Gran Logia Costa Rica http://granlogiacostarica.org/ Wed, 22 Sep 2021 14:27:19 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://granlogiacostarica.org/wp-content/uploads/2021/05/cropped-icon-1-32x32.png Gran Logia Costa Rica http://granlogiacostarica.org/ 32 32 Capital Impact Partners Expands Fair Development Initiative to Increase Development Capacity of Color Developers in San Francisco Bay Area https://granlogiacostarica.org/capital-impact-partners-expands-fair-development-initiative-to-increase-development-capacity-of-color-developers-in-san-francisco-bay-area/ https://granlogiacostarica.org/capital-impact-partners-expands-fair-development-initiative-to-increase-development-capacity-of-color-developers-in-san-francisco-bay-area/#respond Wed, 22 Sep 2021 12:42:00 +0000 https://granlogiacostarica.org/capital-impact-partners-expands-fair-development-initiative-to-increase-development-capacity-of-color-developers-in-san-francisco-bay-area/

Tailored to the needs of local communities and markets with rising costs and increasing travel, the two-year program is designed to prepare emerging developers of color to pursue affordable multi-family housing developments for longtime residents through Alameda, Contra Costa, Marine, Napa, Saint Clare, San Francisco, San Mateo, Solano, and Sonoma Counties.

Participants will receive general training, including project budgeting, real estate financing, project and contractor management, legal services and community engagement, as well as local mentorship. In addition, Capital Impact is working on the development of a loan product suitable for graduates of the cohort based on their “Diversity in Development” loan product deployed in Detroit and the Washington Metropolitan area.

“There is an incredible pipeline of developers of color who are well positioned to work with communities to create housing solutions that maintain affordability and limit travel,” said Ellis Carr, President and CEO of Capital Impact Partners and CDC Small Business Finance. “Like so many other issues facing communities of color, however, systemic efforts to deny these developers access to capital, training, and networks have created barriers to realizing this potential. let’s do in Detroit and the Washington Metropolitan area, our EDI program will begin to build a more equitable real estate development ecosystem here in the Bay area. “

The application window Short of September 22, 2021 through 20 October 2021. Capital Impact will select participants based on the following guidelines. Developers must:

  • Identify themselves as racial or ethnic minorities;
  • Actively work in the pursuit of careers in real estate development with some experience in real estate development;
  • Live in or near the main metropolitan area of ​​the program and have a close connection to the city / region in which they work;
  • Demonstrate a commitment to the revitalization of their city / region; and
  • Be interested in responding to requests for proposals for real estate development opportunities with or without a development partner over the next 1-2 years.

The market analysis highlights the main issues of inequality in the development space:

Nationally, Urban Land Institute, a global real estate and land use organization, says only 5% of its US members are African American, 4.5% Asian, 8.5% are Hispanic or Latino, with the vast majority – 82% – identifying as white.

A market analysis of the Bay area region led by Capital Impact Partners further underscored the need for this program. Here are some of the key themes:

  • Although the local population is predominantly Asian, Hispanic, and Black, the real estate development industry is dominated by white-owned and operated businesses.
  • Deep institutional biases and structural racism have created permanent barriers for developers of color.
  • The range of current capacity building programs supporting black entrepreneurs does not focus on real estate development.
  • The lack of networking and peer mentoring for color developers is a big hurdle.
  • Emigration from black and moderate income households impacts the ability to create inclusive communities and drains the local talent base, further limiting the ability to create wealth through the development of housing models for the workforce. work and home ownership.

Interviews conducted for the study provided the following feedback points:

  • “As black developers, we are nowhere near able to compete with non-black for-profit developers. When I walk into a room… they don’t treat me as an equal. We need to. access the resources they get. ”
  • “White developers can access money or have money; black people do not have the wealth or investment to enter the industry.”
  • “Our region is denied a better skyline because there isn’t enough diversity in defining the skyline.”

Thoughts from an EDI graduate:

Thomas houston and Talayah Jackson, graduates of 2019 EDI Cohort in the DC area, continued to work with Capital Impact on the acquisition and development of vacant land in Washington, DC Ward 7. With nearly $ 1 million in financing through Capital Impact Diversity in Development – DMV Loan Fund, they work at develop a 17,000 square foot building with affordable housing, shops and offices.

