Besides being strategically located for easy
access from North and South America, its Atlantic and Pacific coastlines and
two international Airports, provide easy access into its borders from virtually
anywhere in the world.
The country became Central America’s first
democracy in 1821, and today Costa Rica remains stable and strong, standing by
its decision in 1983 to be a neutral entity in world conflicts. In 2008 in El Salvador conference, the World Bank stated that Costa Rica possesses one of
the most stable and robust democracies in Latin America.
The country’s business friendly policies,
numerous free trade zones, tax holidays and its encouragement of foreign
investments have attracted the financial and physical presence of fortune 500
companies such as Wal-Mart, Hewlett Packard, Pfizer, Microsoft, General
Electric, Intel and numerous others. At the same 2008 conference The World Bank
praised Costa Rica’s healthy economic growth rate as one of the best social
indicators in the Western Hemisphere.
Adding to the strength and attractiveness of
the real estate market in Costa Rica is the country’s stunning scenery,
unlimited outdoor activities, its rain forests, beaches and friendly citizens.
For self-sustainable ecological tourism, it ranks number two in the world, only
falling short of Palau in the South Pacific. According to National Geographic,
Corcovado National Park, located on the Osa Peninsula, has been labeled the
most biologically intense place on earth. One of the many islands, La Isla del
Coco, was a candidate for the Seven Wonders of the World, adding to the desire
to possess a piece of paradise where foreigners have the same rights as Costa
Rican citizens to own Real Estate.
In a country that is slightly smaller than the
state of West Virginia, a little over a quarter of its territory remains
protected for natural preservation. It is inevitable that the limited amount of
land will only boost demand to own a piece of it. In addition, the economy’s
strength and the country’s magnetism can only increase that capital gain
potential for investors.