Howler's CR Biz and Dining Guide -September/October 2019

HOWLER

CR BIZ Real E st a t e , Bu s i n e ss a n d I nve s tm en t

AVANTI Provides Fresh Air In The

Car Rental Business Choosing a Property Manager Owning and Operating a Business in Costa Rica TAX Reform FAQs

DINING GUIDE Page 23

Free copy Sept / OCT 2019

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Luxury Real Estate

Costa Rica

COMMERCIAL REAL ESTATE SERVICES, WORLDWIDE

Buy | Sell | Rent | Property Management June 2019

Villa Christopher | $2,895,000 | 6 Bed/7.1 Bath | 5,500 SF Playa Flamingo - Beachfront

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Casa Islana | $2,395,000 | 8 Bed/8.2 Bath | SF Ocotal - Ocean View

Oceanica | $1,595,000 | 6 Bed/3.1 Bath

Casa Mar Vista | $1,25M | 4 Bed/4.1 Bath

Playa Flamingo - Ocean View

Playa Hermosa - Ocean View Potrero | $1,19M | 7 Bed/7.1 Bath

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Potrero | $649K | 4 Bed/3 Bath

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Casa Conchal

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Hermosa | $374K | 3 Bed/2 Bath

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Casa del Sol 23

Other Units Available!

Villa Sol 26

Flamingo Marina Resort 204

Ocean Views & Walk to Beach!

KRAIN Costa Rica | COMMERCIAL REAL ESTATE SERVICES Hermosa | $9M | 58 Hectares

Flamingo | $5.95M | 6782m2

Hermosa - Ocean View

Mixed-Use Development

Titled Beachfront - FLAMINGO

Hotel Site - Residential Development

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Beachfront

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Bagaces|$4M|1200Hectares

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or Private Estate

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+1M Existing Improvements

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5 Units | 15 Bedrooms

10 Baths | Reception | Pool

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Mixed-Use

Development

Conchal Hotel

& Papaya Restaurant

OUR PASSION IS REAL ESTATE. Our team is comprised of U.S. and Canadian licensed agents who have chosen real estate as their profession and value the high standards imposed by U.S. and Canadian licensing requirements. KRAIN’s local reputation and expertise is backed by its selection as a member of the Leading Real Estate Companies of the World®, a global community of over 550 international real estate companies awarded membership based on rigorous standards for service and performance. KRAIN is also the exclusive Costa Rica affiliate for NAI Global, the 4th largest commercial brokerage in the world, and Mayfair International Realty, a London based firm with a global reach. KRAIN’s Luxury Marketing is fueled by Luxury Portfolio. Simply put, we are the best at what we do. Our professionalism, knowledge, and high quality of service is the cornerstone of our unprecedented success and is our continued promise to you, our clients.

Breitlander Team

Peter & Sarah | Owners

Jeff Goode

Broker Associate

Chad Turner

Broker Associate

Jane & Dennis

Broker Associates

Les McIntyre

Broker Associate

Rick Swindell

Broker Associate

Monett Team

Doug & Sharon | Brokers

Jesse Lobb

Broker Associate

8413-7165 or 6148-0406 C.R. Cell: 8411-5347

C.R. Cell: 8410-5180 8844-2577 or 8701-8697 C.R. Cell: 8511-1625

C.R. Cell: 8419-4602

C.R. Cell: 8510-1154

C.R. Cell: 8530-0275

info@kraincostarica.com Jeff@kraincostarica.com Chad@kraincostarica.com Jane@kraincostarica.com Les@kraincostarica.com Rick@kraincostarica.com Doug@kraincostarica.com Jesse@kraincostarica.com

LeadingRE.com | LuxuryPortfolio.com | MayfairInternationalRealty.com

Offices in Tamarindo, Flamingo, Potrero, and Ocotal

Costa Rica

Luxury Real Estate

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CO N T E N T S

The Devil is in the Details of CR Car Rentals Cover Story

CR BIZ

6 - Cover Story: Costa Rica Car Rental Business Playing it Straght 10 - CR Biz 101: Owning and Operating a Business in Costa Rica 12 - CR Real Estate: Choosing a Property Management Company 16 - Bank Options: Why Belize is Suitable for Offshore Banking 18 - Legal Ease: Tax Reform FAQs 20 - Doing Business Right: Fruits of Their Labor 22 - Entrepreneur Costa Rica: Becoming Unstuckable

DINING GUIDE HOWLER

6 BELIZE?

Bank Options

va Conchal W Costa Rica – Reser ado -Cocina de Merc Featured Restaurant c Open to the Publi

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27 Dining Guide 28- Feature: W Costa Rica - Cocina de Mercado

Restaurants

16 W COSTA RICA Cocina de Mercado Dining Guide Feature

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29 - Reserva Conchal - Cocina de Mercado 29 - Reserva Conchal - Latitud 10° Norte 29- Reserva Conchal - Zona Azul 30 - Jacó - Trident Poseidon 30 - Jacó & Tamarindo - Costa Juice 30 - Jacó - Amara 31 - Jacó - Green Room 31 - La Fortuna Arenal - Pollo Fortuneño 32 - Huacas - New York Pizzeria 32 - Huacas - Soda Guaymy 32 - Huacas - La Playita Restaurante 33 - Playa Grande - Rip Jack Inn 33 - Playa Grande - Pots & Bowls 33 - Matapalo - Salon Victoria 33 - Villarreal - Black Stallion 34 - Flamingo - Margaritaville: 5 o’Clock Somewhere Bar & Griill 34 - Flamingo - Margaritaville: Banana Wind Cafe 34 - Flamingo - Margaritaville: Capriccios Pizza Bistro & Cafe 35 - Flamingo - Vaca Loka 35 - Surfside / Potrero - Potrero Grill 35 - Surfside / Potrero - The Beach House 36 - Las Catalinas - Sentido Norte

Read all current and past articles online

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Elevate Your Expectations

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For real estate sales or rental inquiries: info@360flamingo.com Costa Rica: +506 8802 4848 US Toll Free: +1 (877) 405-4996 Contact us to learn more about financing options!

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CR BIZ – COVER STORY

Will Avanti Be Your Go-To Car Rental Company?

It Believes Discount, Transparent Pricing and Customer Service Will Win You Over

by Nick Dauk

This type of insurance coverage is required in most countries around the world.

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aise your handif you have ever had a disagreement on payments and/or felt duped by a rental car company..

Don’t be embarrassed — our hands are up too!

It’s a safe bet that many of us, and other fellow travelers, have been misled, hoodwinked or flat-out lied to at some stage of a rental car transaction. All these negative things can happen anywhere, and that includes Costa Rica.

You can google basically any rental car company in the world and see negative posts.

Go ahead, google any rent-a-car company anywhere and now do it for Costa Rica. Oh-oh ... plenty of bad press.

For this to be a black mark on the country’s reputation as a travel and relocation hotspot is the last thing Anibal Morales, General Manager of Avanti Rent-A-Car, wants to see.

“Whether it’s bait-and-switch sales tactics or deceptive pricing,” he says, “no form of ill treatment should be tolerated as a rite of passage for car rental customers in Costa Rica.”

More often than not, Morales points out, people’s car rental experience is their introduction to Costa Rica, so he wants to get them going on the pura vida vibe.

“Its one of the first services that most visitors or newcomers seek out of necessity.

It’s shouldn’t be a sport or a game.”

When Howler was approached by Avanti Rent-A-Car for a promotional partnership, its business model was a breath of fresh air.

Morales was quick to point out that Avanti was created with one goal in mind: to be the trusted, price-transparent rental car source in Costa Rica.

“We want to be known as the go-to car rental company, providing this needed service for a fair price with great customer service.”

Price transparency cr ystal-clear

Whether needing a rental car for vacation, for business or while your car is still at the mechanic’s shop, you always have one eye on your finances. Budget-minded consumers do their research and plan their howlermag.com

costs accordingly.

Yet, it’s not unusual for rental car customers to be shocked when the final price they are asked to pay at the counter is significantly higher than what they were quoted. Typically, they are blindsided when the mandatory insurance requirement suddenly drives up the price, especially if the rental car company fails to mention it until they are deep into the final contract details.

