Costa Rica investment by foreigners is safe. Foreign investors have the right to invest in business and own land. Costa Rica also
offers tax breaks and incentives to industries
such as tourism and others. Costa Rica investors also can gain rights for residency, depending on the level of investment.
As with any other country, foreigners should take the time to study the laws prior to making significant investment. Foreigners that wish to purchase land should be aware of certain specific laws, such as squatters' rights. Investors should also know that a Title Guarantee company should always be used, as many precautions need to be taken prior to purchasing land.
Those that wish to start a business in Costa Rica should learn the language well enough to be able to read the laws prior to hiring employees. Workers rights in Costa Rica surpass most industrial countries. For example; It is required by law to pay employees for an entire additional month at the beginning of December!
In summary, Costa Rica is a great place for investment. As with any other enterprise, homework should be done first to ensure a successful venture. Good luck! |