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News and information about Costa Rica, the real estate market, tourism and industry.
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The eighth edition of ExpoCasa, the Costa Rican national housing exposition, kicks off Wednesday afternoon at the Centro de Eventos Pedregal in San Antonio de Belén, in Heredia, northwest of San José. The expo, which runs through Sunday evening, will feature over 250 stands with information on renting or buying a home or property, financing a home, and real estates agencies, as well as items for home construction and décor. Read More...
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The program will offer diverse language instruction options such as courses and conversation groups in community centers, as well as using foreign volunteers who wish to learn Spanish in exchange for teaching their language. In addition, some 200 Peace Corps volunteers will be teaching English throughout the country over the next four years. Read More...
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As the economy recovers, more multinational companies are looking to invest in Costa Rica. Read More...
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The rate of open unemployment increased from 7.3 to 8.1 percent during 2009, less than originally feared, said the Economic Commission for Latin America and the Caribbean and the International Labour Organization in a bulletin published this month. Read More...
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MoneyGram International, a global money transfer company, and Citi, the financial services firm, announced Thursday an agreement to expand MoneyGram’s money transfer services to all Citi locations in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. Read More...
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Over the last decade, access to new technologies, such as computers, cell phones and all-encompassing handheld devices, has gone from optional to almost mandatory. Many jobs require knowledge of how to operate a computer, schools teach computer literacy courses, and to roam about without a cell phone is considered almost Precambrian. These days, communication and information are expected to be accessible and immediate. Therefore, to be considered as such, a developed country must live up to these standards. Read More...
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This is the first foreign insurance company to begin the process of operating in Costa Rica. The insurance market has been controlled 100% by INS - a Costa Rican government approved monopoly up until this point. This stranglehold on the insurance market was broken up with the passing of the CAFTA/TLC Vote in October 2007. Read More...
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KLM Royal Dutch airlines is adding flights to Europe from San Jose, Costa Rica's, Juan Santamaria's airport. Read More...
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American Airlines has added an additional direct flight from New York's JFK airport to San Jose's Juan Santamaria international airport (SJO) Read More...
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Source: InsideCostaRica.com The Banco de Costa Rica (BCR) is getting aggressive in attracting new mortgage customer and is now lending up to 100% of the value. The program allows home buyers with no down payment, but have the ability to make the payments, Read More...
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It was projected that inflation would hover between 4% and 6% in 2009, however, according to the Central Bank the actual rate of inflation will be approximately 2.57% - marking the lowest growth in inflation in 37 years. Read More...
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Costa Rica's economy is expected to grow by over 3% in 2010. Read More...
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Wal-Mart supermarkets in Costa Rica - Palí, Más x Menos, Hipermás and Maxi Bodega - all owned and operated by Walmart Centroamerica, the local division of Wal-Mart Stores, Inc., will soon be in the hands of Wal-Mart's Mexican operations group, Wal-Mart Mexico (Walmex), who bought 100% of the shares of the Central American group for over $100 million. Read More...
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First section of asphalt going down on the Costanera Sur By the A.M. Costa Rica staff Asphalt work has started on a section of the Costanera Sur., the vital Pacific coast highway that has been promised for three decades. President Óscar Arias Sánchez Read More...
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