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Central Bank Changes and the Effect on Currency Exchanges and Interest

October 29th, 2006

A couple of weeks ago, the Central Bank of Costa Rica decided to stop the ages-old policy of setting a daily buy/sell rate (exchange rate) for converting dollars to colones and vice versa. This daily exchange rate was known as the tipo de cambio, and was generally a very small spread, maybe 2.5-4 colones. It changed every day, increasing a fraction of a colone and thus devaluing the currency against the dollar… daily.

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Expat Interviews provides a Window to the World of Expats

October 26th, 2006

Victor Volder lives in the Netherlands. Lizza Capucion lives in the Phillipines and the two of them run an interesting web site, Expat Interviews. They ought to interview themselves so we can all know how they hooked up!

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Questions from Readers

October 24th, 2006

This is part of my continuing posts answering emails I receive from readers. Here are some more that I thought might interest you.

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Now Get The REAL Costa Rica Blog by Email

October 22nd, 2006

I have received several emails from people asking if they could get new posts and updates to The REAL Costa Rica Blog by email. They prefer to receive new Posts by email so as to not have to deal with RSS or visit a ton of blogs to see if anything new has been added.

This turned out to be a pretty simple request thanks to the folks at Feedburner, the company that handles my RSS feeds. Interested? To subscribe, just place your email address in the subsciption form at the top-right. You will immediately receive a verifying email which you must answer. Then you will be all set. The system will send you a copy of any new posts in HTML format at about 6-9 AM CST. No posts? No email.

Prefer a direct link to subscribe? Click Here

No More Cell Phone Lines… AGAIN!

October 20th, 2006

For most of the years I have been in Costa Rica, you could not just run down to your local cell phone store or to ICE and get a new phone line. You could always buy the PHONE but not the line. Nope… You had to wait. You had to place you name on a waiting list… and wait. Sometimes a year or two. Once your name came up on the list, you could buy a LINE (presuming you were a legal resident, a citizen, or owned a corporation), and have it installed on the phone.

Well thanks to your local friends at ICE (why YES!, The very same ones who are fighting the Free Trade Agreement tooth and nail), the good old days are returning!

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