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Central Bank Revalues the Colon
November 22nd, 2007
So sweet!
Back on August 12, 2007, I wrote a post entitled “The Colon Vs The Dollar – Watch your money!” In that post, I cautioned my readers that the weakening dollar could not long stand firm against the Costa Rica colon. I urged readers to move their funds from their dollar accounts (in Costa Rica banks) to colon accounts as I anticipated that the Central Bank had to act soon to bring the dollar down and increase the value of the colon.
Last night, they did just that. The colon has been revalued to about ¢497 and ¢498.39 to the dollar.
Filed under Banking & Finance, Banking in Costa Rica, Cost Of Living Costa Rica, Cost of Living, Costa Rica, Life in Costa Rica, Living in Costa Rica, Working in Costa Rica | Comments (9)Coming to Live in Costa Rica?
May 16th, 2006
Between three of my websites, The REAL Costa Rica, this Blog, and my personal Blog, I get maybe 200 emails per week. I try to answer them, though this is getting tougher every month, and soon it is gonna get real ugly.
The hands down #1 topic of these emails is people asking me for my advice on moving to Costa Rica. Popular questions are:
* Where are the North American communities?
* Where are the good places to live?
* Constant questions about buying property here…
* Where is the best place to buy? Live?
* Where to visit when coming here to decide about a permanent move
* Where can I get a job?
* Plus a TON of emails from scared baby boomers world-wide who are just now saying to their spouses, “Holy SHIT Martha (or Clyde), there ain’t no way we can live on our social security! We gotta get outta this place!”
So, in this Post I am going to cast some pearls to you folks!
Filed under Cost Of Living Costa Rica, Cost of Living, Costa Rica, Expatriate Life, Immigration & Residency, Life in Costa Rica, Moving to Costa Rica, Rants, Retire in Costa Rica, Study Abroad, Travel, Travel to Costa Rica, Working in Costa Rica | Comments (5)