U.S. – Costa Rica Relations

Becky Lam — Mon, 28 Apr 2008 22:54:37 +0000

The United States and Costa Rica have shared close and peaceful relations for much of the past. Both countries have benefited from a friendly rapport, furthering the appeal of foreign investment into thriving industries, such as real estate development and agricultural production. According to a January 2008 report by the U.S. Department of State, nearly two-thirds of foreign investment in Costa Rica comes from the U.S. Not surprisingly then, the U.S. also accounts for roughly half of all the country’s exports, imports, and tourism. The Costa Rican economy relies on the U.S. as its most important trading partner.

Besides having strong economical ties, political and social principles held by both countries also resonate with one another. By maintaining democratic institutions through its political system, Costa Rica has long emphasized the importance of human rights, free trade, and environmental preservation, which are widely held values in the U.S. as well. Costa Rica was ranked fourth among Latin American countries in terms of the 2007 Human Development Index (HDI). Along with education and literacy, the HDI takes into account life expectancy, standard of living, and GDP per capita to measure the well-being of a nation’s people.

Factoring the importance of a stable economy, healthy population, and positive political relationship, it’s no wonder markets like real estate and coffee farming in Costa Rica are flourishing. As a developing country, Costa Rica is a nation near in proximity, high in progress, and promising for American investors and visitor alike.

Costa Rica Real Estate Investment » U.S.

U.S. – Costa Rica Relations