New Costa Rica Marina and Chartering Law 9977

Passed by Congress on March 16, 2021 and signed into law by Costa Rica President Carlos Alvarado on April 5, 2021

  • Legal chartering for foreign flagged vessels over 24 meters
  • One year renewable charter licenses granted by Costa Rica Tourism Board
  • Government Charter Fee is a percentage of the weekly standard charter agreement

  • 2.5% of weekly standard charter agreement
  • Duty free import of “spares in transit” for parts and other items for boats with a charter license or under temporary import status
  • NON CHARTERS: New temporary import status is now 6 months and renewable for up to 2 years

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