The truth? All car renters in Costa Rica are required by law to purchase Third Party Liability (TPL) insurance coverage. It protects drivers and passengers against injuries, as well as damages to people or property outside of their vehicle. This type of coverage, also known as Supplemental Liability Insurance, is required in most countries around the world.

A common misconception is that your personal car insurance, travel insurance or credit card company covers mandatory TPL insurance in another country. You might have even been told — or mistakenly believed — that it does. Again, that is not the case in Costa Rica, where TPL insurance must be purchased in the country.

To avert any confusion or unpleasant surprises, Avanti includes the TPL cost in its all-inclusive car rental price quotes. No additional taxes, fees or miscellaneous charges are sprung on customers unexpectedly.

Understand your options and what they truly mean

On the other hand, many customers are unwittingly persuaded by a car rental agent to purchase Collision Damage Waiver (CDW) coverage unnecessarily.

Knowledge is your best protection against this common cause for regret.

Although CDW is completely separate from the mandatory Third Party Liability insurance, it can be purchased in addition at the car rental company if needed.

This depends on whether you already have protection under another car insurance or travel policy, if not a qualifying credit card provider. In fact, most major U.S. credit card companies do provide CDW coverage as a cardholder benefit but do not assume that yours does.

Be sure to verify ahead of time whether your coverage through another insurance or credit card provider is international. In addition, obtain proof in writing that you can present to the car rental company. As a further precaution in Costa Rica, find out if a Spanish translation of this verification might be required.

If a car rental company demands that you purchase its CDW insurance in addition to the mandatory TPL insurance, and you are absolutely sure you are covered, we recommend you go to a different car rental agency.

As a related precaution, be very clear about deposit requirements ahead of time. Avanti deposit requirements are clearly outlined on its website.

Be aware that not purchasing CDW coverage from the car rental provider will result in a larger deposit. Right or wrong, this is standard practice for the Costa Rica car rental industry.

Important: Although some car rental companies accept debit cards for deposit payments, credit cards are generally

Anibal Morales, General Manager, Avanti Rent-A-Car

Consumer Checklist

S

ome of the most confusing or commonly misunderstood aspects of car rentals are addressed in the adjacent article. Whether or not the onus should be on car rental companies to communicate more clearly or thoroughly, there’s little doubt about the negative impact on customers’ experiences and perceptions.

The more proactive consumers can be while comparison shopping for car rental quotes, the better. The following is a checklist of key issues covered in the article, along with some additional questions to help you finalize your decision.

•

What is the amount of deposit required? Is the deposit amount (or range of amounts) based on the level of insurance coverage?

•

What specific types of damage are covered and NOT COVERED by the deposit? Be wary of the potential to be “dinged” unreasonable charges for very minor damage.

•

Are debit cards accepted for the deposit or only credit cards? If debit cards are accepted, bear in mind the length of time you might have to wait for your bank account to be reimbursed after returning the vehicle, compared to immediate reversal of a credit card account hold.

•

What “official” proof is required of my existing Collision Damage Waiver (CDW) insurance? Does this need to be translated into Spanish?

•

What if your car rental is booked online through a third-party travel service provider (e.g., Expedia, Priceline, etc)? Are you charged a higher rate that overrides the transparent prices promoted independently by the car rental company?

•

What about theft or loss/damage to my personal belongings in the car? Are you covered through your home property insurance or a travel policy? Be aware of your existing protection or need for additional coverage not included with TPL and CDW insurance.

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recommended as the best option, especially if you already have your own CDW insurance.

Anyone opting to use a debit card for the deposit transaction must clearly understand that ALL car rental companies will debit your bank account, as opposed to putting a hold on your credit card account. With that typically comes an inconvenient wait for your bank account to be reimbursed after returning the vehicle, whereas a credit card account hold is reversed immediately. To minimize bank issues, Avanti is currently preparing a document stating Avanti has returned the debit card deposit, should you experience any delays on your bank side of this transaction.

True discount means no monkeying around

If it sounds too good to be true, be careful. Even the savviest of consumers can fall into price traps. We are talking about internet search results that tout $10-per-day or even $5 daily rates.

Really?!

As you compare car rental costs in Costa Rica — a wise practice for visitors and locals alike — you may notice companies claiming to offer “discount” or “budget” rates. The asterisked text may be less eye-catching — details in small print about the final price being subject to the above-mentioned insurance costs, additional taxes and fees.

Comparison shopping is only effective on an apples-to-apples basis. Even if you have to dig deep during your car rental

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research and ask questions more than once, try to come away with the most straightforward, all-inclusive rates as possible. Then we encourage you to compare the quotes you receive from other companies — even those offering special “discounts” — with Avanti’s all-

If it’s your first car rental experience here, we hope it’s the beginning of your love affair with our beautiful country. inclusive rates.

On average, Morales says he’s confident that Avanti’s price will be 20 percent, or up to 30 percent, lower than any other car rental service in Costa Rica.

Further, discounts are rewarded to longterm renters and returning customers.

In addition, Avanti is excited to offer Howler readers a 10 percent discount on any car rental. .

What about what-ifs?

Accordingly, your choice of rental car service in Costa Rica should take into account the unexpected. A straightforward process for “plan B” assistance can make all the difference when encountering more than your average bumps in the road.

Reliable customer service, as well as safety, are not always a matter of getting

what you pay for. Nor can assumptions be based on whether you are renting through a large franchise corporation or a smaller-scale local entrepreneur. What matters is that the car rental company has your back in the event of a mishap anytime, anywhere.

Morales assures Avanti customers that someone is always available to assist, 24-7. A helpline number is provided when renting the car and on the website. In cases of vehicle damage or breakdown, for example, a coordinator (usually Morales) arranges transportation to the client’s destination and/or a replacement vehicle as soon as possible.

“We know our clients’ time is valuable, so we are going to make every effort to get them on their way as fast as possible,” Morales says.

Customer care so you feel at home

Costa Rica holds a special place in the hearts and minds of visitors, expats and locals alike, Morales says of Avanti’s customer service mission.

“We want our customers to feel like members of the Costa Rican community. You are not just another tourist passing through. If it’s your first car rental experience here, we hope it’s the beginning of your love affair with our beautiful country. We want you to think of Avanti as your keys to Costa Rica.”

Do your homework, drive safe and enjoy the pura vida experience.

Don’t forget to mention Howler to receive an additional 10 percent discount on top of Avanti’s unbeatable prices. howlermag.com

The All- Inclusive Car Rental Quoted Price Includes Mandatory 3rd-Party Liability Insurance

Your Keys to Costa Rica 10simply % Discount mention HOWLER 4700-8966

•

avantirentacar.com

Free Perks, No Hidden Fees. Long-Term Rental Discounts

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Owning and Operating a Business in Costa Rica

CR BIZ 101

What Employers Need to Know

by Mary Demeter

You may own and manage the business, but not perform tasks or duties.

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o, you’ve moved to the land of pura vida and are ready to launch your small business. Maybe you saw a need in the community, such as a lack of bagels (crazy, right?) and you want to open a bagel shop. Or, perhaps, you are more on the technical side and wish to provide services rather than a product.

Like all countries, there are laws and regulations in Costa Rica governing how foreigners may legally operate a business.

This article addresses one of the most typical business structures, one with employees.

Star ting a business with employees

The first step for any business in Costa Rica is forming a corporation under which the business will operate. This is important to protect the business owner from liability.

Every country has its own lingo, but if you’re from the U.S. this would be similar to an LLC. The process to form a corporation is simpler in Costa Rica than other countries — and faster. The key is to retain a reputable attorney to guide you through the process and ensure all legal requirements, such as

registering the corporation in the National Registry, are properly followed. (Additional details were published in the Howler’s June 2018 LegalEase article, "Corporations in Costa Rica.")

Next, understanding employment laws here is critical. If you are not a legal Costa Rican Permanent Resident, you are not legally allowed to work in your business as a front-line person. You may own and manage the business, but not perform tasks or duties.

Using our bagel shop example, the business owner may hire, fire and train shop employees but not make the bagels and sell them at the counter.

Expats have made the mistake of trying to slide under the radar of this law, counting on not being “caught.” Some have had their businesses shut down with penalties when immigration officials conduct random employment checks.

