Costa Rican Government include Banco Nacional, Banco Costa Rica, and Banco Credito Agricola. All money in these banks is guaranteed. These banks also have locations all over the country from which you can access your funds, however line-ups can be long.
There are also now many private banks, many affiliated with international banks. These banks are overseen by the government, and often provide better service, however they may have less branches available out of the central valley. Some may even have only a few locations in the valley as well.
Most Banks now offer savings and checking accounts in Dollars or Colones, however some of the differences may include time to cash foreign checks, whether your account is foreign or national (national checks are no good outside Costa Rica) or even whether they have Automated Tellers to access your account outside office hours. Many also offer Credit or Debit cards, if you meet the requirements (but not all are internationally accepted either.) All banks will also have different requirements for opening accounts or obtaining credit cards, possibly including banking or personal references, identification, and most likely minimum deposits.
It is also very important to note that while interest is much higher on colone accounts, there is a monthly devaluation of the colone to the dollar, so you won't be earning as much as you think. It is better to have your money primarily in dollars to avoid the devaluation, and change money when you need it. Interest can vary greatly between different banks as well, which is another reason why it may pay to shop around. Some offer different types of accounts, so if you watch where your money is, you can really make it work for you.
things to do in costa rica
Retirement or just living in another country often present new challenges for people because perhaps for the first time they are confronted with having a plethora of leisure time and the problem of what to do to with it. Costa Rica is a wonderful place to live because of the wealth of activites from which to choose. As one of our American friends referred to his busy life in Costa Rica, "My days are so fulfilling, that each day in Costa Rica seems like a whole lifetime".
In Costa Rica you have no excuse for being bored or inactive, unless you are just plain lazy. There is some hobby or pastime for everyone regardless of age or interests. Even if you cannot pursue your favorite hobbies, you can get involved in something new and exciting. Best of all, by participating in some of the activities mentioned in this article, you will meet other people with common interests and cultivate new friendships in the process.
Learn the Language
One rewarding way to spend your time is by studying Spanish. Most people you meet will also be expatriates, so you probably won't need that much Spanish to enjoy yourself. However, the happiest expats seem to be those who speak Spanish. They are able to enjoy the culture more fully, mix with the locals and make new friends in the process. However, you will be surprised how many ticos speak some English and dying for the chance to perfect their English language skills while you work on your Spanish. Perhaps you can find someone to exchange language lessons with. This is a good way to make new acquaintances and learn how Spanish is really spoken. If you take our advice and choose to study Spanish, for a modest fee you can enroll at one of Costa Rica's intensive conversational language schools. Most language schools offer different levels of instruction to suit a student's particular needs. In addition to language instruction, these schools offer exciting field trips and interesting activities which provide you with the chance to make new friends. Spanish is not a difficult language to learn. With a little self-discipline and motivation, anyone can acquire a basic Spanish survival vocabulary of between 200 and 3000 words in a relatively short time. The learning process never stops so studying Spanish can be a life-long project.
Reading Materials in English
Books, newspapers, magazines and other printed matter in English are available at most leading bookstores, in souvenir shops of larger hotels and at some newsstands. There is no problem obtaining copies of New York Times, Time or Newsweek in Costa Rica. The Miami Herald international satellite edition is now available in Costa Rica. You can pick up most English newspapers and magazines at local newsstands, hotels and some bookstores. Many bookstores carry a large selection of books in English. Three major libraries in the San José area have large collections of English language books and magazines. The place to go for the best selection of books is the Mark Twain Library at the North American-Central American Culture Institute, commonly known as the Centro Cultural.
Television and Video Rentals
Several companies offer satellite cable television in Costa Rica, so you won't have to worry about missing your favorite U.S. TV shows. A variety of American television channels are available for viewing and entertainment at a low cost - CBS, NBC,ABC, FOX, HBO, CNN, ESPN, and TNT to name a few.
Since 1997 DirectTV has been operating in Costa Rica. With this system you can receive up to 100 channels including "Pay Per View"(Cine Directo), for watching special events.
There are dozens of stores which rent videos in English conveninetly located all over the country. Just as in in the U.S. you may rent new releases, classic movies or video games for the kids.
