|
Why Costa Rica?September 1, 2009
- Land values have increased 32% annually since 1998…65% annually for properties which have a rental dwelling on the site.
- Favorable tax system: Currently there are no capital gains taxes on the sale of property. Real estate taxes are currently at approximately one quarter of one percent on your property value, substantially lower than what we are accustomed to!
- Costa Rica law allows for the same property ownership rights for Americans, Canadians and Europeans as for Costa Rican citizens.
- Costa Rica, a democracy for more than 115 years, is a model of political stability. It’s often referred to as “The Switzerland of the Americas.” Costa Rica is well respected and admired around the world as a non-violent, non-combative country and was the first country in the world to constitutionally abolish its army and instead focus those resources toward education and health care.
- High education levels, political and economical stability and a strong tourism industry have attracted sizable foreign investment, including over 100,000 Americans whom have already purchased property in Costa Rica.
- At 96%, Costa Rica has one of the highest literacy rates in the entire Western Hemisphere.
- Costa Rica, “The Silicon Valley of Latin America,” is home to such worldwide companies as Acer, Microsoft, GE, Bristol-Myers Squibb, Cisco Systems, Eli Lily, Motorola and Intel’s $300 million dollar Pentium Chip complex located just outside of San Jose, the nation’s Capitol.
- At 70% less than similar properties in places like Florida and Arizona, a growing number of people are looking to Costa Rica for retirement, second homes and vacation homes.
- With a steadfast commitment to preserving its natural resources and an estimated 35% of the country designated as “protected” both federally and privately, eco-tourism has surpassed even surfing and fishing as the top reason to visit. This type of natural beauty and charm has made Costa Rica an international resort destination. The Marriott Los Suenos Resort, The St. Regis by Starwood, The Four Seasons and The Mandarin Oriental are just a few of the world class resort leaders that have chosen Costa Rica.
|
|
|
|