In another example, if you own a B & B and are caught making breakfast for your guests when an immigration agent pops by, you run the risk of deportation, among other severe penalties. Like most countries in the world, the Costa Rican employment laws are designed to protect the rights of the working howlermag.com

citizens of this country.

Some of the legal requirements to work here are: • You must either be a citizen of Costa Rica or have legal Permanent Residency. This does not include being in the country on a Tourist Visa, even long-term.

• You have an annual work permit.

Employer responsibilities

Once legal employees are hired for the business, it is important to understand your requirements as an employer. Not all the employment laws can be covered in this article. We will focus on one of the most important, relating to employee benefit requirements.

Social Security Benefits These are payments to the Costa Rican Social Security Fund (CAJA). Both the employee and the employer are required to pay CAJA fees. This includes payments for the retirement benefits for the employee and for healthcare coverage.

Employers are required to pay 26.33 percent of the employee’s salary to CAJA and employees must pay 9.34 percent. It is the employer’s responsibility to collect the employee’s portion from salary amounts. In total, the employer pays CAJA a total of 35.67 percent of the employee’s earnings.

For example, if your employee earns $100 USD, you must pay $35.67 to CAJA, from which $26.33 is your share and $9.34 is the employee’s.

Vacation Depending on the amount of time worked, an employee will have a certain number of paid vacation days per year. The employee has the right to receive two weeks of vacation per work period of 50 consecutive weeks.

Aguinaldo This is a Christmas bonus, which must be paid within the first 20 days in December.

The aguinaldo is calculated according to the employee’s average monthly salary between December 1 and November 30 (12-month cycle preceding December 1).

Like all countries, the labor laws in Costa Rica are extensive. Future Howler articles will cover more of them. In addition, we will look at other types of businesses, such as those with no employees.

The biggest takeaway for Howler readers is that it’s important to follow the laws in the country where you’re residing. Obtain reliable legal advice to ensure you are compliant. Ignorance of the law is no excuse.

We should all embrace a system that protects the residents of the country where we operate a business.

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CR BIZ

REAL ESTATE 101

Choosing a Property Management Company

by Jodee Lynette

You will never regret reading and understanding a property management contract.

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o you decided to buy property in Costa Rica but you can’t live here full time — yet. Now you need to manage and maintain your property and costs while you wait to make your dreams come true here.

Ideally, you can find ways for the property to “pay for itself ” and be occupied.

This is usually done by renting it long-term to one tenant or by allowing it to be used as a vacation rental. Both offer the advantage of your property not sitting empty for long periods of time and income to cover its costs.

A long-term property rental will provide a stable income and can continue months without a bump. Vacation rentals can make extra money from higher rental prices, but entail more frequent management tasks.

Both require oversight for a smoother experience.

A property management company can take care of everything while you’re busy working and keeping your daily life on track elsewhere. It can provide great solutions and results, helping you to treasure and enjoy your second home in paradise with no regrets.

In Costa Rica, there are many property managers to choose from. You will have a better experience if you take the time and give serious thought to selecting the right one. Here are some actions and considerations.

Read the contract

Read it from beginning to end. If you don’t understand something in the contract, ask!

I know it can look daunting and it’s hard to focus while sipping your margarita poolside. But you will never regret reading and understanding a property management contract. It’s almost a guarantee you will regret it if you don’t.

Understand the fees

There are many ways for a property management company to make money. Most of them are legitimate and hard-earned, but there can be some that you wish you had paid attention to.

For example, be clear about these aspects of repairs, renovations and cleaning.

• Is there a percentage mark-up on repairs and renovations?

• Contracts should specify a limited dollar amount for repairs, maintenance, improvements or renovations that the property management company can spend without owner approval. Keep that amount low. Make sure the repairs are needed and double-check your warranty for possible cost coverage.

• Is there a percentage mark-up on cleaning supplies and other supplies?

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Are these supplies being used only for your own property or for others in the rental pool of your property management company?

Online listings

A property management company will list your property on many online travel agencies (OTAs), otherwise known as booking sites, as well as real estate sites, websites, social media and more. Most contracts will address the owner giving permission to the manager to create these listings but I have rarely seen a contract that addresses who owns these listings when the relationship between owner and manager ends.

This is quite a slippery slope and it will never end in your favor. If the property manager has the username and password to the OTAs and other online listing sites, it is very difficult — if not impossible — for you to gain “ownership” of those property listings.

That means if you decide to change property management companies or start doing the job yourself, any search engine optimization or page

positioning advantage your property has earned is lost and you start at the bottom again. It means that if the company took professional pictures, which you no doubt paid for, you won’t have access to those pictures. It means you lose all those great reviews. I could go on but I think you are feeling the pain just thinking about this.

Make sure that there is a clause in the contract stating that you have proprietary ownership of all your property listings that aren’t on the management company’s private sites. It should stipulate that when the contract ends, or at any time, you will receive all the usernames and passwords for your listing on all internet and social media sites. Otherwise, if you decide to change directions with your property, the management company you’ve been dealing with can hold you hostage. You may never feel free to make another independent decision about your property again if you don’t own your web presence.

Ask questions

Are the owners and managers local? This is a

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key question.

Some property management companies are run by owners or managers who have the same dream as you do. They want to live in paradise full-time but haven’t quite figured out how to do that.

Don’t get me wrong, quite a few property management operations can and are done “remotely.” It is understandable if certain company management components are done by someone who is not local. But, there is a huge part of the business that does require a local presence and oversight.

Paying attention to the following aspects of managing your property requires local owners and managers: • Responding to the needs of vacation rental guests or longer-term tenants.

• Going to the property and inspecting it when it has been vacant for a while.

• Showing your property to prospective customers.

• Responding to repair and maintenance needs.

• Knowing the local service providers for bigger issues.

• Most importantly, oversight of these activities.

These are just a few of the reasons why you want to be sure the property management company you choose has a strong local presence.

Some other questions could include: • What is the company’s experience in property management?

• What is its experience here in Costa Rica with property management?

• Is property management the main business or is it doing other things?

If so, what else (is it a related business)?

• How many properties does the company manage? Why so many?

Why so few?

• How are tenants screened?

• What type of management software

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does the company use? Is there an owner portal?

• Can it provide references?

These are just a few of the many questions you should be asking. In a condo situation where there are many rental or vacation units to choose from, how can you be sure the property management company is giving yours a fair rotation as people are booking?

See the results

One of the most important pieces of information you need in choosing a property management company is the results — current and past. Try to see for yourself firsthand, to the greatest extent possible, by asking.

• Ask for a tour of a few properties the company manages. Assuming you will be shown the company’s best or favorite locations, you should be able to notice, in the details, how much attention or neglect the property is experiencing.

• Ask for references. Then actually check them out with other property owners. Let them talk.

• Ask for a list of other properties the company manages and check reviews on the internet.

Marketing

Although the care of the property and the service that guests and owners receive is important, if the property management company does not have a good marketing approach, your property will sit empty. It’s important to find out what the company does to market its properties.

• What OTAs does it use?

• What social media is it active on?

• What does the company website look like? Can it build a website for just your property? Can its reservation software be connected to your individual website?

• How does the company actively keep its marketing current and fresh?

• Does it personally show properties to potential customers and will you get a report when there are showings?

• Get a list of the company’s properties and go look at them on the internet.

Do a google search. Check out those properties on booking sites. Are they just sitting there or is there activity? Check calendars to confirm occupancy claims.

If you are talking to agents who are good at sales you will know it, because they are working hard to sell you their service. If they aren’t selling you on using their service, then how can they be selling your property to a potential tenant or vacation renter?

After the contract is signed

Don’t disappear after the contract is signed. If you show that you are paying attention to your property, then the company will pay more attention too.

• Ask to receive a report every time your property is shown, and a weekly report when it sits empty.

• Seek out second opinions on repairs, maintenance, and renovations.

• You can turn over all the calls you receive to the management company but then follow up with the prospect to make sure they were contacted.

• Stay tapped into how the company is promoting your property, both passively and actively. Your attention will encourage it to pay more attention to your property.

