Costa Rica is one of the most visited countries in Central America. American tourists have been flocking to the country for years, and it’s become a hot spot for retirees and expats due to its cheap living, great weather, amazing beaches, and friendly locals.
I love Costa Rica. It was the first place that inspired me to travel.
It holds a special place in my heart.
I’ve been back to visit Costa Rica many times since then, falling in love with it over and over again.
I love the never-ending activities, gorgeous beaches, diverse wildlife, delicious food, and friendly people.
The country may be expensive by regional standards but that doesn’t make it any less amazing. The beaches are picturesque, there’s great surfing and amazing diving, and there are plenty of places to get away from the hordes of retired Americans that live here.
I really can’t say enough good things about this country!
This guide to Costa Rica can help you have the trip of a lifetime — and save money in the process!
Pura Vida!
Ways You Can Invest in Costa Rica From Abroad
Foreigners , can invest in residential or commercial real estate, where there are many opportunities. But they might also consider establishing a business or a branch of a business there, with the help of welcoming and tax-friendly government policies.
Costa Rica residential real estate has become a popular choice for snowbirds and retirees.
Several local firms cater to commercial real estate investors from abroad.
A number of geographic "free zones" with special tax breaks and other incentives are luring new job-creating businesses.
Costa Rica offers an attractive proposition for foreign direct investment, due to its establishment of several free zones.
These are essentially duty-free geographic areas where some 400 businesses foreign and domestic now operate, tariff-free, sales tax-free, and, in some cases, income tax-free, in return for creating jobs for Costa Ricans. readers want to feel like they are experiencing the product for the first time with the same attention to detail that you have.
Resources for Doing Business in Costa Rica
The Costa Rican Investment Promotion Agency (CINDE) is a great resource for investors who are looking into any of the growth sectors of Costa Rica.
The site offers information on opportunities in a number of sectors, including:
Services including back office, regional office, call center, human resource office, or digital technology office locations.
Advanced manufacturing in the metal, automotive, electronics manufacturing, electronic service, and aerospace fields.
The life sciences sector, for production of medical devices, biotechnologies, and pharmaceuticals.
A light manufacturing sector for companies in plastic, clothing, construction, textiles, and packing materials.
The food sector, from farming to processing and distribution.
The Costa Rican government has developed a number of incentives to attract businesses in these sectors.
For example, it offers a 100% tax exemption on all import, interest income, withholding, stamp, and sales taxes. There's also a 10-year lock on property transfer taxes.
Investors in the services and manufacturing sectors get even more incentives. For the first eight-year period, these companies get a 100% income tax exemption, followed by a four-year period of a 50% income tax exemption.
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