What is FOMO? According to the popular website Wikipedia, Fear of missing out is the feeling of apprehension that one is either not in the know or missing out on information, experiences, or life decisions that could make one’s life better.

This article is based on a personal experience. In Costa Rica there is an Expropriation Law, designed for when the Government needs to use all or part of private property for public purposes.

On December 13th, 2021, Law number 10,071 came into effect, called LAW OF ATTRACTION OF FILM INVESTMENTS IN COSTA RICA. In this way, Congress declares of Public Interest the attraction of investments from the international film industry

Many foreigners who decide to live in Costa Rica, or come to visit seasonally, find that it is necessary for them to acquire a vehicle to get around.

The current pandemic affecting the world generated an unexpected effect on the real estate market in Costa Rica.

It has been a common practice for expatriates to buy real estate property and vehicles in Costa Rica and proceed by placing the title on a corporation created with the sole purpose of protecting said assets from possible liabilities

Many expats coming to live or invest in Costa Rica decide or receive advice that creating a corporation is the best way to operate and protect their investment here.

All owners of real estate property with a size greater than 900 square meters (almost 10,000 square feet) who want to segregate lots, could find themselves with an unpleasant surprise as of September 13th 2020.

Covid 19 seems to be the most popular phrase of 2020 in Costa Rica and the entire world. This virus appeared as an unwanted host, destroying plans for education, health, jobs, and economic growth around the world.