Savannahjo

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  • in reply to: Expensive cars vs. atv, etc. in Costa Rica #203222
    Savannahjo
    Member

    80% is the general number that folks count on….and it is up to the CR people tp determine the value. the 5 year-old mark is the best time to ship I am told due to depreciation, but not too much! VR does not like older vehicles coming into the country. and, your point about bringing some extra parts is a good idea! you can’t bring in used tires – be aware! the rules are not that difficult and having a reliable shipper is critical. there are only folks I see used all the time and they seem to have it down pat from anywhere to CR. Have fun…

    [quote=”lillianwickram”]Wow—duty, etc. of 80% of the value of the vehicle? Is this for both new and used vehicles? Maybe I should have some extra parts thrown into the container related to vehicle’s suspension system;). I think for what cars/trucks cost in CR, I’d rather bring my own and yes, know the history of the vehicle. Who will put on this sealer for you?

    [quote=”Savannahjo”]Great points. We have owned in CR for nearly 5 years and have all of these points. The Viking EPS SE model comes pretty close to road approved and they have the kit needed to complete the work. I’m am budgeting 80% of the value of the vehicles as duty, etc. It is an eye-opener, but at least you know the vehicle history. One other point, we are having a special marine grade ‘sealer’ put on it everywhere they can to help fend off erosion. We are near the coast…[/quote][/quote]

    in reply to: Expensive cars vs. atv, etc. in Costa Rica #203219
    Savannahjo
    Member

    Great points. We have owned in CR for nearly 5 years and have all of these points. The Viking EPS SE model comes pretty close to road approved and they have the kit needed to complete the work. I’m am budgeting 80% of the value of the vehicles as duty, etc. It is an eye-opener, but at least you know the vehicle history. One other point, we are having a special marine grade ‘sealer’ put on it everywhere they can to help fend off erosion. We are near the coast…

    in reply to: Expensive cars vs. atv, etc. in Costa Rica #203216
    Savannahjo
    Member

    Good comments everyone. For us, it will be a jeep wrangler unlimited trail rated and a Yamaha side-by-side viking….which we will use most often where we are located. Both make sense as rugged, good quality vehicles and there is a Yamaha certified dealer only a couple km’s away from us!

    Savannahjo
    Member

    This is a difficult position to try and resolve if you are doing it remotely. Even if you get a great attorney, being there and politely driving the process, in my opinion, is the only way to go….

    in reply to: IRS Form 5471 #204871
    Savannahjo
    Member

    This is correct, you must file 5471. We do it ever year via our CPA. It is no big deal…

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