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I agree with Irish Drifter, however since to me it seems the amcostarica article is more of the hair raising type than the one on welovecostarica.
While I would tend to agree that nothing should be done in haste, given the history of CR law-making, I would not be overly optimistic that the law will not have a detrimental effect for several reasons:
The CR government has a history writing and enacting laws that tend to have the effect of killing the goose that lays the golden egg. Several examples leap to mind; Squatters laws which have been used mostly against gringos for years to extort money or steal land. It is one of the biggest scams going and yet the CR government knows the targets are mostly foreigners who are ignorant of this law and have limited influence. They want to seem populist with the people, so they do nothing about reforming the law. The next thing that leaps to mind is expropriation of land, where the government takes over land from private owners near a national park or on land destined to be a park for very limited renumeration.
Add to that the elimination of most of the tax benefits enacted as incentive to move there and I would say that there are probably better places to reside. I would say that the application of this law could cause expats some significant legal issues. Of course that is just my opinion and YMMV.
