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Family businesses and labor relations in Costa Rica: when the family is also part of the payroll
By Kimberly Esquivel, Esq. Labor Management Department A significant portion of Costa Rica's business landscape is comprised of family businesses. Many businesses begin with a founder who, over time, brings children, siblings, spouses, or other family members into the business operations. This model offers clear advantages, such as trust, a long-term vision, and a commitment to the company's continuity. When an organization grows and begins to incorporate workers who are no
EAS LATAM
Mar 315 min read


Functional currency in dollars and accounting in colones: what every entrepreneur should understand under IFRS.
By Rebeca Sequeira. Financial Analyst. In many companies operating in Costa Rica, especially in sectors such as tourism, international services, technology, or companies that are part of multinational groups, the operation of the business is clearly dollarized. Prices are negotiated in dollars, customers pay in dollars, and many business decisions are made in that currency. However, at the same time, the company must maintain its legal accounting records in colones for regula
EAS LATAM
Mar 274 min read


U.S. Expats in Costa Rica: One Move, Two Tax Systems
Gabriela Páez. Tax Manager As the April 15, 2026 filing deadline approaches—with an automatic extension to June 15, 2026 for U.S. taxpayers living abroad—U.S. expats in Costa Rica are entering the final stretch: not because tax rates are changing, but because compliance gaps are becoming visible. Most U.S. expats move to Costa Rica thinking they simplified their taxes. In reality, they did the opposite. They moved from one system into two, one based on worldwide income (U.S
EAS LATAM
Mar 172 min read
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