Tag: Taxes

FAQ | Property Tax and other taxes to pay when buying property in Costa Rica

Don’t you want to know how much property tax to pay before buying property in Costa Rica? Learn now how much, when, and where to pay Costa Rica property tax, as well as other taxes. After you purchase a property in Costa Rica, you have to pay several property-related taxes: Property Transfer Tax When you…

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U.S. Citizens Tax Implications when earning income in Costa Rica

Estimated Reading Time: 6 Minutes What are the tax implications for U.S. citizens when working or having a business in Costa Rica? And their spouses’? Costa Rica is regarded as one of the safest bets in the emerging markets thanks to the strong exports, high tourism levels, and high levels of Foreign Direct Investment. If…

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The New Costa Rica Annual Corporation Tax 2017 is in Effect

The new annual Corporation Tax Law (Ley de Impuesto a las Personas Jurídicas) # 9428 has been approved and published in the Official Newspaper La Gaceta. Therefore, you will have to pay Corporation Tax 2017. Some information in this article is not up to date anymore. For up to date information (made on 2/22/2018) go to…

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Costa Rica expat tax update 2014 – 2015

Any idea what taxes you have to pay in Costa Rica and when? Probably not… Therefore, let’s give you a Costa Rica expat tax update. In Costa Rica, most taxes and other payments, especially when you have employees, are due between December and January each year. Aguinaldo (Christmas Bonus) has to be paid in December, so…

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Is Married Filing your US tax return an option when marrying a Costa Rican?

Should you select Married Filing Jointly or Married Filing Separately when marrying a Costa Rican? It has become common for US Persons to find love abroad. You’ll often hear of an American moving to Costa Rica and marrying a young Tico or Tica. A U.S. citizen or permanent resident needs to consider a few tax…

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Costa Rica financial and account records according to 2013 tax law

In this 3rd and last blog on this matter, I will tell you about the powers this tax law will give the Costarican government. In my first and second blog about the changes in Costa Rica 2013 Tax Law, I explained about Law of Compliance with Standards of Fiscal Transparency and Law Strengthening the Tax…

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Costa Rica changes real estate tax procedures

There are some significant changes in the real estate tax procedures in the air that you should know about. In my first blog about Costa Rica Fiscal Transparency, I explained about Costa Rica’s legislation being on the verge of passing two new laws. This will bring about significant changes to the tax structure currently in…

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