Costa-Rica-Licensed Casinos in Other Countries: Expert Guide

Companies certified in the state can offer iGaming services anywhere in the world, where local laws do not prohibit them.

This is one of the key advantages of the Costa Rica licence. If you want to offer games to the whole world, run a business smoothly, and easily enter markets with a higher entry threshold (the US, the UK), then Costa Rica is an ideal jurisdiction.

Rosloto specialists help operators get a local licence and open wagering start-ups in other states. You can also buy ready-made web gaming solutions for quick market entry.

Basic Information

A great benefit of obtaining a local permit is the complete absence of taxes. However, licensees usually pay a special fee annually to renew the certificate received earlier.

Operators have to pay for:

• the licensing procedure (about 60,000 US dollars);
• registering the enterprise on the territory;
• other related fees.

In the long run, working without taxes will pay off all expenses.

In Costa Rica, operators get a permit called a Data Processing License. Unlike documents from other jurisdictions, this is not just a certificate for gambling market participants. It is a general permit to launch a project in Costa Rica. Therefore, the certification usually takes place quickly like in other types of entrepreneurial activity.

Costa Rican Licence: Pros and Cons

The strengths of the local permit for operators include:

1. Entrepreneurs can work directly with firms in the US and EU countries.
2. There are only a few strict requirements for online casino software.
3. Transaction processing servers can be located in any state, not just in Costa Rica.
4. The enterprise can open accounts abroad and keep its assets there.
5. In addition to zero income tax, there are no audit, accounting or financial tariff reports.
6. Registration and licensing take place within 2–5 weeks.

None of the jurisdictions can be called the best in the world — each has benefits and drawbacks. In the case of Costa Rica, the main disadvantage lies in the specifics of the Data Processing License. It is difficult to open bank accounts for amusement activities with this permit.

Alternatively, you may open a Bitcoin casino and accept payments only in cryptocurrencies. The problem will be solved and you will no longer need the services of banks. In any case, even when accepting bets in euros and US dollars, these restrictions can be bypassed.

We suggest that you seek advice from the lawyers of Rosloto. They are well versed in the legislation of offshore territories including Costa Rica.

Since the state regulator issues a global licence, there are no restrictions on the origin of site visitors. But it is essential to limit the ability to freely gamble for citizens of countries with a complete ban since law enforcement agencies may present claims in the future. You must ensure that iGaming is allowed in the states you engage traffic from to continue work peacefully.

The Main Things about the Costa Rican Gambling Licence

Anyone can set up and run an online casino certified by this jurisdiction if they properly register the firm and audit where players come from.

If you doubt, contact us and we will answer your questions in more detail. Our team will help you decide on the jurisdiction and form of casino ownership.

Rosloto is a successful gaming aggregator, that also offers such products:

• managerial software;
• variety of payment systems;
• gambling advertising instruments;
• games from diverse providers.

Rosloto's seasoned specialists will provide a decent consultation and help integrate the selected content on any site. Feel free to contact our managers for more detailed information.