“It is extremely important that programs like Capital Impact’s Equitable Development Initiative exist. Are there universities that offer similar courses? Absoutely. $ 10,000 certificate course? When you look at the networks and how we grew, I didn’t know any developer. I didn’t know anyone who had a $ 20 million, portfolio of 10 units. And so there is no one to teach me development. I absolutely believe that programs like EDI will help future developers think differently about development, ”Houson said.

You can hear more reflections from Houston and Jackson in this video.

A history of supporting high impact projects throughout the Bay area

Capital Impact opened its first regional office in Oakland in 1992. With more than $ 240 million By funding support for 95 projects, the organization has become a leader focused on the mission of increasing access to essential social services in disinvested communities and stimulating economic development and wealth creation. This includes working with local partners focused on health care, education, healthy food, affordable housing, and the ability of seniors to age in their communities with dignity.

One effort includes the role of Impact Capital in the Partnership for the Bay Future, a $ 500 million initiative launched by the Chan Zuckerberg Initiative, with the San Francisco Foundation, Facebook, the Ford Foundation and LISC to address critical housing needs, prevent displacement and support racial and economic inclusion through Bay area.

As part of this effort, Capital Impact helps manage the Bay Future Fund and Community Housing Fund program. These unique funds offer flexible, agile and creative approaches that support your affordable housing finance solutions. Both funds are open to non-profit housing developers, mission-aligned for-profit developers, or service providers in partnership with either that operate in San Francisco, San Mateo, Saint Clare, Alameda, and Contra Costa counties

A recent example of our regional loans includes nearly $ 5 million in the financing of Allied Housing, Inc., a developer controlled by a minority. This funding is helping Allied Housing build a project in the town of Hayward to provide 125 units of affordable supportive housing. Our support has significantly increased their impact compared to the initial plan of 46 units after successful rezoning.

In another agreement, Capital Impact provided a $ 1.3 million acquisition loan to HIP Housing to finance the $ 3.3 million purchase of a building of 10 apartments fully occupied in Redwood town. This project helps maintain affordability in a neighborhood where rent is more than double the national median due to proximity to local tech companies.

Capital Impact is also the largest nonprofit lender to federally licensed health centers across California. This includes several transactions with La Clínica de La Raza, a pillar of the community providing much-needed medical care to traditionally underserved residents since it opened in 1971. Edited by Jane garcia, who took over as CEO in 1982, La Clínica has grown from just four locations into Oakland serving more than 91,000 patients in more than 35 locations in three Bay area counties under one $ 120 million budget, and it continues to grow. Its residency programs with the best medical and dental institutions like University of California, San Francisco; the University of California, San Francisco; UOP; and the University of California, Berkeley train the future workforce, while giving La Clínica patients access to specialized care.

About Capital Impact Partners:

Through capital and engagement, Capital Impact Partners helps people create communities of opportunity that break down barriers to success. We work to advocate for key issues of equity and social and economic justice by deploying mission-focused funding, capacity building programs and impact investing opportunities.

Non-profit community development financial institution, Capital Impact has disbursed more than $ 2.5 billion since 1982. In 2020, Capital Impact launched a new business with CDC Small Business Finance under a single management team and a national strategy to reinvent traditional and traditional financial systems. Our goal is to ensure that these systems fairly serve communities of color to drive community solutions that support economic mobility and wealth creation.

Our leadership in financial and social impact has enabled Capital Impact to be rated by S&P Global and recognized by Aeris for our performance. Based at Arlington, Virginia, Capital Impact Partners operates nationwide, with local offices in Austin, Texas, Detroit, Michigan, New York, New York State, and Oakland, California.

Learn more about www.capitalimpact.org and www.investedincommunities.org.

SOURCE Capital Impact Partners

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Pope Francis, don’t call me a murderer: my abortion was my right https://granlogiacostarica.org/pope-francis-dont-call-me-a-murderer-my-abortion-was-my-right/ https://granlogiacostarica.org/pope-francis-dont-call-me-a-murderer-my-abortion-was-my-right/#respond Wed, 22 Sep 2021 09:55:38 +0000 https://granlogiacostarica.org/pope-francis-dont-call-me-a-murderer-my-abortion-was-my-right/

LIMA – Niels Olson, Ecuadorian Minister of Tourism, is working hard to bring “digital nomads” to his country. He believes that attracting this new generation of freelancers who can work from anywhere for extended visits is a unique opportunity for everyone.

Olson recently tweeted that the average New York-based freelancer could cut their standard monthly costs from $ 4,000 to $ 1,000 by moving to Ecuador.

