Best Countries for Business ,Costa Rica
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Best Countries for Business ,Costa Rica

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Costa Rica's basically stable economy depends on tourism, agriculture, and electronics exports. Exports have become more diversified in the past 10 years due to the growth of the high-tech ...

Costa Rica's basically stable economy depends on tourism, agriculture, and electronics exports. Exports have become more diversified in the past 10 years due to the growth of the high-tech manufacturing sector, which is dominated by the microprocessor industry. Tourism continues to bring in foreign exchange, as Costa Rica's impressive biodiversity makes it a key destination for ecotourism. Foreign investors remain attracted by the country's political stability and high education levels, as well as the fiscal incentives offered in the free-trade zones. Costa Rica has attracted the second largest amount of foreign direct investment in Latin America. Poverty has remained around 20% for nearly 20 years, and the strong social safety net that had been put into place by the government has eroded due to increased financial constraints on government expenditures. Immigration from Nicaragua has increasingly become a concern for the government. The estimated 300,000-500,000 Nicaraguans estimated to be in Costa Rica legally and illegally are an important source of - mostly unskilled - labor, but also place heavy demands on the social welfare system. The government continues to grapple with its large internal and external deficits and sizable internal debt. Reducing inflation remains a difficult problem because of rising import prices, labor market rigidities, and fiscal deficits, though lower oil prices will decrease upward pressures. The Central Bank is moving towards a more flexible exchange rate system to focus on inflation targeting by 2010. The US-Central American Free Trade Agreement (CAFTA) will enter into force in January 2009, after significant delays within the Costa Rican legislature. Nevertheless, economic growth will slow in 2009 as the global slowdown reduces export demand and invesment inflows.
Costa Rica Ranked 5th Cleanest Globally
On the Environmental Protection Index (EPI) developed by Columbia and Yale Universities, Costa Rica has been ranked #5 worldwide, best in the Americas and far ahead of the US. Costa Rica was bested only by famously clean European countries like Switzerland, Norway, and Sweden. Costa Rica even placed ahead of pristine New Zealand. The U.S., once a leader in environmental protection, failed to keep pace. Its overall EPI score of 81 puts it in 39th place on the list.
With a per capita income $11,600, far below the developed countries that dominated the top ten, Costa Rica accomplished more than any other country globally on a cleanliness-per-dollar basis. Its strong ranking was thanks to its high percentage of permanently protected lands, ongoing reforestation, clean air except in its capital, and its fight against global warming. Costa Rica also has very strict environmental regulations, including those on new real estate development.

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    Best Countries for Business ,Costa Rica Best Countries for Business ,Costa Rica Document Transcript