More Activities
Costa Rica has a wealth of indoor and outdoor activities designed for everyone regardless of sex, age, personal taste or budget. All of us-Costa Ricans, tourists and foreign residents-can participate in river rafting (some of the world's best), camping, walking groups, dancing, racketball, weight lifting, tennis, baseball, soccer, swimming and surfing, jogging, bicycling, horseback riding, and sailing. There are also ceramic classes, movies, art galleries, social clubs, parks, zoos and more. Some people spend their time surfing the Worls Wide Web. There is a Theater group, a Canadian Club, Women's club, Scrabble, bridge and a T'ai Chi club. One can even study yoga, painting, writing, pottery, gardening, holistic medicine. The country club set plays golf, graces swimming pools and dines elegantly. To find other activities or a club, look under the weekly "What's Doing" section in the Tico Times. Dedicated couch-potatoes can even stretch out and admire the lovely landscape or work on improving their suntans.
There are more than 30 museums scattered around Costa Rica displaying everything from pre-Columbian artifacts to the history of railways. Many are conveniently located in downtown San José. Most guidebooks have maps showing their locations. Although not as impressive as museums in the States or Europe, there is still a lot to see. In general, Costa Rica's museums provide a good perspective on the history and culture of the country. Costa Rica's beautiful scenery and spring-like weather provide a perfect setting for playing golf. It is no surprise the sport has really taken-off over the last couple of years and is on the verge of a boom. The country promises to become a premier golf travel destination in the future with the opening of public courses. Costa Rica is considered to be one of the best year-round fishing areas has some of the world's best sportfishing. Fishing is outstanding almost all of the time and almost everywhere in Costa Rica. Take your choice. Fish either the Caribbean or the Pacific, but don't forget those gentle miles of meandering rivers or the fresh water lakes. Lake Arenal is famous for its guapote bass. More important, most fishing areas are only a few hours driving time from anywhere in Costa Rica. Unlike many resort areas in Mexico and Latin America, Costa Rica's beautiful tropical beaches and 767 miles of coastline are virtually unspoiled. Water temperatures are very warm so you can stay in all day. Since Costa Rica is rich not only in natural beauty but in all varities of wild life, Costa Ricans have set aside 20% of their territory and established 36 national parks and preserves to protect the flora and fauna of their country. Nature lovers will find plenty to do here to stay occupied.
Nightlife and Entertainment
There are countless open air restaurants, bars, dance halls and discotheques all over San José and in most other parts of the country. Costa Ricans love to party and dance. Most of these night spots will appeal to anyone from- 16 to 50 give or take a little for the young at heart. No doubt when you have lived in the country for a while, you will be bitten by the dance bug. If you want to learn how to dance like a Costa Rican, affordable lessons are give at El Malecón Escuela de Bailes Populares and Merecumbé dance schools.
There are several gringo bars, which cater almost exclusively to expatriates in downtown San José or nearby. Although we don't recommend hanging out at these places 24-hours a day, there is no better way to hear stories about life in the tropics, keep up on local gossip, meet some colorful local characters and gather tips about living in Costa Rica while you sip your favorite beverage. Costa Rica has about twenty casinos, most in the San José area and a few at beach resorts. Rules differ slightly than in the U.S.A. or Europe, but gambling is fun to learn the Costa Rican way. There are movie theaters all over the San José area and in other large cities. Most of these theaters show first-run movies usually a month or two after they first screen in the United States. The Cinemark movie theater in Multiplaza shopping center offers U.S.-style stadium seating, 8 screens and hot buttered popcorn. San José is purported to have more theaters and theater companies per capita than any other city in the world. Most live plays are in Spanish but there are occasional plays in English at the North American Cultural Center. The Little Theatre Group is Costa Rica's only English-language acting troupe and frequently presents plays in English. If you decide to move to Costa rica, whatever you do, don't make the mistake of being idle. The worst thing you can do is spend all your time drinking in one of the many gringo hangouts in downtown San José. Over the years we have seen many fellow Americans fail to use their time constructively, and destroy their lives by becoming alcoholics while living in Costa Rica-a few even died prematurely. Use the information in this article, and take advantage of all the activities Costa Rica offers.
