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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
Energy Efficiency
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
What has caused the explosive demand for real estate in the beach
areas of Guanacaste?
The basic demand has always been there because many folks looking
for a fun filled vacation resort, choose the beach areas of
Guanacaste…Playa Flamingo, Playa Conchal or Playa
Tamarindo.
Historically, the problem has been the lengthy (5+ hour) journey
from the airport in San Jose. Many folks simply chose not to do
it!
The calculus suddenly changed a couple of years ago when the
airport in Liberia opened to international flights. Then there
was a geometric shift when the airport started accepting daily international flights.
The rest, as they say is history!
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