Lifecycle
- Effective
- Last change
Country / jurisdiction: Costa Rica · Year: 2022 · Status: In force · Level: National · Type: Voluntary
Costa Rica offers a comprehensive package of tax and non-tax incentives for electric vehicles, including fuel cell electric vehicles (FCEVs). These include a 1% VAT rate in the first year, increasing by 1% annually until it reaches the standard rate. There is a full exemption from the selective consumption tax and customs value tax for the first three years, gradually phased out over 12 years. The vehicle property tax is fully exempt in the first year, with a gradual phase-out over five years. Incentives also apply to used EVs up to five years old. Additional benefits include exemption from traffic restrictions in San José, preferential and free parking in many public and private areas, and exemptions from general sales tax, customs tax, and CIF (cost, insurance, and freight) charges, depending on the vehicle’s value.
Official source: http://www.pgrweb.go.cr/scij/Busqueda/Normativa/Normas/nrm_texto_completo.aspx?param1=NRTC&nValor1=1&nValor2=85810&nValor3=111104&strTipM=TC
Source
https://www.iea.org/policies/2973Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.