In Central America, bordered by the Caribbean Sea and the Pacific Ocean lies Costa Rica a hugely popular country for visitors worldwide. There is no doubting why Costa Rica remains so popular after viewing the unspoiled beauty and the vivacious lifestyle which this Country has to offer with its tropical beaches, islands, waterfalls and volcanoes. Costa Rica has a heavy Spanish influence and the locals live by the phrase ‘Pura Vida’ which expresses Costa Rican philosophy of a strong community, perseverance, good spirits and enjoying the good life!
Why invest in Costa Rica?
Costa Rica is less than a two hour flight from the international airport of Miami providing an easy access point for the one million tourists who travel to the Country each year. This fact alone is why many are considering Costa Rica as a strong buy-to-let investment opportunity.
This investment potential is increased by the stable government and strong currency that benefits Costa Rica. There are also many tax incentives which make the running and purchasing of a property a lot easier. With a 0% capital gains tax and only a .25% property tax, (which is lower than most places in the world) property in Costa Rica has a strong potential for increase in value. All property brought in Costa Rica has no ownership restrictions; if you are a foreigner you share the same rights to your property as a Costa Rican citizen does.