Living in a city like Puerto López, he writes, the independent expatriate could “work by the sea, live with a predominantly vaccinated population, in the same time zone, (enjoy) an excellent climate and eat fruit. fresh sea “. For Ecuador, the new influx of visitors with money to spend would help boost the country’s economy.

To this end, he says, the government of President Guillermo Lasso is preparing a temporary residence visa for these workers. It “allows foreigners to work remotely for foreign companies in Ecuador. How does this benefit our country? By bringing currencies into our economy and creating jobs, ”Olson said.

Ecuador wants to be the first Latin American country to issue such visas, and the timing could not be better. While online freelancers already moved from country to country before COVID-19, the pandemic has brought their current number to around 100 million worldwide. The Inter-American Development Bank estimates that there could be one billion mobile digital workers by 2050.

Latin America wants to compete with Europe

Some European countries are already issuing visas for digital nomads. They include Germany, Portugal, Iceland, Croatia, Estonia, and the Czech Republic, but in the Americas only four countries are on the list, namely Antigua and Barbuda, Barbados, Panama and Costa Rica.

In August 2021, Costa Rica approved a law for remote workers and international service providers, aimed at attracting digital nomads and making its travel industry more competitive. The law provides legal guarantees and specific tax exemptions for teleworkers choosing to make the country their place of work.

It allows foreign nationals earning more than $ 3,000 per month to stay in the country for up to one year, with the option to renew their visa for an additional year. If the applicants are a family, the required income is $ 5,000.

Carlos Ricardo Benavides, the legislator promoting this law, affirms that it will be a stimulus for the “economic reactivation of Costa Rica. With this legislation, which is pioneer in its field, Costa Rica has an excellent tool to make the country a destination of choice “.

Neighboring Panama is also creating short-term residences for remote workers and is considering extending tourist visas. The nation hopes to use foreign funds spent on hotels, retail and local services to jumpstart an economy that shrank 17.9% in 2020.

Mexico offers temporary residences to attract digital nomads

Mexico, meanwhile, does not offer a specific visa for digital nomads but remains one of their favorite destinations, with 20 Mexican cities currently hosting remote workers. $ 1,650 in monthly income or a bank balance of at least $ 27,000).

In Colombia, the government has approved a business law that includes special migration rules. It states that the “Government, through the Ministry of External Relations, will accelerate a special regime for the entry, stay and work of digital nomads. […] with the aim of promoting the country as a center for remote work. “

When it comes to choosing a destination, taxes are often a determining factor for digital nomads. Foreigners should take into account the facilities and infrastructure provided by the host country, says Valeria Galindo, partner in personal advisory services at accounting firm EY Perú. But no less important in the choice of destination are “the tax consequences that moving to a foreign country may have for themselves and their business.” terms of the company’s settlement agreements.

AirBnB partners with the city of Buenos Aires

Why are various Latin American countries wooing digital nomads as residents? A study by the Adventure Travel Trade Association, titled “Work and Wander: Meet Today’s Digital Nomads,” found that 87% of them earn about $ 4,500 per month and spend about 36% of that income wherever they go. resident. Their work profiles were a mix of writing, sales and computer programming.

The Nomadlist website also finds that these workers are generally young and more willing to try different experiences and visit new places.

Their disposable income – and willingness to spend it – makes digital nomads a boon to the continent’s battered travel sector. The Mexican government has found that a single person’s stay for three months or more translates into thousands of dollars pouring into the local economy.

Victoria Bramati, Airbnb’s communications manager for South America, said “the pandemic is changing the way we work, live and travel. People want to live anywhere,” and technology makes that possible . This, she adds, “happens in real time”. In June 2021, the company offered Live Anywhere on Airbnb, a pilot program where 12 people shared various Airbnb homes for 10 months. She said it was an opportunity for people to “make the world their home” for almost a year, with most of the costs being borne by Airbnb. The company recently signed an agreement with the city government of Buenos Aires to jointly promote the Argentine capital as an international destination, especially for remote workers.

Between its low costs, exotic destinations and colorful cultures, Latin America has major potential to become the next hotspot for digital nomads. And now is the time to attract travelers who don’t need – or want – to return home.

