Author: Costa Rica Handbook Editorial Team

Costa Rican rental property income is subject to local taxes and electronic invoicing that property owners must declare.

Self-employed workers in Costa Rica learn how to register with Hacienda, file income tax returns, and manage monthly VAT.

International money transfers from Costa Rica involve high fees and unfavorable exchange rates at local banks like Banco Nacional.

International money transfers to Costa Rica incur fees, exchange rate spreads, and intermediary bank charges totaling up to hundreds of dollars.

Foreign bank cards work across Costa Rica for major purchases, while cash covers small vendors and fees require local currency.

Costa Rican online banking setup allows expats to activate accounts, pay utility bills, and transfer funds using security tokens.

Costa Rica IVA registration requires most businesses and freelancers to register immediately, as there is no minimum income threshold.

Costa Rican small business tax rules explain income taxes, value-added taxes, corporate fees, and mandatory social security contributions.

Costa Rica uses a territorial tax system and lacks a general wealth tax, leaving foreign assets and income entirely untaxed.

Costa Rica business owners learn how to calculate, collect, and pay the standard 13 percent value added tax through the online tax portal.