Costa Rica is included in the list of the most popular jurisdictions for online casino licensing. The main reason is the ability to provide gambling services to residents of any part of the world. But this, of course, is not the only advantage of a Costa Rica gambling license.
Specialists of the Smart Money company have prepared a detailed review with the description of all the requirements for casinos and a list of the necessary documents. If you have not decided yet, in which country you want to receive a permit for the gambling business, it is time to sign up for a consultation with your personal manager from Smart Money.
Costa Rica is a country in the American continent, and Spanish civil law lies at the root of its legislation. In most matters, the jurisdiction holds to a progressive view. Currently, the government is working on the regulation of the gambling market of Costa Rica.
Indeed, at the moment, the country has no legal basis for the online gambling business. However, Costa Rica has already issued permits to more than two hundred companies.
In practice, it looks like this: a casino with the Costa Rica gambling license can provide gambling services to citizens of any other countries, except for Costa Rica itself. Looking ahead, we would like to note that you can protect yourself from the claims of the controlling bodies by simply setting the block on Costa Rican IP addresses.
Taking into consideration the above, the two biggest and obvious advantages of the Costa Rica gambling license, which made it so popular, are:
Only these two items are enough to definitely choose Costa Rica for obtaining a permit. But the jurisdiction also has other positive aspects, and we have to mention them in this article.
Other benefits of the Costa Rica gambling license:
You must admit that these are great conditions!
There are also some negative aspects but do not get upset since their number is minimal:
You will have to collect many documents but still less than in other countries:
In Costa Rica, a permit can only be granted to a company that has a representative office in the jurisdiction. That is, before filing an application, you should buy or rent the office, hire a staff, and ensure the safety of the property and people.
Moreover, it will be necessary to file financial statements once a year. You have to report on how much the company earned for the period from October 1 to September 30.
In general, all these actions are simple, and they can be easily entrusted to a local representative. The main thing is to find a reliable partner who can represent your interests.
We recommend you to find experienced experts who know all the details and nuances of casino licensing. Even if you are not dealing with this issue for the first time, it would still be a good idea to entrust the paperwork and the examination of the legislation of another country to the contractor.
Smart Money can deal with the legalization of your gambling business. We can not only resolve legal issues but also offer high-quality software and games, and the cost of these services is not so high. Also, from us, you can even buy a turnkey online casino.
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