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UNGA 76: The president meets foreign leaders, the president of the WB in New York | Politics https://granlogiacostarica.org/unga-76-the-president-meets-foreign-leaders-the-president-of-the-wb-in-new-york-politics/ https://granlogiacostarica.org/unga-76-the-president-meets-foreign-leaders-the-president-of-the-wb-in-new-york-politics/#respond Wed, 22 Sep 2021 05:12:00 +0000 https://granlogiacostarica.org/unga-76-the-president-meets-foreign-leaders-the-president-of-the-wb-in-new-york-politics/
President Nguyen Xuan Phuc (left) meets with President of the Republic of Korea Moon Jae-in in new York. (Photo: VNA)

New York (VNA) – President Nguyen Xuan Phuc had meetings with many foreign leaders and World Bank Group (WB) President David Malpass shortly after arriving in New York on September 21 (local time) for the general debate on the 76th session of the United Nations General Assembly (AGNU 76).

The President met with the President of the Republic of Korea Moon Jae-in, who said that the Republic of Korea wants to further strengthen the strategic partnership with Vietnam, in order to increase bilateral trade to $ 100 billion by 2023 and to deepen digital cooperation. economy, bioproducts and finance. Moon announced that the Republic of Korea will donate more than one million doses of COVID-19 vaccine to be delivered in mid-October to Vietnam

Thanking the Republic of Korea for its much-needed help, President Phuc said the two countries must soon hold the virus at bay to promote their strategic partnership more widely and more widely in the times to come, especially when they celebrate the 30th anniversary of their diplomatic relations. Next year.

Phuc urged North Korea to continue expanding FDI projects, both in size and number, in Vietnam and to step up technology transfer to domestic companies while pledging to provide further support. Korean companies to do business in the Southeast Asian country.

UNGA 76: The president meets with foreign leaders, the president of the WB in New York hinh anh 2President Nguyen Xuan Phuc speaks with Irish Prime Minister Michael Martin. (Photo: VNA)

He also had a meeting with Irish Prime Minister Michael Martin, in which the two leaders expressed their joy at the strong growth in bilateral trade, which reached $ 4.2 billion last year despite the impacts of COVID -19.

The Vietnamese president suggested that the two sides resume delegation exchanges and meetings at different levels and encourage cooperation in multiple fields to mark the 25th anniversary of their diplomatic ties this year as soon as the pandemic is brought under control.

He called on Prime Minister Martin to push for the swift ratification of the EU-Vietnam Investment Protection Agreement (EVIPA) in the Irish national parliament and to maintain the provision of Official Development Assistance (ODA) to Vietnam in the time to come.

He hoped Ireland would help Vietnam gain greater access to the supply of COVID-19 vaccines and provide it with medical supplies, such as ventilators and test kits.

Phuc also thanked Ireland for its support in the UN Security Council.

UNGA 76: The president meets with foreign leaders, the president of the WB in New York hinh anh 3President Nguyen Xuan Phuc (right) meets with Danish Prime Minister Mette Frederiksen of Denmark. (Photo: VNA)

During his meeting with Danish Prime Minister Mette Frederiksen, President Phuc offered to help Vietnam access vaccine supplies, including through the COVAX vaccine sharing facility.

The two leaders said they were happy to see the development of bilateral trade and the achievement of the objectives set in the Vietnam-Denmark action plan for 2019-2020. Both parties are actively developing an action plan for 2021-2022. .

Frederiksen endorsed Phuc’s proposal, saying it will encourage more Danish companies to invest in Vietnam in shipping, seaport construction, shipbuilding, energy equipment manufacturing, renewable energies, green technologies, sustainable livestock and fisheries, green transformation and climate. cash.

UNGA 76: The president meets with foreign leaders, the president of the WB in New York hinh anh 4President Nguyen Xuan Phuc (right) at a meeting with Slovenian President Borut Pahour. (Photo: VNA)

During his meeting with the Vietnamese President, Slovenian President Borut Pahour welcomed the positive development of relations between Slovenia and Vietnam and expressed his hope to elevate Vietnam’s position in the country’s foreign policy.

For his part, President Phuc suggested that the two countries hold early the third session of the Slovenian-Vietnamese Intergovernmental Commission for Economic-Trade and Science-Technology Cooperation, possibly in virtual form if necessary, to discuss the orientations of the cooperation in potential areas such as machinery. mechanics, automation, logistics, agrifood and seaport.

The two leaders also exchanged views on the transfer of production technology of COVID-19 treatment drugs for Vietnam and negotiations on the mutual recognition of the vaccination certificate and COVID-19 passport, paving the way for their travel. citizens when international air routes resume. .

