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- 1. COSTA RICA COSTA RICA A SMALL COUNTRY WITH HUGE vision
- 2. • 5 million people • 52.000 km2 • Two oceans • OECD member • No army since 1948 • Mid-income country • 99% literacy rate • Safest country in LATAM • Global leader in conservation COSTA RICA
- 3. OUR AIRFORCE
- 7. 24% Medical Devices 22% Knowledge- intensive services 8% Digital Technologies 4% Pineapple 4% Banana 3% Transformation Services 2% Other syrups & concentrates 2% Transportation Services 2% Coffee 1% Fruit Juices & concentrates 1% Palm oil 1% Electric cables 1% Tires 1% Electrical materials 1% Textiles & clothing 1% Bovine Meat 1% Antivenom 1% Iron or Steel bars 1% Sauces and preparations 1% Diapers Medicines Glass containers 0% 0% GOODS AND SERVICES EXPORTS
- 9. WHY COSTA RICA? 6 REASONS
- 10. WE ARE THE MOST STABLE COUNTRY IN LATIN AMERICA 1
- 11. PEACE EDUCATION HEALTHCARE • 75 years without army • Oldest democracy in Latin America • Most stable country in Latin America • 6,7% of GDP • Free and mandatory • 99% literacy rate • 7% of GDP • National coverage • Ranked best in Latin America
- 13. QUALIFIED HUMAN RESOURCES High productivity: #2 in pay and productivity in Latin America #1 country with the best universities in Central America. INA has 62 facilities nationwide, with over 2,200 people trained Education free and mandatory for boys and girls since 1870 More than 100 technical high schools and 63 universities
- 14. WE ARE WELL CONNECTED TO THE WORLD 3
- 15. LOCATION AGREEMENTS • Convenient time zone • 2 oceans with ports • Direct flights to main cities in USA and Europe • 60 million people Central America and Caribbean market Free Trade Agreements with +50 countries including US, EU and China • Bilateral Investment treaties with 16 countries • WTO MEMBER • OECD MEMBER
- 17. WE ARE CHAMPIONS OF THE EARTH 4
- 18. BUSINESS WITH PURPOSE CONSERVATION MITIGATION • 6,5% of the world biodiversity • +30% of the country territory is protected • 1st tropical country to reverse deforestation • Pioneer in conscious business • 99% electricity comes from renewable sources • Home to 1 of the 5 blue zones in the world • World’s first champion of the Earth (United Nations, 2019) PEOPLE | PROFIT | PLANET
- 20. MAIN INCENTIVES Income tax rates according to project type: 1. Manufacturing: • Regular project • Strategic sector outside GMA • Megaproject 2. Services, FTZ administrators, strategic suppliers, healthcare center services, sustainable adventure parks
- 21. • Free Zone regime in place since 1990 • Approved by WTO, OECD • Minimum investments required to obtain tax benefits start at $100.000 • Foreigners have same rights as locals TAX EXEMPTIONS • Corporate Income tax • Imports • VAT / Sales • Withholding tax • Local Government tax • Property transfer tax
- 22. WE HAVE TOP-CLASS SUPPORT FOR YOUR SOFTLANDING 6
- 23. GOVERNMENT OF COSTA RICA • Public Trade Policy • Free Trade Agreements • Trade facilitation • Investment support NATIONAL TRADE AND INVESTMENT AGENCY • Investment advisory • Soft-landing • After care • Productive linkages • Exports support • Compliance support Ranked Best in the World PRIVATE ECOSYSTEM World class firms • Legal • Accounting • Real Estate • Advisory • M&As State of the art business parks across the country Diverse suppliers' ecosystem
- 24. COUNTRY OF HOPE
- 27. VISIT COSTA RICA BUY FROM COSTA RICA INVEST IN COSTA RICA
- 28. aroman@procomer.com Commercial Director North Europe Alexander Roman A. Let´s talk!