Practice areas
The development of public infrastructure projects in Costa Rica has lagged in recent years. However, there are several important public infrastructure projects that are foreseen to be tendered in the short and medium term.
News & Opinion
The activity of manufacturing or assembling of medical devices has been developed and strengthened in the country by companies under the free trade zone regimen (FTZR) for over ten years.
The 2020 Anti-Money Laundering Act (AMLA), in Section 6308, titled "Obtaining Foreign Bank Records from Correspondent Account Banks," expands the authority of the United States. Treasury Department and the U.S. Department of Justice to seek any record relating to a correspondent account or any account at the foreign bank including records maintained outside the United States.
On September 1st, 2022, Executive Decree No. 43665-MP-MEIC was published in the official newspaper La Gaceta, through which the exchange of information between public institutions in Costa Rica was approved, accelerating the procedures of those administered in said institutions and promoting the Principle of Interinstitutional Coordination.
With the publication of the regulation to the so-called Digital Nomads Law (Executive Decree 43619 H-MGP-TUR), its legal implementation in our country is now possible.
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