Owning a property that you don’t live in full-time can be a daunting experience. If you choose the right management company, it can be a joy that brings you pura vida peace and tranquility for many years to come.

Choose wisely.

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Telephone: 2667-1020 x2504 or 7161-3931 www.desyfin.fi.cr

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BANK OPTIONS

Why Belize is Suitable for Offshore Banking

by Luigi Wewege

When it comes to offshore banking solutions, would-be clients can certainly feel overwhelmed with the plethora of choices available. Yet, over the last couple of years, Belize has become a go-to for many investors looking for security, stability and new investment opportunities. Here, Luigi Wewege, Senior Vice President of Caye International Bank, writes on the unique benefits that Belize has to offer, and how it has become the region of choice for savvy investors from all over the world. Caye International Bank was recently recognized by Wealth & Finance INTL as the ‘Best Offshore Private Bank in Latin America’ in the 2019 Banking Excellence Awards.

O

ffshore banking has long been a popular option for those who want to secure their financial future, whether that be for their dream retirement or, more simply, to ensure that their liquid savings are safe and secure in the hands of expert financial establishments.

When you bring up the idea of offshore banking, it’s not unusual to get a dozen different opinions about where the best tax haven is or where banks are most eager to get foreign investors. Look beyond all the noise and you’ll find that Belize is consistently chosen by savvy investors for offshore banking.

Clearly, Belize has a lot to offer those interested in the financial side of the equation.

Ease of banking in Belize

Something that can’t be ignored is the ease of managing an offshore bank account in Belize. Some people are worried about offshore banking because they don’t know what to expect, or they are worried about it being difficult or inconvenient. In reality, that misconception couldn’t be further from the truth.

To start, the official language of Belize is English.

Although you might hear Spanish, or even Creole is spoken on the beach, financial professionals all have

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a complete and fluent command of English. Whether you’re signing a contract or reading the terms of a new account, it will be in English. You won’t need a translator, nor will you have to pay to have English documents translated. In short, there is no need to be concerned about a language barrier at any point.

Another reason that banking in Belize is so convenient is the time zone. Belize is located in the Central Standard Time Zone (CST). That means it is the same time on Ambergris Caye, Belize, as it is in Chicago. Some people are concerned that offshore banking means getting on the phone in the middle of the night with banking staff, but that’s not the case in Belize. Banks operate during normal office hours, which just so happens to coincide perfectly with most North American hours of business.

Of course, you may not want to communicate over the phone about your offshore banking needs at all. Fortunately, the convenience of banking in Belize also extends to online banking services. As long as you have access to an internet connection and a smartphone, tablet, or computer, you can transfer money or check your account balances with the click of a button.

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Unparalleled asset protection and privacy

In decades past, certain nations held a monopoly on banking privacy and anonymity. As those destinations received more and more publicity, however, banking clients actually received more scrutiny, not less.

In Belize, banks still operate in a way that grants account holders and businesses financial privacy as well as asset protection. This doesn’t mean that you can open a bank account anonymously or avoid taxation in your home country. What it does mean is that once your assets are placed in a bank account in Belize, those assets are far more secure than they would be elsewhere. If you face lawsuits or the freezing of your assets in the future, your accounts in Belize will remain secure. Plus, those who operate businesses within Belize can protect the identities of board members or shareholders if desired.

Diversification is key

Reputable banking systems

People delve into offshore banking for varied reasons.

However, one of the most common is to diversify financial holdings. A basic tenet of Economics 101 is that in order to reduce risk, you need to diversify. Many people diversify but continue to maintain their holdings within a single country’s jurisdiction. Ultimately, true diversification also includes geographic diversification. Although Belize offers a chance to invest in a new geographic location, it also offers all the things you expect in a secure financial environment. This allows for diversification without the stress of learning a new banking system or even a new legal system. Belize operates according to common-law systems similar to those you find in Britain, the United States, or Canada.

If you choose to bank offshore in Belize, then it makes sense to bank with an institution that is established, financially solvent and recognized for its banking excellence. When selecting a bank, ensure it is compliant with necessary regulations and is licensed to provide international banking services to both corporations and individuals. Caye International Bank certainly fits these criteria.

Discover banking in Belize

Clearly, plenty of investors around the world appreciate what Belize has to offer and choose this location to assist in asset diversification. When looking for the best locations for offshore banking and investing, you’ll be hard-pressed to find any more favorable than Belize.

Secure your future with private offshore banking

San Pedro Town, Ambergris Caye, Belize, Central America Telephone: +501-226-2388 or +501-226-3083 services@cayebank.bz www.cayebank.bz HM HOWLER MAGAZINE | 17

CR BIZ

LEGALEASE

Tax Reform FAQs

by Ivan Granados

O

n July 1, 2019, major Costa Rican tax reforms went into effect nationwide.

Lack of adequate government information beforehand has led to quite a bit of misinformation being circulated on social media and elsewhere. Many expats and locals alike are left confused and with questions. Here are some of the most frequently asked questions and our answers.

1.

2.

The tax reforms do not affect the protections provided by forming a Costa Rican corporation.

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Under the new laws, does having — or forming — a corporation still protect a business owner or property owner from lawsuits/liability?

Yes. The tax reforms do not affect the protections provided by forming a Costa Rican corporation. Corporations still offer the advantages of liability protection, flexibility, and greater ease in handling estate/probate matters. Our most recent LegalEase article, in the July/August 2019 issue, elaborates.

What are the dates of the new Fiscal Year (FY) 2020?

The next FY will be extraordinary, running from October 1, 2019 to December 31, 2020.

Beginning in 2021, the annual FY will begin on January 1 and end on December 31.

3. Do I need to file a monthly tax form (for $0) if my corporation is inactive?

If the corporation is “inactive” — meaning no income or no activity that generates income, and not registered as taxpayer — there is no need for monthly tax filing.

However, law 9635 does require that a new tax form be submitted to disclose the assets and/ or patrimony of the corporation. This must be done yearly. We are still waiting on final information about this from the Tax Office.

4. How are the extra three months in FY 2019 being handled for payment of annual taxes? Will the three months be paid separately or will the annual tax filing be for the full 15 months?

Taxpayers must submit their 2019 filings as usual, with the current FY ending September 30, 2019.

NOTE: October, November and December 2019 will be a part of FY 2020 and considered a special term.

5. Are there any new taxes related to education costs or fees?

Yes. Any school costs (public or private), as long as the school has been approved by MEP or CONENSUP, will be tax exempt. If the school is not approved by those government agencies, there will be a 13 percent tax applied.

After-school activities are now taxed at 2 percent or 13 percent, depending on the activity. This applies to public and private schools. It includes sports activities. This applies to anything that you are paying directly to the school, as these activities are considered services.

6. What taxes are new regarding healthcare?

There is a new 4 percent tax on private healthcare fees specific to doctors, hospitals and clinics approved by the Ministry of Health. Also, depending on your method of payment (cash or credit card), that tax is handled in a different way.

If you pay for your doctor’s visit with a credit card, that 4 percent tax will be charged to you and subsequently reimbursed to you. If you pay with cash, the 4 percent tax will not be reimbursed to you. Any aesthetic procedures will be taxed at 13 percent.

These are just some of the most frequently asked questions regarding tax reforms in Costa Rica. Several other questions have been raised that we are unable to cover in this magazine article. For answers and more details, visit howlermag.com/legalease.

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HM HOWLER MAGAZINE | 19

CR BIZ

Costa Rica's First Lady, Claudia Dobles visits to learn about the project.

Fruits of Their Labor

by Nicole Rangel

Reserva Conchal Helps Local Women Provide for Their Families and Community

W

DOING BUSINESS RIGHT

hat happens when women sharing a desire to be entrepreneurs see their husbands working hard at a company with strong community values and support? Hortalizas Najui (Najui Vegetables) is a Guanacaste partnership between five such likeminded women in collaboration with Reserva Conchal and the National Agricultural Technology Institute (INTA). The joint initiative is already showing impressive results in generating sustainable income for the womens’ families and organic produce for the community.

