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Costa Rica Favors Foreign Investment
magine a tropical other international investment
paradise only a plane ride opportunities.
away… free of worries that
seem so commonplace in our Add to this a low crime rate with
society, such as terrorism, virtually no violent crime, a
government intervention in military free existence and
business and a higher cost of property prices that are still
living. This dream is becoming a attainable for the average
reality for thousands of American investor, and it’s no wonder the
foreign investors each year as number of North Americans
they invest in the burgeoning relocating to Costa Rica has
Costa Rican real estate market tripled in the last decade.
and find themselves calling this
their new home. Perhaps the most attractive of
Costa Rica’s benefits is the
And why not? With a temperate government’s favorable attitude
climate, plenty of ocean view toward foreign investors and
property and a relaxed lifestyle, visitors. Americans can stay in
Costa Rica is the ideal locale Costa Rica for up to three months
for those searching for a solid while earning income from
investment in foreign real self-employment, owning a vehicle
estate. However, Costa Rica also and even purchasing real estate.
has so much more to offer than After this, becoming a citizen of
other countries with similar Costa Rica is not a difficult
climate and terrain. Favorable process. And while foreign
foreign investment policies, a investors live the Costa Rican
stable democratic republic lifestyle, enjoying world class
government and fair tax laws are golf and evenings at the beach,
just a few of the factors that they pay income tax only on their
set Costa Rica a world apart from income earned in Costa Rica;
foreign income is not taxed. investor through each phase of
the investment process. Using
With a 13% sales tax on goods and their services eliminates the
services and a lower cost of traditional speed bumps involved
living, a family of four with a in foreign investment, such as
house and car can live quite language barriers, unfamiliar law
comfortably for just $1000-$1200 and locating suitable properties.
US per month. Both property tax
and capital gains tax are lower As the value of Costa Rican real
in Costa Rica than in the US. Yet estate continues its rapid rise,
the standard of living is with property prices often
comparable to that in North doubling between the time of
America, with high-speed internet purchase and development, the
access and all of the other country’s government and people
technological comforts to which recognize that this trend is a
we have grown accustomed. Health positive one for their economy as
care is advanced and readily a whole. Foreign investment is
available in sterile and encouraged and the locals are
comfortable hospitals. Sanitation friendly and warm to newcomers.
in Costa Rica is excellent, with Police treat foreigners as they
modern plumbing and safe drinking do citizens and foreigners are
water throughout the country. entitled to the same rights under
the law as citizens.
One must set up a corporation in
order to invest in Costa Rican Costa Rica boasts a long and
real estate. This is arranged proud history of political
through a local lawyer or by stability. After a civil war in
employing the services of an 1948, caused by a President who
investment company such as Costa wished to remain in power longer
Vista Land, who walks the than his four-year term, a change
in the constitution was convenient and affordable with
implemented to limit Presidency direct flights to the US
to one term and banning military averaging about $550 return.
in the country to prevent such an
incident form recurring. Other All indicators point to Costa
than that incident, Costa Rica Rica as a wise foreign real
has enjoyed a peaceful existence estate investment destination.
since founded. The secret to success in this
market lies in getting in on the
Costa Rica has successfully action while the potential for
changed with the times to remain massive financial growth remains
a leader in infrastructure, and before the limited available
transportation and technology properties are purchased by other
amongst its South and Central investors.
American counterparts. Highways
and bridges are safe and well by David Lovendahl, Costa Vista
built, while air service is Marketing
About the Author:
Costa Vista Land (http://www.costavistaland.com) is 'developing paradise' in Costa Rica. The company buys raw land in large quantities after they have thoroughly surveyed and researched all details. Because of this, Costa Vista Land acquires their properties at discount prices and develops them in less than 18 months. Hence the unique program in which you can obtain developed land at undeveloped prices and why company President, Brad Hogan says, "We are an investment company first and a land sale company second." Parcel choices range from valleys to mountains, to beautiful coastline property. This lucrative program comes with 100% money back guarantee. Everyone is encouraged to visit Costa Rica, stand on their property and see the beautiful country they have invested in. While visiting, the company pays for your accommodations, meals and transportation. For more information contact 1-877-55-COSTA. And Grab Your Free 50 Minute CD Now, by clicking here: http://www.developingparadise.com.
Published At: www.Isnare.com
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