Business

Costa Rica's economic development

The years of Costa Rican high speed growth were between 1949 and 1978 – it was in these years that Costa Rica was able to create a large middle class and strong educational system. Again, the important event in this “take off” was the 1948...[more]


Private banking in Costa Rica

The private commercial banks with more assets are:  •         ScotiaBank •         HSBC •         BAC San José: offers a relatively fast service with a large number of branches...[more]


Costa Rica offshore banking system

Banking in Costa Rica Costa Rica has two types of Banks: State Banks and Private Banks. The difference between the two is that state banks are insured, in a way like the Federal Deposit Insurance Corporation in the United...[more]



How to Start a Business in Costa Rica

Many foreigners who reside in Costa Rica have have bought real estate not just for a place to live or vacation, but also for a place to start their own business. This is a wise decision for most people because the money used to purchase the land may...[more]


How to Pay Utility Bills in Costa Rica

Paying utility bills in Costa Rica can be a little tricky at times. It is not always clear where you need to go to pay. This guide will try and help make the process as smooth as possible.[more]



A personal account of getting a mortgage in Costa Rica

Costa Rica is no exception to the fact the getting a mortgage involves a lot of paperwork. However, try to stay positive and focus on the end goal - a new home. A permanent resident of Costa Rica generously recounted his experience in getting a...[more]

Banking in Costa Rica

A consideration when moving to Costa Rica is where you are going to do your banking. Although you may have online accounts with foreign banks, using your ATM card all the time is not going to be beneficial for two reasons: One, most companies will...[more]

Costa Rica’s currency and banking system

Costa Rica’s official monetary currency is the colon (singular) and colones (plural). As of 2008, the current exchange rate is one U.S. dollar is equal to 518 colones. Here’s a useful travel tip for you. If you are in Costa Rica, shop at...[more]