In Costa Rica you have no excuse for being bored or inactive, unless you are just plain lazy. There is some hobby or pastime for everyone regardless of age or interests. Even if you cannot pursue your favorite hobbies, you can get involved in something new and exciting. Best of all, by participating in some of the activities mentioned in this article, you will meet other people with common interests and cultivate new friendships in the process.
Learn the Language
One rewarding way to spend your time is by studying Spanish. Most people you meet will also be expatriates, so you probably won't need that much Spanish to enjoy yourself. However, the happiest expats seem to be those who speak Spanish. They are able to enjoy the culture more fully, mix with the locals and make new friends in the process. However, you will be surprised how many ticos speak some English and dying for the chance to perfect their English language skills while you work on your Spanish. Perhaps you can find someone to exchange language lessons with. This is a good way to make new acquaintances and learn how Spanish is really spoken. If you take our advice and choose to study Spanish, for a modest fee you can enroll at one of Costa Rica's intensive conversational language schools. Most language schools offer different levels of instruction to suit a student's particular needs. In addition to language instruction, these schools offer exciting field trips and interesting activities which provide you with the chance to make new friends. Spanish is not a difficult language to learn. With a little self-discipline and motivation, anyone can acquire a basic Spanish survival vocabulary of between 200 and 3000 words in a relatively short time. The learning process never stops so studying Spanish can be a life-long project.
Reading Materials in English
Books, newspapers, magazines and other printed matter in English are available at most leading bookstores, in souvenir shops of larger hotels and at some newsstands. There is no problem obtaining copies of New York Times, Time or Newsweek in Costa Rica. The Miami Herald international satellite edition is now available in Costa Rica. You can pick up most English newspapers and magazines at local newsstands, hotels and some bookstores. Many bookstores carry a large selection of books in English. Three major libraries in the San José area have large collections of English language books and magazines. The place to go for the best selection of books is the Mark Twain Library at the North American-Central American Culture Institute, commonly known as the Centro Cultural.
Television and Video Rentals
Several companies offer satellite cable television in Costa Rica, so you won't have to worry about missing your favorite U.S. TV shows. A variety of American television channels are available for viewing and entertainment at a low cost - CBS, NBC,ABC, FOX, HBO, CNN, ESPN, and TNT to name a few.
Since 1997 DirectTV has been operating in Costa Rica. With this system you can receive up to 100 channels including "Pay Per View"(Cine Directo), for watching special events.
There are dozens of stores which rent videos in English conveninetly located all over the country. Just as in in the U.S. you may rent new releases, classic movies or video games for the kids.
More Activities
Costa Rica has a wealth of indoor and outdoor activities designed for everyone regardless of sex, age, personal taste or budget. All of us-Costa Ricans, tourists and foreign residents-can participate in river rafting (some of the world's best), camping, walking groups, dancing, racketball, weight lifting, tennis, baseball, soccer, swimming and surfing, jogging, bicycling, horseback riding, and sailing. There are also ceramic classes, movies, art galleries, social clubs, parks, zoos and more. Some people spend their time surfing the Worls Wide Web. There is a Theater group, a Canadian Club, Women's club, Scrabble, bridge and a T'ai Chi club. One can even study yoga, painting, writing, pottery, gardening, holistic medicine. The country club set plays golf, graces swimming pools and dines elegantly. To find other activities or a club, look under the weekly "What's Doing" section in the Tico Times. Dedicated couch-potatoes can even stretch out and admire the lovely landscape or work on improving their suntans.
There are more than 30 museums scattered around Costa Rica displaying everything from pre-Columbian artifacts to the history of railways. Many are conveniently located in downtown San José. Most guidebooks have maps showing their locations. Although not as impressive as museums in the States or Europe, there is still a lot to see. In general, Costa Rica's museums provide a good perspective on the history and culture of the country. Costa Rica's beautiful scenery and spring-like weather provide a perfect setting for playing golf. It is no surprise the sport has really taken-off over the last couple of years and is on the verge of a boom. The country promises to become a premier golf travel destination in the future with the opening of public courses. Costa Rica is considered to be one of the best year-round fishing areas has some of the world's best sportfishing. Fishing is outstanding almost all of the time and almost everywhere in Costa Rica. Take your choice. Fish either the Caribbean or the Pacific, but don't forget those gentle miles of meandering rivers or the fresh water lakes. Lake Arenal is famous for its guapote bass. More important, most fishing areas are only a few hours driving time from anywhere in Costa Rica. Unlike many resort areas in Mexico and Latin America, Costa Rica's beautiful tropical beaches and 767 miles of coastline are virtually unspoiled. Water temperatures are very warm so you can stay in all day. Since Costa Rica is rich not only in natural beauty but in all varities of wild life, Costa Ricans have set aside 20% of their territory and established 36 national parks and preserves to protect the flora and fauna of their country. Nature lovers will find plenty to do here to stay occupied.
