A great doing business climate attracts foreign investment to Costa Rica

Costa Rica is positioning itself more and more in the world as an attractive country forinvestment, business and tourism.

Just today the President of China, Hu Jintao, congratulated the Costa Rican President Laura Chinchilla for five years of diplomatic relations this month. During that time, both countries have cooperated between each other in the areas of economy, business, politics, education and technology.

In addition, Costa Rica is the second largest business partner of China in Central America, reason by which both countries started a free trade agreement in April of last year.

But it is not only China who has intensified its relationship with Costa Rica. In recent weeks, Chinchilla made a tour across Europe, in countries such as France, Germany, Italy and Switzerland.

During the tour, she tried to establish a cooperation agreement of $1.6 million with the United Nations Organization for food and agriculture. The money will be used to developagriculture with technology that reduces climate impact, as well as tools for the marketing of small farmers.

In conversations with German Chancellor Angela Merkel and President Joachim Guack, agreed Chinchilla strengthening relations and establishing an agreement that would eliminate tariffs for exports and imports, as well as other benefits for bilateral trade.

More foreigners are investing in Costa Rica, for example, Figures of the entrepreneurs Association of Colombia in Costa Rica, indicate that investments have turn out to be, between 2010 and 2012, $3.4 billion. Altogether, the Colombian companies already control 15 percent of the bank credit in Costa Rica, as well as 10 per cent of the banana sector and about 30 percent of the business of the paintings. And the business of coffee has not left behind.

In Costa Rica County Group invested $17 million in the construction of an office building in the area of San Pedro of Montes de Oca, San José. The construction, which began 10 months ago, is already finished and is now in the stage of sale of offices. The project is called County Oficentro San Pedro and has shops, restaurants, cafes and a bank branch.

According to the Coalition’s initiatives for development, CINDE, foreign directinvestment in Costa Rica will grow 7 percent this year. Achieve growth; reach the goal set by the Central Bank of Costa Rica of $2.25 billion. In 2011, foreign investment reached $2.1 billion for the dynamic way in area export processing zones and tourism.

Costa Rica Real Estate | Costa Developers