Why Invest in Costa Rica?

Costa Rica is an incredibly beautiful country and the real estate feeding frenzy fostered by progressive policies towards foreign investment shows no signs of slowing down. With the advantage of an active tourism board and a reputation as a peaceful and environmentally friendly country, an investment in Costa Rica is much more certain than an investment was in the California real estate market 30 years ago. The government is dedicated to preserving Costa Rica’s status as an ecological haven, designating more than 27 percent of the country as protected area.

With over 150 years of solid democratic government and similar political structure and legislative process as the USA it is no wonder over 100,000.00 foreigners have relocated to Costa Rica. In fact, more North Americans own real estate and live in Costa Rica per capita than any other country outside of the United States. Investors feel confident purchasing property in a country which has continued to foster a functional legal democracy and firm legal safeguards for foreigners. In fact Miami Herald rated Costa Rica the 27th safest country for investment of 140 countries surveyed, the United Sates only ranked 22nd!

Costa Rica’s current prosperity is being fuelled by the emigration of affluent baby boomers from around the world seeking their own piece of Paradise. Costa Rica satisfies the list of ‘Must Haves” to qualify as a top retirement local. Excellent health care and solid education, modern amenities coupled with a relaxed way of life and affordable cost of living. Technologically savvy and already competing globally Costa Rica is a developing nation poised to be a global player. U.S business magazine Fortune ranked San Jose the 25th best city in the world to do business. The market provides affordable and high yielding real estate without the consequence of capital gains tax or high property taxes. Beyond that other legalities and market conditions create a favourable atmosphere for retiree or young professional who want to take advantage of an emerging market. Costa Rica is a playground for those whose spirit is entrepreneurial. Endless business opportunities exist within a country which is hungry for more goods and services. Real estate is not the only way to profit in Costa Rica but certainly the most lucrative.