You can do some things in Costa Rica that you could not do in the US. Costa Rica is not a litigious society!
Costa Rica Prohibits Foreigners from Operating Charter Fishing Boats, You Must Partner With a Costa Rican or Operate through a Corporate Entity
With over 800 species of Birds, Opportunities exist for Bird Watching Tours
This retired Pan Am Pilot is now the largest breeder of Macaws in the World!
Advantages of Doing Business in Costa Rica <ul><li>Low Cost of Employees </li></ul><ul><li>Strong Economic Growth </li></ul><ul><li>Stable Currency vs the Dollar </li></ul><ul><li>Slower Pace, Less Stress </li></ul><ul><li>Friendly </li></ul><ul><li>New Opportunities under CAFTA </li></ul>
American Standard Baxter Healthcare Bristol Meyers Squibb Chevron Corporation (Worldwide Headquarters) Cisco Systems Citigroup Coca-Cola Colgate-Palmolive Computer Associates Dole Food Company Ernst & Young Global GE Hilton Hotels Intel Johnson & Johnson L.L. Bean Lucent Marriott Merck Company Microsoft Motorola Oracle Pfizer Philip Morris International Price Waterhouse Coopers Procter & Gamble Radisson Hotels Sony Music Entertainment The Gillette Company Tommy Hilfiger 3Com 3M Company Unisys (Corporate Headquarters) UPS (Corporate Headquarters) Western Union Well known US Companies doing business in Costa Rica
Taxes <ul><li>Costa Rica Corporate Tax Environment </li></ul><ul><li>For Corporate entities the following tax table prevails: </li></ul><ul><li>Gross income up to �$43,000 10% </li></ul><ul><li>Gross income up to �$86,500 20% </li></ul><ul><li>Gross income over �$86,500 30% </li></ul><ul><li>There is also a 13% “Sales Tax” which is levied on Hotels and Restaurants </li></ul>
Insurance in Costa Rica Full Coverage including liability, natural disasters, fire, flood, etc… Runs about 1% of declared value on property
Tree Farms Are Another Popular Investment in Costa Rica and the Government Gives Incentives to Expats – Including Easing Residency Restrictions
And Hotels. There is a Current Shortage of Hotel Rooms in Costa Rica and Demand Exceeds Supply, Making Room Rates High
Dreaming of Owning a Hotel? Here’s one for $950k plus a 3 bedroom 2 bath house.
Opportunities Also Exist in Real Estate Development, Investment and Services. Many Well Known US Real Estate Franchises are Now Opening Offices in Costa Rica. Remax, Century Twenty One and Coldwell Bank Have Multiple Offices in Costa Rica and are Adding More