Costa Rica. Destination for living or investing

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Philip Dalton
5 years ago
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1 Costa Rica Destination for living or investing

3 Costa Rica

4 WE ARE IN CENTRAL AMERICA Nicaragua Panamá Dynamic economy in Central America Shows bigger growth Higher per capita income and foreign investment Small country: 5 million inhabitants in 19,700 square miles Oficial language is Spanish English language is well accepted Legal currency is the Colon US dollars and credit cards are well accepted $1 = 600 colones

5 Who may purchase Real Estate in Costa Rica?

6 Foreigners and entities controlled by foreigners Under the same conditions as Costa Ricans Foreigners and foreign corporations can register real estate directly Owners who are foreigners enjoy same rights as Costa Rican citizens

7 A FOREIGN INDIVIDUAL: May purchase real estate with his passport He does not require to be a resident of the country Or having local partners He may do it personally or through a company Only as a resident, access to funding in local banks

8 OWNING PROPERTY Properties in Costa Rica are identified by a UNIQUE PROPERTY NUMBER and survey number associated to it DUE DILIGENCE: Previous to purchasing Property in Costa Rica Title Search at the Public Registry Real Estate and Municipality Taxes Land Use Certificate Water and Electricity supply source Environmental Laws

9 WHAT TYPE OF REAL ESTATE CAN BE PURCHASED IN COSTA RICA?

10 REAL ESTATE AT THE BEACH IN GUANACASTE, THE PACIFIC AND THE ATLANTIC COASTS

11 BUT WE ARE MORE THAN ONLY BEACH

12 WE OFFER CATTLE RANCHES, PRODUCTION AND OXYGEN FARMS

13 GREEN PROJECTS / SUSTAINABLE DEVELOPMENT PROJECTS -WE ARE A GREEN COUNTRY-

14 INDUSTRY: LOGISTICS, MANUFACTURING (MEDICAL AND HIGH TECHNOLOGY DEVICES)

15 TYPE A, A+ AND BTS OFFICE CENTERS, HOTELS, FREE ZONES, DISTRIBUTION CENTERS, SERVICES AND WAREHOUSES

16 RESIDENTIAL REAL ESTATE

17 WHY COSTA RICA? Because we are an excellent alternative for living or investing

2018, we are the first safest country in

18 OUR PEOPLE: well educated, happy and friendly UNIQUE: is generally regarded as having the most stable and most democratic government. No ARMY STABLE ECONOMY GREEN AND ECOLOGICAL SECURITY: Global Peace Index 2018, we are the first safest country in Central America and the Caribbean area, and third in Latin America FOREIGN INVESTMENT: due diligence, invested millions of dollars to base their operations.

19 LOCATION LOCATION LOCATION Canadá Miami Panamá Europe > 3 hours > 11 hours 5 hours > 1.5 hours

20 WEATHER: tropical, nice and warm. Temperature is close to seventy-five fahrenheit degrees all year round PURA VIDA: (pure life): We have an expatriate community where US American is one of the biggest communities.

21 Costa Rica Referrals

de Bienes de Raíces (Chamber of Real Estate Agents) - CCCBR - The largest association and reference

22 Trained real estate professionals are ready to help you in Costa Rica Promote and foster the referral business between you and the members of our Association Cámara Costarricense de Corredores de Bienes de Raíces (Chamber of Real Estate Agents) - CCCBR - The largest association and reference entity of the Real Estate Sector in Costa Rica, since 1974 We are more than 500 agents all over the country.

24 PLEASE REMEMBER! Invest time visiting it Explore different areas Mingle with communities It is necessary to physically go and visit the real estate before buying To generate business safely in Costa Rica, is better if you do it with a member of CCCBR

25 SPEAKER

Doing Business in Costa Rica

Doing Business in Costa Rica The purpose of this presentation is to provide information to investors who are evaluating Costa Rica as a potential location for their business. General Facts The Republic