Vindi is part of Automercado and smaller more like a Am Pm or Fresh Market. They will open before the end of this year when the new building is finished. It will have just 3 stores with new well known businesses, the two others are not confirmed yet. For now we are excited to have Vindi in town soon.

Here is more about Vindi:  http://www.vindi.cr/auto-mercado-vindi

d140 formThe new corporation tax law, 9428, imposes a D-140 registration requirement on any and all CR corporations.

The deadline for submitting the D-140 Form to the Tax Administration depends on the last number of your Corporate ID: (Pursuant to the Regulations to Law No. 9428)

– 1 y 2: before October 31st, 2017.
– 3 y 4: before November 30, 2017.
– 5 y 6: before December 31st, 2017. – 7 y 8: before January 31st, 2018.
– 9 y 0: before February 28, 2018.

Example:
3-101-222222 Must submit the Form before October 31st, 2017.

Form available in the following link: Click Here

Failure to comply with this requirement, will be sanctioned with a penalty that will be calculated based on the delay in payment (but never exceeding the amount equivalent to three base salaries: USD$ 2300, approximately).

Below, please find the step by step process:

1. Fill out and sign the Form.
2. Authentication of the signature by a Costa Rican Notary Public (stamps must be attached)*.
3. Submit the Form before the Tax Authority.

For this specific case, it is possible to submit the Form before any Tax Authority Office “Oficina de Administración Tributaria**”.

People outside the country, must grant a POA in order to be able to submit the Form on time.

GM Attorneys was so kind and had sent out this info. They are a Law Firm with offices in Flamingo Beach, Tamarindo and San Jose. For more info please contact your attorney, accountant or GM Attorneys

Projects in the Tropics

October 12, 2017

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Years back the reality and needs of Costa Rica in general were very different, the need to approve and complete large projects wasn’t so urgent, but the popularity of this beautiful country has been, for quite a while, basically forcing the government to step up and address multiple infrastructure needs throughout the country. Our own bureaucracy, and politics, make that large projects seem to take forever to get approved, but eventually they do and were able to then envoy, for example, the new Liberia International Airport, the expansion of the Interamerican road, Liberia – San Jose, and more close to home the new road between 27 de Abril and Tamarindo.

For various years local governments, ASADAs, and towns all around Tamarindo have been trying to get the central government to solve the water issue the coastal towns have been experiencing. They stepped up and this is now being done with the Nimboyores project that will bring water to the coast from an inland wetland. This project has begun and is underway.

The new Flamingo Marina project has been at a standstill for years, but just days ago the permit remaining to be approved, needed for the go-ahead, has been approved. The project will consist of 211 slips accommodating yachts up to 110′, fueling station, dry dock, a boutique hotel, a convention center with capacity for 800 people, a commercial area for restaurants, bars, etc. This is very good news for the area and hopefully construction will start soon.

Our electricity provider, Coopeguanacaste, recently inaugurated the Juanilama Solar Park that will help bring clean energy to our area, and they plan on building more solar parks in the area. They are also working on installing various wind turbines just outside Santa Cruz.

The road accessing Tamarindo was recently re-surfaced making that ride much smoother. The Santa Cruz Municipality has promised, again, funds for the Tamarindo – Langosta road. I know that the ADI of Tamarindo (asociación de desarrollo integral de Tamarindo) and local residents will be vigilant to make sure this project materializes.

Tamarindo has gone through its own “growing pains”, and due to that new building codes are now in effect and the town is thriving in a more orderly fashion. New businesses have been popping up and in the past 2-3 years and there are easily around 25 new homes built, more under construction and also those awaiting permits. And we’re going to have a real movie theater in town! This is set to be completed in late November.

Large projects may take more time to complete here than in the more developed countries, but life in these wonderful tropics is good, more tranquil and Tamarindo offers all kind of amenities needed to live a modern lifestyle. It will be our pleasure to help you find your spot so you can begin to enjoy the Pura Vida life.

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This lot is one of the very few remaining lots at Punta San Francisco or “The Point”, a beachfront gated community that makes the division between and offers access to Playa Tamarindo and Playa Langosta, so from this lot both beautiful beaches are only a few steps away. Punta San Francisco consists of 61 lots, and already boasts several luxury villas right on the beach and many new villas being constructed at the moment. This much desired community has underground electricity and cable TV/Internet, a state of the art septic system, and paved internal roads. Supermarkets and restaurants are at walking distance…more info.

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Casa Mar Azul is a spacious and comfortable house with breathtaking ocean views, conveniently located, just a 5- minute walk from Prieta Beach, between the project town of Potrero and the newly built town of Las Catalinas. The property consists of the main house (280 m²) and a guest house (70 m²), each with a private access and separate parking spaces. The main house has two spacious bedrooms and two bathrooms on the main floor. The second floor offers a guest bedroom as well as a master…more info.

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Coopeguanacaste, R.L., an electricity distributor in the Guanacaste province, inaugurated this week the Juanilama Solar Park which has a capacity of five Megawatts (MW), which accredits it as the largest in the country using this source of clean generation.

The Solar Park is in Juanilama, Belen de Carrillo, Santa Cruz, in Guanacaste on five hectares of a property owned by the cooperative. According to the entity, the facility would provide a year nine gigawatt hours (GWh), which would directly benefit 2,100 households in the province.

The investment was around $ 8.6 million and was achieved through a loan with the MGM Sustainable Energy Fund (MSEF); which promotes energy efficiency and renewable energy projects in the continent.

The Juanilama Solar Park is, by the way, the first Latin American project to be carried out thanks to a bilateral agreement between the governments of Japan and Costa Rica called the Joint Accreditation Mechanism. This plan is focused on mitigating the effects of climate change with the use of clean technologies that reduce greenhouse gas emissions.

Credits to: Juan Fernando Lara, La Nacion.

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Located within a short 7-minute drive from the center of Tamarindo, Rancho Villa Real is a master planned development. Its location is very convenient. Around there are supermarkets, pharmacies, appliance stores, restaurants, private schools, and the gas station (all within 5-15 minutes away) and always accessible through good paved roads. In less than 30 minutes…more info.