Changes are coming to Costa Rica

Costa Rica is in serious financial trouble. It faces tough negotiations with the IMF in its search for a $1.75 billion loan at a reduced interest rate. Normally, I don't discuss other nations and their problems but this is very serious and is something that people thinking of relocating to our western neighbor should consider. [A SECOND VIDEO deals with further results of the IMF negotiations at https://youtu.be/Mgne2ozxeuM.]

Below are various links with various views. Any opinions expressed are strictly those of the writer. Keep in mind that the situation is under negotiation and the details will change in weeks to come. These links are all from the first half of January 2021, except for the last one from Fitch in December of 2020.

https://www.washingtonpost.com/world/2021/01/10/coronavirus-pandemic-debt-crisis/?arc404=true

https://qcostarica.com/if-the-imf-option-fails-there-would-be-no-plan-b/

https://www.aljazeera.com/news/2021/1/16/costa-rica-explosive-debt-crisis-all-you-need-to-know

https://qcostarica.com/global-income-tax-legisaltors-ask-carlos-alvarado-not-to-waste-time/

https://ticotimes.net/2021/01/12/costa-rica-imf-in-talks-to-reduce-fiscal-debt

https://www.fitchratings.com/research/sovereigns/costa-rica-would-face-debt-challenge-even-with-imf-deal-14-12-2020

Видео Changes are coming to Costa Rica канала Bob Adams