The Vietnamese president said that Vietnam pays special attention to close collaboration with the EU in the development of fisheries and the sustainable exploitation of seafood. He urged Slovenia, as the rotating president of the Council of the EU, to support and promote the abolition of the “yellow card” imposed on Vietnamese aquatic products.

Vietnam has a steadfast view of promoting responsible and sustainable exploitation of seafood in accordance with the regulations of international law, he said.

During his meeting with the President of the Dominican Republic Luis Abinader, the Vietnamese head of state expressed his support for the intention of the Dominican Republic to open an embassy in Vietnam.

He instructed the Ministry of Foreign Affairs to work with his counterpart in the Dominican Republic to implement the plan to foster bilateral relations in a practical manner.

On the same day, President Phuc also met with heads of state and senior officials from Thailand, Bangladesh, Sri Lanka, Latvia, Sweden, Guyana, Lesotho, Costa Rica, Colombia and Uruguay, during which they discussed practical steps to strengthen and develop relations.

Country leaders highly appreciated Vietnam’s performance as a non-member of the UNSC and the country’s effective and pragmatic commitment and contributions to global tasks, which they say demonstrate Vietnam’s high sense of responsibility and its growing role and position in the international arena.

President Phuc and country leaders reaffirmed that peace, stability, maritime security and freedom of navigation in the East Sea are of mutual interest, and stressed that disputes should be resolved through peaceful measures in accordance with international law.

Also in New York, President Phuc met with the President’s special envoy for climate, John Kerry.

Appreciating Kerry’s contributions to Vietnam-U.S. Relations over the past decades, President Phuc praised the initiatives of President Joe Biden’s administration to advance global efforts to respond to climate change.

The Vietnamese leader said the two countries should strengthen their cooperation in developing renewable energy, improving adaptation to climate change and managing cross-border water resources through bilateral and multilateral mechanisms.

Vietnam is firmly committed to responding to climate change, he said.

Kerry said the United States continues to attach importance to the comprehensive partnership with Vietnam.

He underscored the determination and efforts of the United States to continue to strengthen cooperation and help developing countries, including Vietnam, to deal with this global problem.

UNGA 76: The president meets with foreign leaders, the president of the WB in New York hinh anh 5President Nguyen Xuan Phuc (right) speaks with World Bank Group (WB) President David Malpass. (Photo: VNA)

Speaking to WB President David Malpass, President Phuc said that the projects funded by WB and its policy advice have significantly contributed to Vietnam’s economic development and social security and have helped the Vietnamese government to formulate policies. efficient macroeconomics, overcome the impacts of the global economic crisis and maintain positive growth.

He thanked the WB for providing $ 6.2 million in non-repayable aid to Vietnam last year, and supported allowing the country to delay the payment of certain loans granted by the International Development Association (IDA). of the WB to reserve resources for the purchase of vaccines, biological products and medical equipment in the face of the pandemic.

The Vietnamese head of state asked the WB to continue to give political advice on economic recovery and to help Vietnam access and purchase COVID-19 vaccines, receive vaccine production technology and manufacture vaccines in the country.

The president of the BM Group said he was impressed by the efforts of the Vietnamese government in the prevention and control of COVID-19, as well as by the economic recovery.

He also thanked the government for its close coordination with the WB, stating that the WB will continue to support Vietnam in the fight against COVID-19 and increase policy advice to help the country achieve the goal of becoming a country. developed and high income by 2045. /.

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UN chief and UK prime minister step up pressure on leaders to secure climate change funds | Lifestyle News https://granlogiacostarica.org/un-chief-and-uk-prime-minister-step-up-pressure-on-leaders-to-secure-climate-change-funds-lifestyle-news/ https://granlogiacostarica.org/un-chief-and-uk-prime-minister-step-up-pressure-on-leaders-to-secure-climate-change-funds-lifestyle-news/#respond Tue, 21 Sep 2021 18:28:06 +0000 https://granlogiacostarica.org/un-chief-and-uk-prime-minister-step-up-pressure-on-leaders-to-secure-climate-change-funds-lifestyle-news/

United Nations: British Prime Minister Boris Johnson urged leaders of the world’s major economies, including the United States, to deliver on their commitments to a $ 100 billion a year climate fund within six weeks of the United Nations summit on the climate.

Johnson and UN Secretary-General António Guterres hosted a world leaders roundtable on Monday to address major gaps in emissions targets and climate finance.

