Costa Rica Real Estate
by Overseas Realty Inc.
Costa Rica, Paradise Found
We have been writing about the emerging opportunities in Costa Rica for years, now more than ever we want to emphasize the “Timing is Right”. In the past two years dozens of major corporations have built state of the art facilities, including Intel, Cibertec, Conair, Xerox, Hitachi, Priceco, Marriott and others. New infrastructure is being installed in all areas of the country. The growth has been well planned leaving intact the good naturedness and loving characteristics of the Costa Rican people, which makes this country such a wonderful place to live.
The Word is Out
The foreign community has doubled in the last 10 years to almost 350,000 residents (representing 15% of the population). What do they know, that you should know: There are a hundred reasons, but the top ten reasons listed by North Americans are:
· Peaceful, Democratic Country for almost 200 years
· Quality, affordable medical and dental care
· English is the second language, spoken by over half of the population
· Overall quality of life with a very low crime rate
· Tax advantages enjoyed by foreign residents
· Climate (average temperature 25C-78F)
· Beautiful affordable real estate in the Central Valley and the Pacific Coast with very low taxes
· First class system of Education (94% literacy rate, among the highest in the world)
· Culture and friendliness of the Costa Ricans
· Bountiful business opportunities
The first thing you notice as you arrive in Costa Rica is that it reminds you of North America in late ‘60’s and early ‘70’s. The country and the people have maintained that sense innocence that we lost somewhere in the 1980’s. As you drive through the Central Valley, home to the capital city of San Jose, You are surrounded by magnificent vistas in all directions. The Valley is some 1,200 meters in altitude (4,000 feet) thus the continual spring like temperatures and climate throughout the year. The valley is 90 kilometers long by 40 kilometers wide and is home to 60% of the country’s three million inhabitants. From the central valley you can reach the Caribbean or Pacific coasts in just under two hours drive time or 25 minutes by air, the only place in the world you can do this-part of why the country is so spectacular. Within the Valley itself there are dozens of microclimates so depending on how you like your weather, there is a wonderful place to live for everyone.
The average life span for the population is 82, which speaks volumes about the quality of the public and private health care system. The area has recently become a Mecca for cosmetic dentistry and plastic surgery, because of first class results and low costs. Most Doctors have been trained in North America, but price their services for the local economy.
Qualified, intelligent, inexpensive and English speaking labor is readily available, a key factor in the decision of Intel to build their most sophisticated chip plant in the Central Valley. What this means to you is that there is a talented readily available cheap source of labor for whatever project or venture you have in mind.
Under most circumstance this can mean substantial tax savings for North Americans and a real way to create and maintain wealth. v
About Costa Rica
In 1502 Columbus landed in what is
now Puerto LiM6n, Costa Rica, on his 4th voyage to the New world and named
his discovery Costa Rica (Rich Coast). Some say he chose the name because
of the natural beauty he found there, others say it was because he'd heard
rumors of gold. Be that as it may, he would have been right in the first
instance and wrong in the second. It was quickly discovered that there was
comparatively little gold, but… The natural beauty of Costa Rica has been
attracting settlers ever since the, first colonization.
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786 S. Orange Ave, Sarasota, Florida 34236, Phone: (941) 951-6222 Fax: (941) 309-3091