Four of the original women have spent countless hours learning about horticulture, farming, hydroponics and pH levels to develop the first organic vegetable and herb garden at Reserva Conchal. The goal is to supply 20 percent of the produce to the onsite restaurants and the remaining harvest will be sold by the growers to Reserva Conchal employees and the local community. INTA has been beside them all along, teaching every required skill and working with Reserva Conchal to find the perfect location on its 930-hectare property for creating the farm-to-table organic garden.

Three puzzle pieces

INTA has spent many years studying Costa Rica’s diverse ecosystems and how to support

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agriculture in each one. For Guanacaste, the key challenges include dryness during half of the year and elevations near sea level.

For Hortalizas Najui, which was the closest project to the ocean, INTA opted to recreate the casa malla (farm-to-table) model used in other locations and has experimented to find the best combination of hydration and nutrients to cultivate the current crops.

The Reserva Conchal farm-totable organic garden can be seen on the road between Huacas and Brasilito, across from the bomberos (fire station). It incorporates a hydroponic watering system hat recycles the water daily. In addition, compost produced on-site from the resort’s hotel wastes provides fertile growing soil. (Learn more about waste management at Reserva Conchal in a May 2019 Howler article.)

Hortalizas Najui supports Reserva Conchal’s triple bottom line strategy, in which financial, social and environmental sustainability are valued equally. The women involved are not only able to give back financially to their families, but also to share their knowledge and sell the fruits of their labor to their neighbors, while supplying the Reserva Conchal restaurants with organically sourced produce. The wider impact is to empower women in the community and support local business, consistent

with the core beliefs of Reserva Conchal and its parent company, Florida Ice and Farm Co. (FIFCO).

Uncommon varieties introduced

One of the project’s greatest accomplishments has yielded vegetable varieties not common in this area, such as kale and rugula. The women who worked so diligently to make this possible have taken some of their prized produce home to share with family members and neighbors who have never seen or tasted these types of vegetables. For a community whose diet has been relatively limited, access to more diverse produce options can lead to healthier food choices in the future. Local residents are excited to visit the greenhouse and buy the produce when it’s ready.

“I have been so happy to see these little seeds grow with our love, and to taste these new plants,” says Carolina Canales, whose face shines while describing them. “There is so much to learn; it was hard, but we did it. My family is proud.”

Hortalizas Najui still has some growing pains in terms of fine-tuning the right planting, watering and cultivation for each variety being grown. The first bounty was sold to Reserva Conchal employees in May, with plans for opening to the public in the next few months.

Photos courtesyhowlermag.com of Reserva Conchal

Time now to make your investment in Costa Rica!

Guanacaste’s Gold Coast has a wide selection of properties Many different sizes and prices. Every legal requirement met.

Contactar en español: 7267-3635 - Contact English: 4702-5771 Email: bravoledezma@hotmail.com

Lots and Fincas Tourist Center Condos Condo Complex

Hotels Houses/Cabinas Bars and Restaurants Apartment Buildings HM HOWLER MAGAZINE | 21

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ENTREPRENEUR COSTA RICA

Becoming Unstuckable: Your Personal Business Mission

by Joanna Blanco

A business can keep running as always for 24 hours at a stretch, but your mind cannot.

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U

nstuckable may not appear in most conventional dictionaries, but nonetheless has found its place as a business-motivational buzz word.

My mission as a health coach is to help people rebalance their lifestyles in ways that are beneficial and sustainable for physical and mental health. This guidance encompasses business as well. Having an unhealthy relationship with business can create a vicious circle and interfere with our overall well being and happiness.

I commonly see people struggling with one of these two scenarios: doing what they love, or trying to love what they do.

Sometimes, life can bring unfortunate circumstances into our business life, however much we love what we are doing. This can cause anxiety, discomfort and mood changes with potentially destructive consequences for our healthy routine and sense of excellence.

Any situation that has this kind of effect on you mentally can be a red alert for yourself and your business.

Some tools for becoming “unstuck” in this instance, and “unstuckable” moving forward, can be helpful. This is what I recommend to clients.

Clear your mind

There are many ways to do it, depending on the symptoms. I have my favorites.

For anxiety, stress or a foggy mind, I have two primary methods.

1. One involves deep breathing. I like to suggest this 4-7-8 breathing technique that I learned from Dr. Andrew Weil. Repeat these steps three times, several times throughout the day: • Breathe in through your nose, counting to 4.

• Hold your breath, counting to 7.

• Release the air counting to 8.

2. “Take 5” is the other technique that I like.

Simply take five minutes off, whatever you are doing, when you feel like it’s too much at the same time. Use those five minutes to sip a glass of water, eat a snack or make a personal phone call. This break can be enough to help take your mind off the situation that is finding you stuck.

If the situation and your anxiety persists I recommend striving for a change in your routine. It will help to add some activity that helps you eliminate or ease the stress.

For example, meditation can help you relax. You can try waking up earlier and start meditating for five minutes. Alternatively, you can start your day with exercise: yoga, running, swimming or almost any other physical activity can help you to release serotonin. As you might know, serotonin is a neurotransmitter essential for many howlermag.com

physiological functions and feelings of well being.

What you eat also affects your mood. If you are a coffee drinker, check how many cups you are having throughout the day. Even if you think the caffeine won’t prevent you from falling asleep, high amounts can still affect your state of mind.

You might also check the sugar and refined flour content in your diet, and substitute fruits and vegetables. Try to prepare your meals as much as possible at home. Eating healthier enables your body’s detoxing process to function properly. This, in turn, contributes to a clearer mind and better focus to more easily manage your work agenda.

Redo your action plan

When my clients experience symptoms other than those mentioned above, I guide them towards finding a new idea. The first step is to take some time off: 24 hours is a minimum requirement to eliminate confusing thoughts. Remember, a business can keep running as always for 24 hours at a stretch, but your mind cannot.

Also keep in mind that during those 24 hours, your body needs seven to eight hours of sleep. This is necessary both for the mind to rest and the body to recover. It would help even more if you had time to eat appropriately, and time to connect with others, as well as some spare time.

This is my way of telling you that you cannot, and should not try to, work 24 hours straight. If you feel stuck, clear your agenda for one day. After this day off, you should feel as good as new. Then you can redo your action plan — not only for your business but for yourself.

New, good ideas come when you have a good state of mind. By balancing the only 24 hours you have every day between work, diet, physical activity, relaxation and sleep, you can be more assertive with all the steps that follow.

Nutrition Advice / Time Management Body & Mind Wellness

If you are looking for a healthier and happier lifestyle, Follow @MovimientoSattva Joanna Blanco offers tips and ideas to make your goals clear and reachable, and become the best version of yourself.

HM HOWLER MAGAZINE | 23

CR BIZ DIRECTORY Real Estate, Property Management

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Hermosa del Mar Plaza #7 Mon-Fri, 8-5, Sat, 8-noon 4702-7098 / 2665-8746 info@costarica-brokers.com

GM ATTORNEYS Legal Services Full service in all areas of law Tamarindo, Flamingo & Nosara Mon-Fri, 9-1, 2-5 2654-4367 / 2653-2155 info@gmattorneyscr.com

COMMUNITY CHURCH

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RE/MAX OCEAN VILLAGE Making Dreams Come True Experienced professional real estate sales team serving the entire Papagayo region Playas del Coco, Ocotal, Playa Hermosa, Playa Panama Daily, 8-5 2670-2175 remax-oceanvillage-cr.com

COMMUNITY

Playa Tamarindo 7 days a week, 9-5 2653-0073 www.remax-oceansurf-cr.com

BUILDING SUPPLIES PLAYA HERMOSA

Flamingo, Potrero, Tamarindo Daily 8-5 2654-4010 info@kraincostarica.com

RE/MAX OCEAN SURF & SUN Nobody Sells More Real Estate Sales of residential condos, homes and single-family home sites

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BROKERS COSTA RICA Property Management & Rentals We specialize in luxury rentals and property management

ATTORNEY

REAL ESTATE & PROPERTY MANAGEMENT

KRAIN Luxury Real Estate Member of Leading Real Estate Companies of the World

KRAIN Luxury Real Estate Member of Leading Real Estate Companies of the World

BOOKSTORE PLAYAS DEL COCO

HORIZON PACIFIC Property Management and Rentals A leader in quality properties and services: Vacation rentals, management, association administration Tamarindo, Plaza Palmas #17 Mon-Sat, 9-5, Sun 9-2 2653-0390 horizonpacificvacations.com

