AGP Executive Report
Last update: an hour agoInsurance Watch: Costa Rica’s insurance market has crossed $2.4 billion in annual premiums (about 2.7% of GDP), with growth increasingly driven by voluntary coverage as reliance on mandatory policies fades. Earthquake Update: A magnitude 5.0 quake hit the Osa Peninsula area, felt across the south but with no reported damage; authorities are monitoring. Security & Crime: President Laura Fernández says new legislation is coming to hit landowners tied to clandestine drug airstrips, after a second Elite Force meeting flagged weak current penalties. Migration Rules: Costa Rica is reactivating a special temporary category for thousands of Cubans, plus other nationalities, to live and work legally starting Sept. 1, 2026, easing long legal limbo. Court/Travel: An appeals court cleared the deferred extradition of “Macho Coca” to the U.S., while a separate case highlights how Costa Ricans can check “impedimento de salida” travel bans online. Tourism & Consumer Tips: BAC Credomatic is charging a 6% fee for dynamic currency conversion if foreigners choose to pay in their home currency; travelers are urged to decline. Business & Jobs: LEAPCR launches to accelerate startups and attract investment, backed by the IDB and local partners.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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