“Too many large economies – some represented here today, others not present – are lagging too far behind,” Johnson said. “I’ll stress it once again – for this to be successful, we need the developed countries to find that $ 100 billion.”

The closed-door meeting during the annual high-level week of the United Nations General Assembly includes leaders and representatives from a few dozen countries representing industrialized countries, emerging economies and vulnerable developing countries.

Those involved in the roundtable included the United States, China, India, EU countries as well as Costa Rica, Maldives and a mix of developing and middle income and industrialized countries.

Johnson told reporters he hoped the United States could keep its promise to increase its share of money to meet the annual $ 100 billion target, but “we’ve been here before” and “we don’t. let’s not count our chickens “.

US climate envoy John Kerry, who represented the United States at Monday’s meeting, said Washington would provide more climate assistance before Oct. 31-Nov. 12 COP26 Climate Change Conference in Glasgow, Scotland.

“The United States is critically important,” Johnson said. “It will send an extremely powerful signal to the world.”

Guterres told reporters after the roundtable he had heard “encouraging statements” about raising financial support to help developing countries cope with climate change.

A UN official described the talks as “brutally honest” about the summit’s expectations and that there was “a collective sense of ‘we are in trouble'”.

Off road

The roundtable discussion aimed to ensure a positive outcome at the conference, even though reports show that major economies are far from meeting their emissions reduction targets and climate finance commitments.

Guterres also lobbied donor countries and multilateral development banks to show progress towards his goal of increasing the share of funding spent on helping countries adapt to climate change to 50%. from the current level of 21%, said Selwin Hart, Guterres’ special advisor on climate action.

A report released on Monday by Oxfam estimated that wealthy governments will continue to miss the $ 100 billion target and only hit $ 93 to 95 billion a year by 2025 – five years after the target should have been be reached, depriving climate-vulnerable countries of $ 68. billion dollars and $ 75 billion in total over the six-year target period.

Simon Stiell, Minister for Climate Resilience of Grenada, said that in the weeks leading up to the summit, pressure is being placed on the G20 group of the world’s largest economies to step up its national targets to reduce emissions. emissions and its commitments to mobilize international climate assistance.

“If you look at the role the G20 plays in the global discussion, they generate 80% of global emissions and constitute 85% of global GDP. They have the wealth and the technology to act,” he said.

Action by G20 countries can “move the needle” in terms of meeting the goals of the Paris climate agreement, Stiell said.

Guterres told Reuters in an interview last week that the divide between developing and developed countries puts the summit in danger of failure.

“There is still a level of mistrust, between north and south, developed and developing countries, that needs to be overcome,” Guterres said.

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Latin America, the next Mecca for digital nomads https://granlogiacostarica.org/latin-america-the-next-mecca-for-digital-nomads/ https://granlogiacostarica.org/latin-america-the-next-mecca-for-digital-nomads/#respond Tue, 21 Sep 2021 17:22:23 +0000 https://granlogiacostarica.org/latin-america-the-next-mecca-for-digital-nomads/

LIMA – Niels Olson, Ecuadorian Minister of Tourism, is working hard to bring “digital nomads” to his country. He believes that attracting this new generation of freelancers who can work from anywhere for extended visits is a unique opportunity for everyone.

Olson recently tweeted that the average New York-based freelancer could cut their standard monthly costs from $ 4,000 to $ 1,000 by moving to Ecuador.

Living in a city like Puerto López, he writes, the independent expatriate could “work by the sea, live with a predominantly vaccinated population, in the same time zone, (enjoy) an excellent climate and eat fruit. fresh sea “. For Ecuador, the new influx of visitors with money to spend would help boost the country’s economy.

To this end, he says, the government of President Guillermo Lasso is preparing a temporary residence visa for these workers. It “allows foreigners to work remotely for foreign companies in Ecuador. How does this benefit our country? By bringing currencies into our economy and creating jobs, ”Olson said.

Ecuador wants to be the first Latin American country to issue such visas, and the timing could not be better. While online freelancers already moved from country to country before COVID-19, the pandemic has brought their current number to around 100 million worldwide. The Inter-American Development Bank estimates that there could be one billion mobile digital workers by 2050.

Latin America wants to compete with Europe

Some European countries are already issuing visas for digital nomads. They include Germany, Portugal, Iceland, Croatia, Estonia, and the Czech Republic, but in the Americas only four countries are on the list, namely Antigua and Barbuda, Barbados, Panama and Costa Rica.