REAL ESTATE & PROPERTY MANAGEMENT

REAL ESTATE & PROPERTY MANAGEMENT

ABC REAL ESTATE Fine Selections by the Beach We offer personalized service and a full range of real estate services Plaza Tamarindo Mon-Fri, 9-5, Sat, 9-1 2653-0404 tamarindo@abccostarica.com

THE BOOKSTORE OF THE WAVES New and Used Bookstore Stamps, mail delivery, free WiFi and so much more Tamarindo 2653-2670 Alei@bookstoreofthewaves.net TheBookStoreoftheWaves

M&G DE HUACAS Marble, Granite and Quartz Custom countertop, highest quality and materials, free inspection and quote 50m east, 150m north, 75m west Huacas Community Center M-F, 7:30-5, Sat, 7:30-2 8840-3815 litomtz74@gmail.com

CEPIA Nonprofit Organization We promote culture, health, sports and education for children Huacas Mon-Sat 2653-8365 cepiacostarica@gmail.com

BEACH COMMUNITY CHURCH Love God, Love Others Come join us on this journey as we discover the Author of Life Brasilito, before CRIA Sun 10am-English, Sat 6pm-Sp. 8621-6273 info@ beachcommunitychurchcr.com howlermag.com

COMMUNITY & SERVICES DIRECTORY

CARIVE PRODUCTIONS Photo and Cinema High-end professional photography and cinematography based in Tamarindo.

Tamarindo 6105-1069 info@cariveproductions.com www.cariveproductions.com

TONY ROBERTS PHOTO VIDEO Complete Photo and Video Services Shoots by appt for sports, portraiture, properties, exterior/ interior and video editing Guanacaste & all Central America (506) 8754-0798 tr@tonyrobertsphoto.com tonyrobertsphoto.com @tonyrobertsphoto @realsurftrips

PEST CONTROL

PHOTOGRAPHY

DENTAL SERVICES

TAMARINDO DENTIST First Dentist in Tamarindo Implants • Orthodontist • Endodontist • Cosmetic Dentistry Tamarindo 24/7 for emergencies 2653-2020 smile@tamarindodentist.com

PHOTOGRAPHY

DENTAL SERVICES

PACIFIC SMILE DENTAL CARE Kids & Adults - English Speaking Highly experienced staff— orthodontics, implants, endodontics, gums Near Auto Mercado, Tamarindo Mon-Fri 9-6, Sat by appt.

2653-4354 info@pacificsmilecr.com

CABO VELAS PEST CONTROL Pest Control - English Speaking Bug Busters is now Cabo Velas Pest Control with 10 years of experience El Llanito, Villarreal Mon-Fri, 7-4 8416-4860 / 8702-6807 bamboopq@yahoo.ca

CAVALLINI VETERINARIAN Animal Hospital Full-service veterinarian hospital for all animals and wildlife Royal Palms Plaza, Santa Rosa M-F, 8-noon, 1-7, Sat, 8-12, 1-4, Sun, 9-noon, 1-5 (pet shop only) 2652-9009 / 8815-5713 (24/7)

HM HOWLER MAGAZINE | 25

www.FlamingoBeachRealty.com (CR) +506 8402-2795 (US) 1-239-205-5097 Exceptional Service Casa Piedra

$1,980,000 6 beds / 4 baths 4305 sq ft

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2 bed / 2 bath Steps to the Beach! Walkable to Shops & Restaurants 1300 sq ft

Playa Flamingo, Northridge

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1559.8m2 of usable land!

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Playa Conchal, Reserva Conchal

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Genuine Care

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Playa Flamingo, Northridge

•

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Walkable to Grocery and Restaurants

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$174,900 3 bed / 3 bath 1235 sq ft

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HOWLER

DINING GUIDE

W Costa Rica – Reserva Conchal Featured Restaurant-Cocina de Mercado Open to the Public

#howlermag #SearchFindHowl howlermag.com/diningguide HM HOWLER MAGAZINE | 27

Meet Your Friends at Cocina de Mercado

by Rachel Cherry White

Do not even think about skipping dessert.

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J

ust walking into the W Costa Rica - Reserva Conchal is a feast for the senses. First, you hear the curated music playing in the background. The ocean breeze teases your skin while the haute decor and dazzling Pacific vistas draw your eye. A deep breath consumes the aroma of salty air. But then you detect another scent … savory smells coming from an open kitchen.

The best thing to do when you discover something as amazing as this? Share it with a friend.

The concept at Cocina de Mercado is simple: provide market-fresh, delicious local and international foods in a casual but upscale environment with spectacular staff.

It’s an indoor/outdoor restaurant at the W Costa Rica - Reserva Conchal, open to the public for breakfast, lunch and dinner. A large, open kitchen lets you watch your food being prepared.

Come together or meet up

It’s the perfect place to bring a companion or meet up with your squad.

First decide whether you’ll be enjoying the sunshine outside, or if you’d like to cool off inside with some air conditioning. The views are outstanding either way — the walls are glass, giving indoor diners the same gorgeous panoramas as those lounging in the fresh air.

For breakfast after morning yoga? First,

coffee. Enjoy a latte, then grab some fresh juice at the juice bar. Meander over to the griddle station for pancakes your way.

Warning: if you choose the buffet you won’t be able to eat again until dinner.

For a lunch meeting to talk over proposals, expect fresh, local flavors. Share some ceviche, then opt for a wood-fired pizza, salad, or flavorful chicken breast.

For date night, start with a drink, something with passion fruit perhaps. The grilled octopus is the perfect appetizer, followed by the lamb shank or more seafood.

Do not even think about skipping dessert; the pastry chef is world-class. Consult the menu, since it changes, but each selection is beyond compare (my mouth waters thinking of the delicacies I’ve tried).

League of its own

There are many things that set Cocina de Mercado apart. The chefs are recruited from all over the world for their ambitious and exquisite cooking. The atmosphere is second to none with ocean views and comfortable elegance. And don’t be surprised if your waiter remembers you on your return visit, and offers you your favorite from the last time you were there. The staff is outstanding and always exceeds expectations, for you and all your amigos.

Cocina de Mercado often has special events like brunches and cooking classes. howlermag.com

DINING GUIDE

Cocina de Mercado: Market-inspired restaurant W Costa Rica- Reserva Conchal

With an open kitchen allowing guests to interact with the chef, this market-inspired restaurant serves breakfast, lunch and dinner. It’s a casual place to mix and mingle, with both an air-conditioned indoor space and outdoor seating. Breakfast is international with a local flair, featuring café chorreado, a juice bar, pancake stations and more. Lunch and dinner items include salads, brick-oven pizzas and other comfort foods.

Hours Breakfast: Mon-Fri, 6:30-10:30am

Sat, Sun 6:30-11am Lunch: Noon-3pm Dinner: 6-10pm

Juice Bar

Seafood Cazuela

Special Event - W Brunch When: First Sunday of each month 1-4pm

Grilled Salmon Salad

Gnocchi Sorrentina

Buddha Bowl

Prime Rib Eye

MENU SELECTIONS Energy Booster, Body Cleanser, Liver Longer, Power Smoothie, Workout Shake

Prawns, squid, octopus, yellow chilli tomato sauce, rice and corn, broth

Spinach, basil, egg, crutons, yogurt dressing

Tomato, basil, mozzarella

Salmon, soba pasta, syracha, oyster sauce, peanuts and chives

Sides: sweet potato, hand cut fries, mashed potatoes, green salad, creamy semilla potato

ZO NA A ZUL B E AC H C LU B

W Costa Rica Reserva Conchal Hours Dinner: 6-10pm Specialty: “Mixology Dining Experience” - includes 4 signature cocktails paired with 4 L10N dishes

Latitud 10° Norte: Boutique bistro

Explore a labyrinth of exotic flavors in this boutique bistro, serving sophisticated fare.

Must-try: Braised short ribs or shrimp angu

W Costa Rica Reserva Conchal Hours Lunch: Noon-6pm Dinner: 6-10pm Special Events Detox Retox Repeat What: A bottomless brunch at the beach club When: Sundays, noon - 5pm

Zona Azul: Beach Club

An adult playground, come and enjoy the club. Serving up big portions and even bigger flavor.

