To encourage the use of electric vehicles in the country, the Alvarado administration signed the Executive Decree 41426-H-MINAE-MOPT, which grants a fiscal benefit to second-hand electric vehicles whose antiquity is equal to or less than 5 years from the year of its model.

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Nacion.com reviews that "... The benefit includes cars, motorcycles, cargo vehicles, minibuses or buses. Specifically, they are exonerated from paying the Selective Consumption Tax. The incentive will apply only to vehicles with a CIF customs value not exceeding $30,000. This economic limit, however, shall not apply to public transportation vehicles or cargo transportation."

"These second-hand electric vehicles will also not be subject to vehicle restrictions and may use blue parking within public parking lots, as well as supermarkets, malls and other private parking lots, as stipulated in Law No. 9518, Incentives and Promotion for Electric Transportation, of January 25th, 2018".

Source: Nacion.com

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