In August 2021, Costa Rica approved a law for remote workers and international service providers, aimed at attracting digital nomads and making its travel industry more competitive. The law provides legal guarantees and specific tax exemptions for teleworkers choosing to make the country their place of work.

It allows foreign nationals earning more than $ 3,000 per month to stay in the country for up to one year, with the option to renew their visa for an additional year. If the applicants are a family, the required income is $ 5,000.

Carlos Ricardo Benavides, the legislator promoting this law, affirms that it will be a stimulus for the “economic reactivation of Costa Rica. With this legislation, which is pioneer in its field, Costa Rica has an excellent tool to make the country a destination of choice “.

Neighboring Panama is also creating short-term residences for remote workers and is considering extending tourist visas. The nation hopes to use foreign funds spent on hotels, retail and local services to jumpstart an economy that shrank 17.9% in 2020.

Mexico offers temporary residences to attract digital nomads

Mexico, meanwhile, does not offer a specific visa for digital nomads but remains one of their favorite destinations, with 20 Mexican cities currently hosting remote workers. $ 1,650 in monthly income or a bank balance of at least $ 27,000).

In Colombia, the government has approved a business law that includes special migration rules. It states that the “Government, through the Ministry of External Relations, will accelerate a special regime for the entry, stay and work of digital nomads. […] with the aim of promoting the country as a center for remote work. “

When it comes to choosing a destination, taxes are often a determining factor for digital nomads. Foreigners should take into account the facilities and infrastructure provided by the host country, says Valeria Galindo, partner in personal advisory services at accounting firm EY Perú. But no less important in the choice of destination are “the tax consequences that moving to a foreign country may have for themselves and their business.” terms of the company’s settlement agreements.

AirBnB partners with the city of Buenos Aires

Why are various Latin American countries wooing digital nomads as residents? A study by the Adventure Travel Trade Association, titled “Work and Wander: Meet Today’s Digital Nomads,” found that 87% of them earn about $ 4,500 per month and spend about 36% of that income wherever they go. resident. Their work profiles were a mix of writing, sales and computer programming.

The Nomadlist website also finds that these workers are generally young and more willing to try different experiences and visit new places.

Their disposable income – and willingness to spend it – makes digital nomads a boon to the continent’s battered travel sector. The Mexican government has found that a single person’s stay for three months or more translates into thousands of dollars pouring into the local economy.

Victoria Bramati, Airbnb’s communications manager for South America, said “the pandemic is changing the way we work, live and travel. People want to live anywhere,” and technology makes that possible . This, she adds, “happens in real time”. In June 2021, the company offered Live Anywhere on Airbnb, a pilot program where 12 people shared various Airbnb homes for 10 months. She said it was an opportunity for people to “make the world their home” for almost a year, with most of the costs being borne by Airbnb. The company recently signed an agreement with the city government of Buenos Aires to jointly promote the Argentine capital as an international destination, especially for remote workers.

Between its low costs, exotic destinations and colorful cultures, Latin America has major potential to become the next hotspot for digital nomads. And now is the time to attract travelers who don’t need – or want – to return home.

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For families in Europe, ending the US travel ban is a new beginning https://granlogiacostarica.org/for-families-in-europe-ending-the-us-travel-ban-is-a-new-beginning/ https://granlogiacostarica.org/for-families-in-europe-ending-the-us-travel-ban-is-a-new-beginning/#respond Tue, 21 Sep 2021 17:18:29 +0000 https://granlogiacostarica.org/for-families-in-europe-ending-the-us-travel-ban-is-a-new-beginning/

LONDON – For Katie Wait, the coronavirus pandemic has been more than a year and a half of uncertainty. It also meant months apart from his parents, brother and extended family in Florida.

Missed birthdays. Milestones celebrated separately. Time together wasted.

“It’s been the most difficult year mentally and emotionally, when you really want your family to be there,” said Ms Wait, suddenly overwhelmed by tears. “It was tough.”

So, on Monday, she was one of many across Europe and the world who rejoiced when the Biden administration announced an 18-month travel ban from 33 countries, including Great Britain. Brittany, member states of the European Union, Brazil, China, India, Iran and South Africa, would be lifted.

The travel ban had not been a mere inconvenience, for Ms Wait and countless others: it crushed jobs and destroyed opportunities and put an irremovable wall between them and their families or partners.