Must try: Smoky margarita and fire grilled seafood

WHATEVER /WHENEVER® Reservations for every restaurant (or anything else you need at the W) are available at Whatever/Whenever.

Call: 2654-3600

WhatsApp: 8489-7458

HM HOWLER MAGAZINE | 29

DINING GUIDE

JACÓ Jacó downtown, Calle Bohio

Trident Poseidon Restaurant: International Cuisine

Hours Daily, 7am-10pm Happy Hour 4pm-7pm Phone: 2643-1642

Strategically located in downtown Jacó, Poseidon restaurant at Trident Hotel offers a variety of signature plates of international cuisine, as well as all-day specials and vegan options, all cooked with love. Additionally, we offer our hotel services plus our sports bar menu at the famous third-floor Sky Lounge.

Daily Specials Mon: Cheese burger and fries Tue: Beef, chicken or fish casado Wed: Fish burrito and salad Thu: Beef onion cheddar sub Fri: Fish and chips Sat: Asian chicken stir fry Sun: Eggs benedict and mimosa

MENU SELECTIONS Smoked Salmon Dip

Baby Back Ribs

Ribeye USDA choice

Flat Iron Steak

Mahi-Mahi

Babaganoush Tahini eggplant spread with red bell peppers

Fish Ceviche

Mystic Middle East Lentil Stew

Tuna Poke

JACÓ & TAMARINDO

JACÓ

Vegan Putanesca Pasta

Jacó downtown -across form Wishbone Restaurant TAMARINDO - Plaza Tamarindo #4, next to Mr. Toms Hours Daily, 7am-7pm @costajuice506 Find Us in TripAdvisor

Costa Juice: Healthy Food

Smoothie and juice bar with delicious smoothie bowls, specializing in superfoods. Pairing with Avocado Toast, sandwiches and Costa Rican coffee.

Specialties Homemade ingredients such as peanut butter, almond milk, granola and vegan bread Fresh, healthy and delicious

MENU SELECTIONS Costa Bowl

Powerful and tropical. Delight yourself with a dose of Blue Majik which It is known to contributes to the proper functioning of immune system and improves muscle recovery

Avocado Toast

Two slices of fresh bread baked at home and delicious toppings

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Jacó - 500m south of BCR Bank, next to Hotel Tangeri Hours Mon, Wed, Thu, Fri 5:30pm-10:30pm Sat, 11am-11pm Sun, 11am-10pm Closed Tuesdays Phone: 2643-3001

Amara

Mediterranean Cuisine We are a Mediterranean restaurant in the heart of Jaco.

We have A/C on our first floor and an open terrace for private events. We offer local, fresh and top quality ingredients in the preparation of our dishes.

Children's menu, imported wines and friendly staff.

MENU SELECTIONS

Octopus with Hummus Parsely, capers and olive oil

Beef Turkish Gyro Feta cheese and cherry tomatoes

howlermag.com

JACÓ Jacó downtown, 200m south of bridge Hours Tue-Sun, 9am-1am Phone: 2643-4425 Proudly serving

Green Room:

Artisan Food & Drink Freshly prepared locally sourced ingredients serving relaxed brunch, dinner, and cocktails in an urban oasis ... focusing on Costa Rican artisan craft beer.

Specialties Live DJs Tue and Wed Live Music: Thu, Fri and Sat

Pollo Fortuneño: La Fortuna - Arenal: Two locations both on main road. One downtown, the other not far away Hours Daily, 8am-5pm

Proudly serving

MENU SELECTIONS c7500

Fresh tuna, ginger-wasabi aioli, fresh guacamole, pinapple, coleslaw

1/2 Rack Green Room Ribs

Traditional Costa Rican dishes featuring woodfire chicken, beef and ribs. A true pura vida delight.

Specialties Craft beer and live music

Phone: 2479-7475

MENU SELECTIONS Tuna Burger

Wood-Fired Rotisserie

c12,500

Spicy passion fruit BBQ sauce, served with corn on the cob topped with cilantro cream and queso fresco and hand cut fries.

Chicken, Beef or Vegetarian Casado

c4000

Taco Tico

c3000

Traditional dish served with rice, boiled egg, beans, patacon and salad

Corn tortilla stuffed with chicken served with fries and cabbage

LIBERIANA — GOLDEN

KÖLSCH — 4.5% ABV Beer with a light golden color, a very soft and subtle maltiness, with an addition of noble German hops.

SABANERO — SAISON

SAISON — 5.0% ABV Golden in color, with a spicy aroma, fresh and fruity herbal flavor, and a light dry body.

Fresh • Local Award-Winning Craft Beer

CHOROTEGA — IPA

AMERICAN INDIA PALE ALE — 6% ABV Refreshing and with a character as deep as the culture from which its name precedes.

www.numubrewing.com HM HOWLER MAGAZINE | 31

LA FORTUNA - ARENAL

DINING GUIDE

HUACAS

New York Pizzeria 200m west of the Brasilito/ Huacas crossroads, Huacas www.nypizzeriahuacas.com @nypizzeriahuacas

Delivery Available!

Hours Daily, 5pm-10:30pm Phone: 2653-6296 8729-5640

Pizzeria

New York Pizzeria is your go-to pizza spot in Guanacaste, for an authentic New York style pizza.

Dine-in or take-out available.

Enjoy!

Specialties Authentic New York style pizza Freshly made breadsticks

MENU SELECTIONS

Huacas: Main road, north side halfway between Super Compro and intersection to Brasilito Hours Daily, 6am - 9pm Phone: 2653-6273

Soda Guaymy

Typical Costa Rican Food If you want great quality typical Costa Rican food and an ice-cold beer, Soda Guaymy's delivers! And its as economical as it gets!

jimemurillo98@hotmail.com

MENU SELECTIONS

Meat Lover's Pizza

Casados

House Special Pizza

Rice with shrimp or chicken

Pepperoni, ham, salami, bacon, and ground beef

Pepperoni, ham, mushrooms, onions, and sweet peppers

HUACAS 3km south of Huacas, road to Tamarindo Hours Daily, 7am-9pm Breakfast 7am-10am

Fish, chicken and beef served with rice, beans and whatever is fresh A traditional favorite: Arroz con camerones o pollo

La Playita: Poolside Dining Located at the Seis Playas Hotel, La Playita Restaurant & Bar is open to hotel guests and the public and is known for its friendly and inviting environment. It is the ideal setting for sharing good food and drinks with family and friends, or a romantic dinner poolside while enjoying the convenient distance to our six local beaches.

MENU SELECTIONS

Phone: 2653-6818 info@seisplayashotel.com

Broken Yolk Sandwich

$12

Pasta

Specialties Food cooked to your taste! — con mucho gusto Friday Night Texas Barbecue

Breakfast Quesadilla

$12

Open Grill

BLT La Playita

$10

Fried egg, bacon or ham and cheese on toast, served with seasonal fruit Eggs, tomato, onion, sweet pepper and cheese, served with seasonal fruit Always a favorite for a light bite to eat: bacon, lettuce and tomato

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$14

Build your own pasta bowl, with a mixed salad

From $16

Pork tenderloin, chicken breast, ribeye, New York strip, beef tenderloin & catch of the day

Pineapple FlambĂŠ

$4

Our most popular dessert served hot with vanilla ice cream

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HUACAS

DINING GUIDE

Hours Daily, 8am - 9:30pm Breakfast, 8-11am Lunch, 11am-5pm Dinner, 5-9pm Happy-Hour 4-6pm Sunday Brunch 8am-2pm Phone: 2653-0480 ripjackinn.com

Pots & Bowls:

Tree Top Dining

A diverse menu that includes fresh local seafood as well as tasty treats from the land, crisp salads, veggie bowls, local dishes and options for kids!

Specialties Smoothie bar, fresh and frozen cocktails, bocas menu, vegetarian menu available, gluten-free options, full service for retreats and weddings.

