Costa Rica – Retention Bonuses for Key Employees

Retention bonuses, also known as "stay bonuses" or "ERBs," are utilized in Costa Rica as an incentive to retain key personnel, typically during times of change (such as mergers and…

Central America: A Growing Luxury Market

In recent years, the concept of luxury in Latin America has evolved significantly. What was once understood as the possession of exclusive material goods has transformed into a broader, experiential…