Nightlife and Entertainment
There are countless open air restaurants, bars, dance halls and discotheques all over San José and in most other parts of the country. Costa Ricans love to party and dance. Most of these night spots will appeal to anyone from- 16 to 50 give or take a little for the young at heart. No doubt when you have lived in the country for a while, you will be bitten by the dance bug. If you want to learn how to dance like a Costa Rican, affordable lessons are give at El Malecón Escuela de Bailes Populares and Merecumbé dance schools.
There are several gringo bars, which cater almost exclusively to expatriates in downtown San José or nearby. Although we don't recommend hanging out at these places 24-hours a day, there is no better way to hear stories about life in the tropics, keep up on local gossip, meet some colorful local characters and gather tips about living in Costa Rica while you sip your favorite beverage. Costa Rica has about twenty casinos, most in the San José area and a few at beach resorts. Rules differ slightly than in the U.S.A. or Europe, but gambling is fun to learn the Costa Rican way. There are movie theaters all over the San José area and in other large cities. Most of these theaters show first-run movies usually a month or two after they first screen in the United States. The Cinemark movie theater in Multiplaza shopping center offers U.S.-style stadium seating, 8 screens and hot buttered popcorn. San José is purported to have more theaters and theater companies per capita than any other city in the world. Most live plays are in Spanish but there are occasional plays in English at the North American Cultural Center. The Little Theatre Group is Costa Rica's only English-language acting troupe and frequently presents plays in English. If you decide to move to Costa rica, whatever you do, don't make the mistake of being idle. The worst thing you can do is spend all your time drinking in one of the many gringo hangouts in downtown San José. Over the years we have seen many fellow Americans fail to use their time constructively, and destroy their lives by becoming alcoholics while living in Costa Rica-a few even died prematurely. Use the information in this article, and take advantage of all the activities Costa Rica offers.
stuff you need to know before moving to costa rica
We recommend that anyone considering moving to Costa Rica, or any country for that matter, first come here as a tourist. The longer you can stay the better. It is important that in addition to knowing the logistics of establishing residency and making the move, you get a little taste of what life will be like.
Depending on your country of origin, you can remain in Costa Rica with a tourist visa for up to three months. With a driver's license from your home country and your passport, you can legally drive. During this time, try to get a feel for what day-to-day life will be like -- learn first-hand that a different culture means different responses to given situations. Explore the country, and try to experience the different micro-climates (approx. 7) to help make your choice of where to live so that you will be satisfied and comfortable.
Costa Rica is a Spanish speaking country. Outside the tourist areas there is not much English spoken, but the Costa Ricans are a warm and friendly people and are willing to try to help. Also, there are many schools available offering complete immersion courses, and private lessons are relatively easy to arrange. And, of course, practice is the key.
What is it like to live here? Only your own experience can answer that, since it is different for every person. But some basic information may help you in your investigation. Foreign residents and tourists can own a house and property in Costa Rica, and there are houses, condos and apartments available for rent in most areas of the country. Rental prices vary from US$300. And up, depending on your choice of location and type of house. Location also dictates the house prices, whether buying or building. The closer to San Jose (ie. Escazu, Santa Ana, San Pedro) the higher the price. At the present time, if you own a house and car and have no debts, a couple can live comfortably on US$1,500-2,500 per month depending on your lifestyle. Personal services (ie. Maid, gardener, beauty parlor, etc.) are very reasonable, and many foreigners take advantage and enjoy using these services more than before living here.
