Costa Rica is a country for business
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Costa Rica is a country for business and investment

ByDaryna

Due to its low production costs and low taxation, Costa Rica is one of the most popular countries for foreigners who want to open a company in the country and engage in investments.

Buying real estate in Costa Rica can reduce living costs in the country if you choose to do business. The cost of real estate in Costa Rica is several times cheaper than in many countries. Many migrants who invest in real estate in Costa Rica receive rental income throughout the year. This is due to the fact that this country is very attractive for tourists and businessmen.

Business opportunities in Costa Rica can be interesting and promising, both domestically and as an offshore company to operate in the external market. Many multinational companies open their branches in the free economic zones of Costa Rica. It provides an opportunity to import goods without taxation.

In Costa Rica, there are 5 regions that belong to the free economic zones (Costa Rica’s Free Trade Zones). In these zones, foreign companies are engaged in the development of investment projects for the production of clean energy, biotechnology projects. Also, the activities of companies aimed at the sphere of the agro-industrial complex for the production of non-food and food products, in the sphere of services and logistics provide for tax incentives.

Free economic zones provide a preferential right to companies that will not pay income tax and customs duties for export-import operations for 12 years. In addition, they have an exemption from taxes on royalties and dividends, from sales tax, and on payment of state duty for services and goods of the local market. Including for a period of 10 years, companies in free zones are exempt from property tax, property transfer, and license issuance tax.

Коста-Рика - страна для бизнеса

Moreover, the Costa Rican authorities also provide incentives to those companies that are involved in the IT business. If you pay attention to the constant growth of the economy of Costa Rica, and to the increasing number of the population, the prospects for business are quite high. The main thing here is to correctly determine the choice of the most competitive sectors of the economy or service sectors. Costa Rica does not impose any restrictions on investors except:

  • Property transactions in coastal areas and associated with the country’s natural resources.
  • Carrying out operations in the state ports of the country.
  • Money laundering and terrorist financing transactions.

In conclusion, it is worth noting that Costa Rica can provide huge unlimited opportunities for foreign business. The fact of acquiring real estate or setting up a business in Costa Rica does not oblige a foreign citizen to become a citizen of the country. Therefore, in order to make your dreams come true, you need to have the desire, capabilities and possess reliable information about the real state of affairs.

Darina Logvinova is an expert on travel and automotive journalism. She enthusiastically shares her experiences through her journalistic work, writing about international travel, cars, performing arts, and news in general. Darina's work can be found in several international publications.
Hello! I'm Darina Logvinova. My life is full of interesting events. And I want to share this with you. My passion is to travel. Perhaps there is nothing more surprising and impressive than discovering new countries, new cultures, cities, uniquely beautiful places. Travel is life. This is what always gives strength, energy, and desire to go forward. It's so hard to wake up early for work, but it's so easy - to the airport or to the train =)
I am also a fan of psychology. I believe that it is impossible to have a harmonious relationship with yourself and with the people around you, without understanding anything about our inner world. Many world-famous authors set out their thoughts in books, they are very smart and talented people who share their knowledge and experience. There is nothing easier than buying a book and learning something new from the geniuses of psychology. Our feelings and emotions are very multifaceted. We all perceive the world in different ways and we need to be able to respect and understand this. Everything that we wish will certainly come true, you need to be able to dream about it correctly. The universe does not limit anyone. It is full of supplies for each of us. Psychology is a very important science for humanity. The more the world develops, the more people understand this. The more we are tolerant to ourselves and to all people, the more good there will be in our lives and in the whole world. Development is the driving force behind humanity. We simply cannot afford to stand still, otherwise, our life loses all meaning. Every day, discovering something new for ourselves, we move forward towards our goals.

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