Since 2009, the Civil Registry has referred 566 marriages for investigation to the Attorney General’s Office. In 49 cases a criminal conviction has been successful, and in 70 others a criminal investigation is ongoing. In every case, the event that triggered the investigation was the marriage of a foreign national, who sought naturalization to become a citizen of Costa […]
Archives for February 2015
Casa Canada/ARCR Silent Following Departure of General Manager Ryan Piercy
More than two weeks following the departure under mysterious circumstances of General Manager Ryan Piercy the Casa Canada Group and it’s division the Association of Residents of Costa Rica, ARCR Administration S.A. (or ARCR) have yet to issue a press release or public statement regarding its current management or future. The whereabouts of Piercy are […]
Central Bank Sells $37 million in USD to stabilize exchange rate
Costa Rican Central Bank (BCCR) announced on Wednesday that it had sold $21.7 million in dollars to stabilize the exchange rate. The news comes just three days after the BCCR announced a new monetary policy, abolishing a system of exchange rate bands, which it had concluded as obsolete. It also brought to $37.3 million, as […]
Costa Rica Central Bank Abandons Currency Bands for “Float”
Costa Rica Central Bank (BCCR) announced over the weekend that it will eliminate the system of maintaining an exchange rate floor and ceiling, and allow the exchange rate to “float”. A press release from the bank said that it had not intervened to change the value of the colon, outside of the bands since December […]