The cost of an automobile is relatively expensive in Costa Rica. While visiting, check around for prices on the type of car you would prefer. Some people ship their own cars from home, so check the cost of the import tax and shipping charges. Your decision to bring your personal household goods should be carefully evaluated. Contact others who have done it and consult with them. There are a few horror stories, but also many good ones using well established moving/customs services. With this information you are in a better position to make a sound decision. The exchange rate as of May 2000 was about 300 colones to the US$1. Auto parts are expensive, but labor is reasonable. Most of the roads are poor, with an ample supply of potholes, but the government is working hard to try and improve this situation.
Property taxes are generally lower in Costa Rica than in North America and many other countries. As a foreign resident, you will not pay income taxes on foreign pensions or income generated outside of Costa Rica, but you may have to pay taxes on income generated in Costa Rica. Businesses income, after expenses, is taxed, and there is a 13% sales tax on goods and services, including restaurants, hotels, entertainment, and so on.
For those considering retirement in Costa Rica, it may be unwise to expect to earn a living, or to supplement your income. Pensionados and rentistas are allowed to own and operate a business but are not permitted to work for wages for someone else.
Costa Rica has both private and public health care systems, and there is reasonable insurance available for both. ARCR has obtained group discounts for its members. The private clinics, doctors, specialists and laboratories are all quickly accessible and modestly priced compared to North America. Overall, health care is rated as good in Costa Rica. There are also reasonably priced dentists and periodontists available, who provide quality service.
Whether purchasing a house or car, or investing in anything else, it is advisable to exercise even more caution than you would normally, especially if you don’t understand Spanish. Get recommendations for good lawyers, etc. from the ARCR or other residents, and be sure to understand all of the terms/conditions, and know a lot before making a deposit or committing yourself. Like most places in the world, it is a ‘Buyer Beware’ society.
There is theft here, as in all parts of the world, especially in and close to large cities. Exercise common sense when parking your car, lock it and don't leave valuables inside. When walking the downtown streets don't wear expensive flashy jewelry, leave it at home in a safe place.
Costa Rica is a beautiful and peaceful country. The army was abolished in 1948, and the people, in general, are kind and warmhearted. The weather is warm and the sun shines almost 365 days a year, with a pace of life that is more relaxed than in North America.
The members of the ARCR, the staff, and other 'expats' are all quite happy to assist you. In the end, your ability to adapt and approach life with a relaxed attitude will probably govern your degree of happiness and satisfaction with Costa Rican life.
Depending on your country of origin, you can remain in Costa Rica with a tourist visa for up to three months. With a driver's license from your home country and your passport, you can legally drive. During this time, try to get a feel for what day-to-day life will be like -- learn first-hand that a different culture means different responses to given situations. Explore the country, and try to experience the different micro-climates (approx. 7) to help make your choice of where to live so that you will be satisfied and comfortable.
Costa Rica is a Spanish speaking country. Outside the tourist areas there is not much English spoken, but the Costa Ricans are a warm and friendly people and are willing to try to help. Also, there are many schools available offering complete immersion courses, and private lessons are relatively easy to arrange. And, of course, practice is the key.
What is it like to live here? Only your own experience can answer that, since it is different for every person. But some basic information may help you in your investigation. Foreign residents and tourists can own a house and property in Costa Rica, and there are houses, condos and apartments available for rent in most areas of the country. Rental prices vary from US$300. And up, depending on your choice of location and type of house. Location also dictates the house prices, whether buying or building. The closer to San Jose (ie. Escazu, Santa Ana, San Pedro) the higher the price. At the present time, if you own a house and car and have no debts, a couple can live comfortably on US$1,500-2,500 per month depending on your lifestyle. Personal services (ie. Maid, gardener, beauty parlor, etc.) are very reasonable, and many foreigners take advantage and enjoy using these services more than before living here.
The cost of an automobile is relatively expensive in Costa Rica. While visiting, check around for prices on the type of car you would prefer. Some people ship their own cars from home, so check the cost of the import tax and shipping charges. Your decision to bring your personal household goods should be carefully evaluated. Contact others who have done it and consult with them. There are a few horror stories, but also many good ones using well established moving/customs services. With this information you are in a better position to make a sound decision. The exchange rate as of May 2000 was about 300 colones to the US$1. Auto parts are expensive, but labor is reasonable. Most of the roads are poor, with an ample supply of potholes, but the government is working hard to try and improve this situation.
