Why investing in Costa Rica?

8 facts you should know about Costa Rica, a little paradise in Central America located between Nicaragua and Panama, about two and a half hours away from Miami:

1. Costa Rica benefits from stable economic growth. Its main industries are agriculture, tourism and technology. Tourism is the main source of income with ecotourism and health tourism attracting visitors from all over the world.

2. Costa Rica’s standard of living is relatively high. The country’s estimated GDP in 2009 was of $48.83 billion USD*.

3. More than 50,000 North Americans are living in Costa Rica. Furthermore, foreigners have the same right to property ownership as Costa Ricans do and land ownership is widespread.

4. Costa Rica’s climate is tropical and subtropical. The dry season is from December to April and the rainy season from May to November. It tends to be cooler in the highlands.

5. The government has offered many fiscal incentives such as tax exemptions to those willing to invest in the country. Costa Rica has the highest levels of foreign direct investment per capita in Latin America.

6. The United States and Costa Rica have a history of close and friendly relations. As Costa Rica’s largest trading partner, the US accounts for almost half of its exports, imports, and tourism, and more than two-thirds of its foreign investment**.

7. Costa Rica is politically stable. As the oldest democracy in Central America and the first in the world to have constitutionally abolished its army in 1949, Costa Rica guarantees rights for residents and foreigners alike.

8. The literacy rate in Costa Rica is about 95%, one of the highest in the world. The country has a great health care system covering more than 80% of the population***.


Do you have questions about investing in Costa Rica? Kijner & Sons International Realty is here to help so do not hesitate to contact us info@kijner.com


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Sources:

*CIA World Factbook: https://www.cia.gov/library/publications/the-world-factbook/geos/cs.html

**US Department of State: http://www.state.gov/r/pa/ei/bgn/2019.htm

 ***Wikipedia: http://en.wikipedia.org/wiki/Costa_Rica