Owners of vacation residences must pay their taxes │ Costa Developers

taxes

Hoteliers indicate that there is a disparity between the application of taxes for hotels and vacation properties.

A new clarification in the records of the Costa Rican Tourism Institute (ICT) and the Ministry of Finance has intensified efforts to strengthen tax and patents that are paid on the residences holidays throughout the country.

"No we are trying to discourage the renters" said Herman Navarro, the Manager of tourism by the ICT.

the incomes from rentals properties in Costa Rica emerged on the scene after the crisis of 2008 by people who owned vacation properties and stopped coming, so it began to rent their properties or sold them to rental companies." This has led to reducing the demand of visitors to hotels.

The owners of the hotels think that competition is not what causes affectations, but that hotels should cancel taxes unlatched to vacation properties, ranging from sales tax, social security for its employees, payments to the Ministry of health and others not.

To start the implementation of this new law, the Ministry of finance in conjunction with the ICT conducted an investigation where it was found that there are several of these properties, for example in Jaco Beach about 23, Manuel Antonio a 36 and on the coast of the Caribbean a 38.

The ICT indicates that this represents unfair competition among hotels and rental properties, since every dollar earned by the hotels is to re invest about three or four times, while investing in 1 or 1.3 times for vacation properties.

This occurs because the vacation properties should not be so frequent in infrastructure, services and personnel investments. In some places, hotels pay an amount to those in charge of monitoring the coast, while the properties not canceled these amounts and receive the benefits.

This aims to of there is a balance of occupation between independent vacation properties and hotels which offer the same service to both.

Posted by Costa Developers

Costa Rica hotels are favorites of the region

In a survey conducted by the renowned website Trip Advisor catalogued hotels of Costa Rica as the best in the Central American region in accordance with the opinions of the visitors of this site.

According to Trip Advisor and its awarding of Traveller's choice of the list of the 25 best hotels in the Central American region, 16 are located in Costa Rica.

Website Trip Advisor has an audience of 60 million subscribers a month, and you can get information on all types of places to visit when you are of vacations, all inclusive hotel, conventional hotels, restaurants and other attractions in addition.

The hotel called the number one was the Nayara Hotel in San Carlos (Northern region of the country), followed by La Paloma Lodge in Drake Bay (South Pacific), Arenas del Mar Beachfront and Rainforest (Manuel Antonio, Central Pacific) and the Four Seasons Hotel in Papagayo, Guanacaste.

Coast Developers projects are located in the region of the Central Pacific, zone which also includes one of the most visited tourist sectors and further references on the web site; given the wide range of restaurants and activities that are offered in the region, thousands of visitors have made their observations on hotels, vacation activities and others in the area.

In addition to the hotels in the coastal regions of Costa Rica, were also rated tourist hostels in the greater metropolitan area, as the Hotel Grano de Oro in San José and Villa Blanca Cloud Forest in the area of San Ramón de Alajuela, within the first ten positions.

This survey took into account around 75 million comments from visitors, performed by region in order to obtain best results, polls allow users and people who want to visit or invest in Costa Rica and other countries to have an extensive knowledge of what you can enjoy during your vacation.

Posted by Costa Developers

Where are the “best buys” in Costa Rica?

Year after year we’ve seen that the more than 2 million tourists that show up to explore this country keep falling in love with it and become interested in purchasing property in Costa Rica; with such promising panoramas within the next years in the Real Estate business and with a lovely destination, how come you doubt?

International Living magazine recently shared information about where are the hot spots to purchase property in Costa Rica, not surprisingly the Central-Southern Pacific stills in top 1, not only because it’s proven to be the best area to live and vacation but because of all benefits of it.

Think about a place which is located very close to Costa Developers projects, Manuel Antonio National Park, the most visited place in the country by tourists, not only because it is very close to the Central Valley but because of its immense natural beauty. The park is so visited; there are restrictions to get it, 600 people during the week and 800 on the weekends.

If you happen to be on that area, moving a little to the south you’ll find Corcovado National Park, for those who are truly down for a completely natural outdoors adventure, this is the place to be; a pristine reserve full of wild life, without roads, stores or hotels, huge tall trees and all kinds of birds to watch and enjoy.

Not only Manuel Antonio and Corcovado are located around the Central-Southern Pacific area, but a lot of places to enjoy as well, and numerous, countless activities to have lots of fun.

The following spots where to the northern are of Alajuela (city approximately 10 miles from San Jose) San Carlos, where you will find beautiful landscape and a lot of activities to enjoy, such as delicious hot springs, horseback riding tours and many more. On the third place, International Living chose the Caribbean region of the country, which despite all its current social problematic situations also holds a beautiful landscape.

No doubt, the Central-Southern Pacific stills your first top choice in case you’re looking for a great place to vacation and enjoy retirement, family travel. Take a look at our website so you can see yourself vacationing at this paradise.

Posted By Costa Developers