Costa Rica Real Estate as an Investment
Why Consider Costa Rica Real Estate?
Great question!
There are usually only two reasons why anyone
ever buys a piece of property, anywhere in the
world:
1.
At some point in the future, they plan
to live on the property
2.
They see the purchase as a good investment
i.e. they envision the value of the property
going up over time.
And then there is the oddball person who
likes to buy property for both reasons, at the
same time!
Let’s assume for a moment that you are interested
in buying some property with the expectation
that you will make money when you sell at some
point in the future…not an unreasonable approach
to investing your hard earned money.
Given all the possibilities in the world,
why consider Costa Rica real estate?
The Top 10 Advantages of Costa Rica Living
and Investment
Stability
- Greatest
political, social and economic stability in
all of Latin America
- 100+ years of democracy, no army since 1949,
two Nobel Peace Prize recipients
Education
- Compulsory,
free education system started in 1869 resulting
in a 95.7% literacy rate
and a highly qualified workforce; strong and
growing middle class
- Computer
labs in 50% of elementary schools and 100% of
secondary schools
- 67
university campuses and 81 technical high schools
- Excellent
international school locally available in Flamingo
Communications
Infrastructure
- Decent
telephone (landline and cell) systems
- High
speed internet currently available
in our beach communities (Coco, Flamingo, Brasilito,
Tamarindo)
- Cable
television
- Federal Express
Transportation
Infrastructure
- Daily
international flights into San Jose and Liberia
- 3
hour flight to the U.S.
- Extensive
road system…needs improvement, “You think?!”
Economic
Diversity
- Tourism
#1 at $1.2 billion
- Agricultural
exports – coffee, bananas, cantaloupe, sugar
cane
- Medical
services – plastic surgery and dental implants
popular with expats
- Technology
– largest exporter of technology products to
U.S. from Latin America
- Intel,
Motorola, Procter & Gamble, Pfizer and Abbot
Labs
- U.S.
is Costa Rica’s largest trading partner
Gender
Equality
- 7th
in the world by percentage of women in Congress
- 4
of 5 past administrations have had women VPs
- 53%
of top public officials are women
Medical
Care
- Universal
health care since early 1940’s
- Available
to citizens and foreign residents
- Life
expectancy is 78.1 years
- Very
high quality health care available at very reasonable
costs
Ecological
Diversity and Sensitivity
- 25%
of the country’s land area is under protected
status
- 6%
of the world’s biodiversity
- 25%
of tropical biology research worldwide is done
in CR
- 850+
species of birds
- 80+%
of our visitors are “ecotourists”
- Costa
Rica is considered by many to be the “ecotourism
capital of the world”
- Tamarindo
has the largest estuary in Central America
- Playa
Grande has our national treasure – the Leatherback
Turtle
Energy
Efficiency
- 2nd
most energy efficient economy in the world
- 99%
of electricity from renewable resources (hydroelectric)
- In-country
crude oil refinery
Business
and Real Estate Investment Friendly
- No
foreign exchange controls, no restrictions to
capital or profit repatriation
- No restrictions on
foreigners owning a business
- No restrictions on
foreigners owning real estate
- Low rates of business
taxation
- Extremely low rate
of property taxation
- Easy and inexpensive
to form a Corporation
- No real estate capital
gains taxation with Corporate structure
Explosive
demand for Guanacaste real estate in the beach
areas |
