Costa Rica elects populist Laura Fernandez, who promises Bukele-style mega-prison

Fernández campaigned on moderate fiscal reform including 1.5% VAT surcharge on luxury goods. The centrist candidate promised ₡250 billion investment in 30,000 affordable housing units over four years while maintaining fiscal responsibility and economic growth.

Fernández pledged ₡250 billion investment in 30,000 affordable housing units over four years. The housing investment would address Costa Rica housing shortage and provide homeownership opportunities for middle and low-income families struggling with housing affordability.

Campaign focused on moderate fiscal reform rather than dramatic policy changes. Fernández positioned himself as a pragmatic centrist who could work across party lines to address Costa Rica economic challenges while maintaining democratic institutions and social programs.

OAS observers lauded election as transparent and peaceful, reinforcing Costa Rica democratic reputation. The Organization of American States monitoring team praised the electoral process and found no major irregularities or voting irregularities in the runoff election.

Fernández promised to maintain Costa Rica neutrality and international partnerships while strengthening regional economic integration. The president-elect emphasized continuing cooperation with Central American neighbors and maintaining Costa Rica role in international organizations.

The election came amid Costa Rica economic challenges including inequality and housing affordability. Fernández victory reflected voter desire for pragmatic solutions to economic problems rather than ideological shifts between traditional parties.

President-elect Fernández will take office in May 2026 with a mandate to implement fiscal reforms and housing investment. The new administration will face challenges in delivering on campaign promises while managing economic expectations and political opposition.