    • P ho t o a re a FOR SALE CALA DEL SOL Business PLAYAS DEL COCO , COSTA RICA Opportunity On the Costa Rica Market Are a fo r m a p , s e co nd a ry p ho t o o r s c he m a t ic c o nt a c t info rm a t io n R o na ld Um a na Co m m e rc ia l R e a l E s ta te Co ns ult a nt E s c a zu ,S a n Jo s e Co s t a R ic a www.na ic o s ta ric a .c o m Ce ll 506-8878-9988 t e l 506-22287760 fa x 506-22287753 The information contained herein has been given to us by the owner of the property or other sources rum a na @na ic o s ta ric a .c o m we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.
    • P ho t o a re a Location The property is located Cala del Sol, Ocotal approximately 25 minutes west of the Liberia airport COSTA RICA and 5 kilometers south of Playa del Coco in Ocotal. Over 80% of the established lots have spectacular views of Ocotal Bay and the Pacific Ocean. The roads to the property are paved asphalt all the way Are a fo r m a p , from the Liberia airport to the entrance of the property. s e co nd a ry The total project area is approximately p ho t o o r 82 acres. There is approximately 55 acres of titled property and 27 s che m a t ic acres of concession property. Ronald Umana Commercial Real Estate Consultant Escazu ,San Jose Costa Rica www.naicostarica.com Cell 506-8878-9988 tel 506-22287760 The information contained herein has been given to us by the owner of the property or other sources fax 506-22287753 we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. rumana@naicostarica.com
    • Tittle Property Cala del Sol Costa Rica TITLE PROPERTY We certify all property to be free of liens or encumbrances of any kind. The overall size of the titled property as surveyed in July 2006 is 22 ha 0506M2. The project is registered in the National Registry as 19 different pieces of property each one P ho to a re a being in excess of 5,000 square meters and each one owned by its own Costa Rican corporation. This was done for several reasons. At the time of registration their size qualified them as “finca” or agricultural parcels and eliminated the need for environmental study. This also offered some tax consequence advantages if the lots were sold individually for a secured gated luxury community. Every one of these lots has been registered in the National Registry in separate Costa Rican Corporation names for liability and tax consequence reasons. Ronald Umana Commercial Real Estate Consultant Escazu ,San Jose Costa Rica www.naicostarica.com Cell 506-8878-9988 tel 506-22287760 fax 506-22287753 The information contained herein has been given to us by the owner of the property or other sources rumana@naicostarica.com we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.
    • Master Plan Cala del Sol Costa Rica MASTER LAYOUT MAP Although we have a master layout of the property and have conceptual ideas of what could be developed on the property our actual plan and construction permit applications have been limited to the development of Lot 19 If a decision was made to convert P ho to a re a to a total condominium project the titled property could easily accommodate approximately 350 condominiums. The well with the planned water holding tanks could sufficiently supply the needs of this many condominiums without any problems. The sewage treatment was planned with servicing the needs of the entire project. And the electrification requirements will be adequately met with the transformers that are already installed. Ronald Umana Commercial Real Estate Consultant Escazu ,San Jose Costa Rica www.naicostarica.com Cell 506-8878-9988 tel 506-22287760 fax 506-22287753 The information contained herein has been given to us by the owner of the property or other sources rumana@naicostarica.com we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.
    • Water Cala del Sol Costa Rica Water WATER Our underground well water source comes from a small parcel of land that we own that P ho to a re a is remote from the property. The well produces 4 liters of water per second which will adequately supply the needs for the property. The tubing is in place from the well to the large 65,000 gallon water tank on lot 18 next to the proposed tennis court site. Additionally we have plans to construction two additional 50,000 gallon tanks next to the Amarabi building sites on Lot 19. We also have plans to contruct another 50,000 gallon tank next to lot number 9 that will furnish water to the highest elevations. The tubing has already been laid to both of these areas where the tanks are to be located. In September 2004 MINAE granted to PLAYA GRINGO G.B.P.I. S.A. a water exploitation concession. Ronald Umana Commercial Real Estate Consultant Escazu ,San Jose Costa Rica www.naicostarica.com Cell 506-8878-9988 tel 506-22287760 The information contained herein has been given to us by the owner of the property or other sources fax 506-22287753 we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. rumana@naicostarica.com
    • Project For Sale Price Details Price: $20.000.000 Terms: Cash Will Exchange: No Lots 1 through 12 were originally created for building single residential dwellings but are not necessarily limited to this purpose. Lot 13 (King of the Mountain) has breath taking 360 views and was designed to allow installation of its own private security gate to permit entry solely by the owner/owners of this P ho to a re a most spectacular lot. The footprint is extremely large and suitable for a very large villa and pool. This lot could also be used for multiple large million dollar luxury condos or townhouses. Lot 14 has 2 building pads which provide adequate room for the construction of 6 to 8 condo’s units. All of the above lots have superb ocean views as well as valley views. Lots 15 and 16 are valley view only and were created with single residential dwellings in mind. Lot 17 has 2 separate building pads. Land Detail The lower one was created for a helicopter landing pad while Land Area: 82 acres (subject to survey) the upper one was planned for a Dimensions: Irregular swimming pool and exercise facilities. Lot 18 includes the secured entrance way, a security guard Water: 10” city water and well office, a small sales office, large water Sanitary: 8” sanitation @ building holding tank and the proposed tennis Storm: 12” storm @ buildin court area. Electric: First Energy Lot 19 is the largest of all lots with several building sites and Interior electric parking area sites which have been zoned commercial and designated for condominium construction. BUILDING PLANS & PERMITS (LOT 19 ONLY) We have building plans for the construction of three buildings (57 condo units) The plans have been approved by the College of Engineers, INVU and the Municipality of Carrillo. The permits are in the final stages of being issued. The environmental study enabling construction has been approved by Setena and the deposit required for this has been paid. Ronald Umana Commercial Real Estate Consultant Escazu ,San Jose Costa Rica www.naicostarica.com Cell 506-8878-9988 The information contained herein has been given to us by the owner of the property or other sources tel 506-22287760 we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All fax 506-22287753 information should be verified prior to purchase or lease. rumana@naicostarica.com
    • Additional Information Cala del Sol Costa Rica P ho to a re a ADDITIONAL WATER SOURCE: ELECTRIFICATION For Sale To insure that we have a back up The electrical service source of water on July 19, 2006 leading up to we have paid a 50% deposit to the property is supplied A y A for 60 connections to the via power lines above ground. new water system be brought Once the service starts into this area. up the concrete road . they become underground SEWAGE TREATMENT PLANT and will continue to be We have the drawings completed underground from this point on and health department approval . We have electrical service to build the sewage treatment with transformers installed plan necessary for. in the area where condominiums are scheduled to be built Ronald Umana Commercial Real Estate Consultant Escazu ,San Jose Costa Rica www.naicostarica.com Cell 506-8878-9988 tel 506-22287760 The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All fax 506-22287753 information should be verified prior to purchase or lease. rumana@naicostarica.com
    • P ho to a re a CONCESSION PROPERTY For Sale The entire maritime area adjacent to the title property as surveyed in July 2006 Prime Location measured 11 ha 0351M2. A large portion of this maritime area has Guanacaste , Costa Rica been designated as a “forest area” and all of this lush vegetation must be preserved as it is today in its natural state of beauty. Several nature trails exist throughout the trees. The actual Ma p p la c e ho ld e r o r a d d it io na l pho to footprint of the concession building area is somewhat less than described above because of this “forest area”. The pristine beach fronting the maritime area is a light sandy color and accessible only through the titled property or by boat and cannot be reached by walking the shoreline. The southernmost point of the concession property contains 6 building areas that Ronald Umana have been proposed as restaurant and condo/hotel sites. Commercial Real Estate The northernmost point of the Consultant concession property has elevations Escazu ,San Jose high above the ocean with spectacular views suitable for single dwelling Costa Rica residences. There 14 areas that are www.naicostarica.com suitable as building sites for Cell 506-8878-9988 villas. tel 506-22287760 fax 506-22287753 rumana@naicostarica.com The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.