Property taxes are generally lower in Costa Rica than in North America and many other countries. As a foreign resident, you will not pay income taxes on foreign pensions or income generated outside of Costa Rica, but you may have to pay taxes on income generated in Costa Rica. Businesses income, after expenses, is taxed, and there is a 13% sales tax on goods and services, including restaurants, hotels, entertainment, and so on.
For those considering retirement in Costa Rica, it may be unwise to expect to earn a living, or to supplement your income. Pensionados and rentistas are allowed to own and operate a business but are not permitted to work for wages for someone else.
Costa Rica has both private and public health care systems, and there is reasonable insurance available for both. ARCR has obtained group discounts for its members. The private clinics, doctors, specialists and laboratories are all quickly accessible and modestly priced compared to North America. Overall, health care is rated as good in Costa Rica. There are also reasonably priced dentists and periodontists available, who provide quality service.
Whether purchasing a house or car, or investing in anything else, it is advisable to exercise even more caution than you would normally, especially if you don’t understand Spanish. Get recommendations for good lawyers, etc. from the ARCR or other residents, and be sure to understand all of the terms/conditions, and know a lot before making a deposit or committing yourself. Like most places in the world, it is a ‘Buyer Beware’ society.
There is theft here, as in all parts of the world, especially in and close to large cities. Exercise common sense when parking your car, lock it and don't leave valuables inside. When walking the downtown streets don't wear expensive flashy jewelry, leave it at home in a safe place.
Costa Rica is a beautiful and peaceful country. The army was abolished in 1948, and the people, in general, are kind and warmhearted. The weather is warm and the sun shines almost 365 days a year, with a pace of life that is more relaxed than in North America.
The members of the ARCR, the staff, and other 'expats' are all quite happy to assist you. In the end, your ability to adapt and approach life with a relaxed attitude will probably govern your degree of happiness and satisfaction with Costa Rican life.
how to buy a house or property in costa rica
Some people that decide to move down to Costa Rica picture their perfect house as an exotic bungalow surrounded by lush palm trees and facing a beautiful beach. Others see themselves living in a cattle-ranch hacienda. Still, others would prefer a more "civilized" option, and would settle for a home in or near a major city. Whatever your need is, whether it sounds familiar tojm the examples mentioned, or whether it's completely different, you'll find it for sure in Costa Rica.
Because of a short recession, in the early 90's, the prices of land and housing went down considerably. However, they've gone up again because of the rise in tourism (in 1997 it grew by a 3.5 %). Costa Rica is divided into seven provinces: San Jose, Heredia, Cartago, Alajuela, Guanacaste, Puntarenas and Limon. The first four are highly populated, since two-thirds of all Ticos live in this central area of the country. San Jose offers various types of housing, but some of the favorite neighborhoods are Escazu, Santa Ana and Rohrmoser in the west, and San Ramon de Tres Rios in the east. Alajuela boasts a warmer yet pleasant climate, and many foreigners have bought homes in the La Garita area. Cartago, which is cooler than San Jose, offers rural areas that are ideal for farming or just a regular home. Heredia contains quaint towns and mountains that have become favorite spots for homes.
The last three provinces, Guanacaste, Puntarenas and Limon, all have one great asset in common- the beach. However, they also differ immensely from each other. Guanacaste is located in the Northwest and is characterized by great expanses of cattle ranches; Puntarenas is the longest province, and it includes one of the main port cities of the country; Limon seems to be in a different country because of its Caribbean, African flavor. Housing in these three last provinces varies greatly, since the property that's located in the beachfront is logically a lot more expensive than others.
In Costa Rica, ownership of land is protected by the Constitution and several laws, since it's considered to be a right of any person, whether they're citizens or not. Even though land or home ownership is a right in this country, there are several institutions that foreigners should contact before buying a home. First of all, there is the Costa Rican Chamber of Realtors, or AMCHA, which is an extremely honest and reputable institution. You should also contact the Association of Residents in San Jose, as well as a trust-worthy lawyer, who can guide you through all of the steps. A lawyer can check to see if the land has any liens as well as to obtain the proper documents that record the sale of land or a house. Your attorney will be in charge of going to the National Property Registry (Registro Nacional) in order to check the legality of the property and to record its sale.
