Month: June 2020

SUGEF – New rules from the banking authority regarding money transfers for property purchases

Who is SUGEF? The General Superintendency of Financial Entities (Superintendencia General de Entidades Financieras, SUGEF) of Costa Rica is the public entity overseeing the stability, resilience, and efficiency of the national financial system; and inspects and regulates the …

Costa Rica is easing measures. Here’s what’s open [updated] June 27-20

  Alejandro Zúñiga Tico Times  Costa Rica continues easing coronavirus restrictions. Here’s what’s open (and what isn’t) in the majority of Costa Rica as of June 27, 2020. There are some regional exceptions; scroll to the end for more …

As of June 27 Face Masks Will Be Mandatory In Most Costa Rican Businesses

By Laura Alvarado – June 22, 2020 Costa Rica Star After canceling the Phase 3 reopening of businesses this past weekend due to the important increase in cases of Covid-19. The Minister of Health, Daniel Salas, stated during the press conference …

Costa Rica Prepares for COVID-19 Spike With Incredible Nationally Made Ventilator

By Carol Vaughn – June 22, 2020 Costa Rica Star Mechanical Ventilator made in Costa Rica University of Costa Rica Launches First Mechanical Ventilator Designed and Made in Costa Rica Doctors from the University of Costa Rica (UCR) have developed …

New PriceSmart to Open Doors in Liberia, Guanacaste

PriceSmart announced that it plans to move forward with opening what will be its 46th warehouse club on June 17, 2020 in Liberia, Costa Rica. Sherry S. Bahrambeygui, Chief Executive Officer, commented, “In March 2020, when we first began …

June 1 Comes With a Change on Sanitary Measures in Costa Rica

By Laura Alvarado – May 30, 2020 Costa Rica Star Monday, June 1st, Costa Rica enters phase three of its sanitary measures, these will be in place through June 19 and will apply for the entire country. More businesses will …