Costa Rica is not only a popular investment destination for foreign individuals, businesses and industries; it is increasingly receiving funds from foreign governments and multi-national organizations as well. Two recent examples are investments by the World Bank and the Chinese government.
The World Bank approved a three-year, $258 million lending program in early September. The [...]
Posts Tagged ‘Investment’
World Bank, Chinese Government Invest in Costa Rica
Posted in Costa Rica Developments, International Relations, tagged Investment, Jaco, Puntarenas, World Bank on October 10, 2008 | 2 Comments »
Export Free Zones
Posted in Costa Rican Law, tagged Doing Business in Costa Rica, Free Zones, Investment on July 21, 2008 | Leave a Comment »
Export Free Zones are the mainstay of Costa Rica’s export and investment strategy. The Free Zones are, by definition, areas of extra-territoriality for customs and fiscal purposes. These facilities are created specifically to receive imported inputs or raw materials that are manufactured, assembled or marketed as products or services and subsequently re-exported.
Ease of operation, fiscal [...]
Costa Rica – The Perfect Investment Climate?
Posted in Costa Rica Developments, tagged Development, Economy, Investment on July 14, 2008 | Leave a Comment »
As mentioned in a previous post, the World Economic Forum designated Costa Rica as Latin America’s most competitive tourism destination in 2007. This ranking is borne out as developments such as the Mandarin Oriental and the Cacique Resort are proposed and built in ever-growing numbers.
Costa Rica also led the rankings for Central American Countries of [...]
Foreign Investment in Latin America Reached Record High in 2007
Posted in International Relations, tagged Economy, Finance, Investment on June 9, 2008 | Leave a Comment »
The United Nations Economic Commission for Latin America and the Caribbean reports that foreign investment in Latin America and the Caribbean reached a record high in 2007, with capital flow into the region surpassing the US$100 billion mark for the first time ever.
ECLAC attributes the nearly US$106 billion in foreign direct investment to economic growth [...]
Best Western, Western Union Expand Operations in Costa Rica
Posted in Tourism, tagged hotels, Investment, Western Union on June 5, 2008 | 1 Comment »
The international Best Western hotel chain has reached an agreement with the Paraíso Carlisa hotel in Puriscal, part of the province of San Jose.
The Paraíso Carlisa, located about 30 miles from the popular beach towns of Quepos and Manuel Antonio, is an eco-resort with 20 bungalows nestled in 2.5 acres of primary and secondary forest [...]