Prices for housing vary depending on the area and type of house. Lower middle-class Tico neighborhoods have small houses (100-125 square meters/ 300-400 square feet) that sell for $24,000 to $50,000. Upper middle-class homes cost anywhere from $100,000 to $300,000, and luxury homes, like everywhere else, don't really have a price limit.
There are some good pieces of advice that you should apply when thinking about buying a home in Costa Rica. First of all, learn to ask around the neighborhood or area that you're interested in; some of the best buys aren't advertised in newspapers or other means. Secondly, you should send a Tico to ask about a house or property, since the owner might raise the price if he/she knows that you're a foreigner; Ticos are also more experienced bargainers. If possible, try setting the price in colones, not dollars, since because of the devaluation, dollars go a longer way than the national currency.
Many foreigners have chosen to settle down in Costa Rica because of its political and economic stability and because of its natural beauty. Buying a house here isn't a difficult affair if you seek help from the institutions and people that were mentioned previously. Whether you're looking for a hut or a mansion, you might find it in Costa Rica. If I were you, though, I would hurry, since the word has already gotten out!
Because of a short recession, in the early 90's, the prices of land and housing went down considerably. However, they've gone up again because of the rise in tourism (in 1997 it grew by a 3.5 %). Costa Rica is divided into seven provinces: San Jose, Heredia, Cartago, Alajuela, Guanacaste, Puntarenas and Limon. The first four are highly populated, since two-thirds of all Ticos live in this central area of the country. San Jose offers various types of housing, but some of the favorite neighborhoods are Escazu, Santa Ana and Rohrmoser in the west, and San Ramon de Tres Rios in the east. Alajuela boasts a warmer yet pleasant climate, and many foreigners have bought homes in the La Garita area. Cartago, which is cooler than San Jose, offers rural areas that are ideal for farming or just a regular home. Heredia contains quaint towns and mountains that have become favorite spots for homes.
The last three provinces, Guanacaste, Puntarenas and Limon, all have one great asset in common- the beach. However, they also differ immensely from each other. Guanacaste is located in the Northwest and is characterized by great expanses of cattle ranches; Puntarenas is the longest province, and it includes one of the main port cities of the country; Limon seems to be in a different country because of its Caribbean, African flavor. Housing in these three last provinces varies greatly, since the property that's located in the beachfront is logically a lot more expensive than others.
In Costa Rica, ownership of land is protected by the Constitution and several laws, since it's considered to be a right of any person, whether they're citizens or not. Even though land or home ownership is a right in this country, there are several institutions that foreigners should contact before buying a home. First of all, there is the Costa Rican Chamber of Realtors, or AMCHA, which is an extremely honest and reputable institution. You should also contact the Association of Residents in San Jose, as well as a trust-worthy lawyer, who can guide you through all of the steps. A lawyer can check to see if the land has any liens as well as to obtain the proper documents that record the sale of land or a house. Your attorney will be in charge of going to the National Property Registry (Registro Nacional) in order to check the legality of the property and to record its sale.
Prices for housing vary depending on the area and type of house. Lower middle-class Tico neighborhoods have small houses (100-125 square meters/ 300-400 square feet) that sell for $24,000 to $50,000. Upper middle-class homes cost anywhere from $100,000 to $300,000, and luxury homes, like everywhere else, don't really have a price limit.
There are some good pieces of advice that you should apply when thinking about buying a home in Costa Rica. First of all, learn to ask around the neighborhood or area that you're interested in; some of the best buys aren't advertised in newspapers or other means. Secondly, you should send a Tico to ask about a house or property, since the owner might raise the price if he/she knows that you're a foreigner; Ticos are also more experienced bargainers. If possible, try setting the price in colones, not dollars, since because of the devaluation, dollars go a longer way than the national currency.
Many foreigners have chosen to settle down in Costa Rica because of its political and economic stability and because of its natural beauty. Buying a house here isn't a difficult affair if you seek help from the institutions and people that were mentioned previously. Whether you're looking for a hut or a mansion, you might find it in Costa Rica. If I were you, though, I would hurry, since the word has already gotten out!
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