Investing in Costa Rica is a safe bet for those seeking stability, growth, and sustainability. With a consolidated democratic tradition and a solid rule of law, the country has become a reference point in Latin America as an investment destination. But what makes Costa Rica so attractive?
-
Political and Economic Stability.
Costa Rica stands out for its political stability and favorable economic environment:- Solid Democracy: A well-established political system that guarantees legal security.
- Controlled Inflation: A rate of 1.2%, creating an ideal macroeconomic environment for long-term investment.
- Constant Growth: An average GDP of 3.3% over the last five years.
- Regional Competitiveness: Costa Rica ranks fourth in Latin America according to the World Economic Forum’s Global Competitiveness Index.
Political stability ensures a predictable business environment, with legal security that protects foreign investments.
-
Commitment to Sustainability.
One of the greatest attractions for investors is Costa Rica’s commitment to sustainable development. 98% of its electricity comes from renewable sources, reinforcing its image as a country dedicated to environmental protection. This forward-looking vision makes Costa Rica an ideal place for investments seeking not only profitability but also environmental responsibility.
Costa Rica has led initiatives in the fight against climate change, including the ambitious goal of becoming carbon neutral by 2050. This attracts companies from sectors like clean technology and advanced manufacturing interested in operating in an ecologically responsible environment. -
Opportunities in the Real Estate Market.
The real estate sector in Costa Rica offers fertile ground for investment:- Market Value: It is projected to reach $251.5 billion by 2024, with an annual growth of 2.35%.
- Key Areas: Provinces like San José, Alajuela, and Guanacaste lead the growth in residential and commercial developments, offering foreign investors a robust legal framework and high return opportunities.
- Boost from Tourism and Remote Work: The demand for properties has increased, especially for those seeking to telework in a tropical setting.
Types of investments in Costa Rica
Costa Rica offers various options for foreign investors to establish themselves in the country through different types of investments, such as:
- Real Estate: Investment in residential or commercial properties, taking advantage of the sustained growth of the real estate market.
- Productive Projects: Financing or participating in local businesses, from manufacturing to tech startups.
- Investments in the Financial Sector: Acquiring shares, bonds, or Costa Rican securities that generate income and diversify the investment portfolio.
With a minimum investment amount established by law, foreign investors can access tax benefits and a secure and transparent business environment.
Requirements for foreign investors
Costa Rica has designed a temporary residency model for investors that allows foreigners to obtain residency through investments in real estate, productive projects, or the financial sector. To qualify, a minimum investment of $150,000 is required, which can be made in real estate, stocks, or securities. This model not only guarantees tax benefits but also provides access to a secure and transparent business environment.
At ERP Lawyers, we offer comprehensive support for foreign investors looking to establish themselves in Costa Rica. From obtaining temporary residency to investment advice, our experts in immigration and commercial law ensure that each step is backed by a solid legal strategy. With our help, investors can focus on what they do best: growing their capital.