Main road to Playa Grande Hours Daily, 8am - 5pm Phone: 4701-2394 potsandbowls@gmail.com

MENU SELECTIONS

Served with a yogurt cilantro lime sauce, mixed veggies and grilled polenta

Greek Chicken

Grilled chicken breast with a creamy caper sauce served with roasted Mediterranean vegetables & cauliflower rice

MATAPALO

Hours Wed-Mon, 11am-midnight Tue, 4-midnight Phone: 8567-2493

Fresh, healthy and fun. Focus on homemade ingredients. Different dietary options: gluten-free, lactose-free vegan.

Specialties Coffee, plants and pots Costa Rican boutique Workshops

MENU SELECTIONS

Grilled Mahi

Matapalo: Main square on the way to Playa Grande

Coffee Shop and Plants

Salón Victoria:

Costa Rican Cuisine

Lively locals' bar and restaurant.

Come and enjoy great food and good times.

Specialties Great cocktails Amazingly delicious menu options with locals’ pricing

MENU SELECTIONS

Acai – Banana and OJ

Blackberries, chia, homemade granola & banana

$9

Tuna Poke $14 Sushi rice, avocado, edamame, wakame, mango

8 min. drive from Tamarindo, 2km south Villarreal Hours By reservation Phone: 8869-9765 Specialties Zipline and BBQ buffet for only $85.

Black Stallion:

Rustic Outdoor BBQ

Dine with the stars of Guanacaste on a private ranch. Enjoy a delicious BBQ buffet with sides. Wine, beer and sangria included! Call for reservations.

Available for private parties and events.

MENU SELECTIONS

Whole Fried Red Snapper

c4000

Shrimp ceviche

c2500

Arroz con pollo

c1800

Mixed BBQ Buffet

$45

Seafood Buffet

$45

Baby back ribs, chorizo and chicken, sides included A delicious array of seafood and sides dishes

HM HOWLER MAGAZINE | 33

VILLARREAL

PLAYA GRANDE

Rip Jack Inn

Playa Grande proper

PLAYA GRANDE

DINING GUIDE

DINING GUIDE

PLAYA FLAMINGO

SOMEWHERE OMEWHERE BAR AR Margaritaville Beach Resort, Playa Flamingo Hours Daily from 4pm - 11pm Happy hour: 4:30-6:30 Phone: 2654-4444, ext. 3264 Specialties Nachos, tacos, burgers, salads and sandwiches

World Famous Margaritas!

5 o'Clock Somewhere Bar & Grill: Drinks and Casual Dining Best place on the Gold Coast to take in panoramic oceanfront views and multi-screen sports TV while enjoying hand-crafted cocktails and a delicious casual dining menu. You will want to return again and again for juicy cheeseburgers and mouthwatering tacos, not to mention the perfect margaritas and other specialty cocktails. Enjoy a beautiful sunset view during the daily Happy Hour 4:30 to 6:30 p.m. Wednesday through Saturday nights feature live entertainment with the best of the area's local bands and musical talent.

Live Music

Regularly Scheduled Check Schedule and updates at 5 o ´clock somewhere facebook page

@ 5oCSBG

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A perfect blend of Costa Rican and international cuisine that includes freshly caught local fish and grass-fed beef. Enjoy the oceanfront sea breeze on the outdoor patio or dine inside in air-conditioned comfort.

An Italian bistro with a tropical view.

Choose from a selection of pizzas, pastas and paninis, or build your own dish with a variety of fresh, delicious ingredients.

Hours Daily 6:30am to 9:30pm breakfast, lunch, dinner

Hours Daily 5pm to 11:30pm Pizza only from 9:30pm

Phone: 2654-4444 ext. 3269

Phone: 2654-4444 ext. 3268

Specialties Fresh fish, grass-fed beef, international buffets, kids menu

Specialties Specialty artisanal pizza oven; design your own pizzas and pastas

howlermag.com

Hours Daily, 5:30pm-10:30pm Closed Wednesday Phone: 8532-8613 Specialties Perfectly grilled ribeye, fish, pizza and, of course, pastas

Italian Restaurant True Italian cuisine. Pasta like you are in Roma! Fresh bruschetta served when you arrive. We've been told countless times, we have the best grilled ribeye in Costa Rica. Buon appetito!

Hours Breakfast, 8-11am Lunch and Dinner, 11am -10pm Kitchen closes 9pm

Phone: 6150-0994 @PotreroGrill

Steakhouse and Pizzeria

We are a family-oriented, quaint restaurant with friendly, personable staff and great food.

Specialties Amazing steaks, ribs, pizza

20 oz T-Bone

Cooked to you perfection and served with fresh sides

c6.500

Ribeye c7.500

Potrero, 800m north of Banco Nacional

Hours Fri-Wed, 5pm-11pm Closed Thursdays

Potrero Grill:

MENU SELECTIONS

MENU SELECTIONS House Lasagna

Potrero Behind Perla's and La Forketta

BBQ Baby Back Ribs Goat Cheese Stuffed Chicken

The Beach House: Beachfront Dining Renowned for its fresh seafood, this quaint restaurant and bar was transformed from a private residence. Come and enjoy incredible food with awesome sunsets and views of the Pacific Ocean.

MENU SELECTIONS

Phone: 2654-6203

Grilled Scallops

Shrimp Ceviche

Specialties Fresh seafood Epic sunset view Call for reservations

Catch of the Day

Bang Bang Shrimp

Seafood Platter

Grilled Lobster Tails

Now serving breakfast

Grilled in a bath of Cacique liquor, lime and garlic With tropical salsa, grilled vegetables & potatoes or rice Fresh mahi mahi, grilled jumbo shrimp, sautĂŠed calamari, with rice pilaf and grilled vegetables

Peruvian style marinated shrimp, red pepper and onion, tomato and cilantro with plantain chips Crispy, creamy, sweet, and spicy shrimp in cornmeal breading with tangy Thai chili sauce Two roasted lobster tails in wine-garlic butter sauce with grilled vegetables and rosemary potatoes

HM HOWLER MAGAZINE | 35

SURFSIDE / POTRERO

PLAYA FLAMINGO

Flamingo - 100m south of road to Potrero

Vaca Loka:

SURFSIDE / POTRERO

DINING GUIDE

DINING GUIDE

LAS CATALINAS

At Casa Chameleon, 4km north of the Potrero soccer field Hours Daily, 7am-10pm No children under 12 years Phone: 2103-1200 concierge@ casachameleonhotels.com Specialties Fresh fish, sunset cocktails, "boquitas" menu

Sentido Norte: Fine Dining Sentido Norte, a restaurant and bar at Casa Chameleon, proudly offers an adult fine-dining experience that celebrates the best of Costa Rican cuisine. Your drive through winding roads above the quaint beach town of Las Catalinas is rewarded by an unforgettable but affordable taste of luxury.

Just a few steps uphill from the bright and welcoming entrance, your table awaits in a gorgeous, open-air perch framed by a panoramic view of the Pacific. A design motif incorporating responsibly-sourced teak adds a sense of warmth and well-being to the romantically lit atmosphere. All food and drinks are inspired by the country’s bountiful abundance, combining uniquely local and native ingredients in the glass and on the plate.

MENU SELECTIONS Overnight Oats

$8

Casa Chameleon Burger $19

Guacamole and Salsa

$12

French Toast

$12

Ceviche $14

Moules Frities

$26

Knife & Fork Tortillas

$14

Grilled Chicken Wrap

$17

Grilled Skirt Steak

$32

Chicharrón or vegan huevos rancheros

With greens, avocado & tomato, spicy aioli

Vegan Omelettes

$14

Vegan Bowl

$19

Mushroom Lamb Risotto $33

With almond milk, yogurt, fruit, cashews, local honey or tapa dulce

With sweet plantains and coconut milk cream

With asparagus, mushrooms and caramelized onion

Angus burger with arugula, Swiss or goat cheese and aioli Fresh fish ceviche, leche de tigre, homemade "chilero"

Quinoa, mushroom and squash picadillo salad, spicy garbanzo beans

Hearts of palm ceviche, avocado & tomato Wok sautéed with garlic butter and chardonnay broth

Skirt steak, chimichurri sauce, salad, french fries

Slowly braised with porcini, portobello and crimini mushrooms

Prices shown include 13% tax and 10% service / Prices subject to change

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