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Follow on Google News | ![]() Costa Rica - even more business friendlyCosta Rica seeks to grow its economy through tourism and attracting business and foreign investment. They have introduced a number of business friendly initiatives making it even easier for companies to set up and do business in Costa Rica.
However Costa Rica is seeking to grow its economy not just through tourism but through high tech industry as well. Because of their very highly educated workforce (96% literacy and the country will spend 25% of the entire national budget on education in 2009), Costa Rica has already attracted huge multinational investment. Earlier this year the Costa Rican government introduced an accelerated capital depreciation scheme on all new assets purchased in 2009. This scheme was introduced to encourage companies to continue to invest and makes it tax efficient for them to do so (even with the current global economic doldrums). Costa Rica is using further initiatives to boost its international competitiveness and has recently introduced and online visa application process for skilled overseas workers. The online visa program aims to process overseas workers visas in a maximum of 10 days and the program has currently been rolled out on a trial basis to Intel, Erricson, t Menos and Surf Factory with an intention to have it open to all as soon as possible. Costa Rica Invest specialises in environmentally friendly, ethically responsible, high yield investments, primarily in Costa Rica. Finca Di Pacifico Dos is Costa Rica Invest's current project which gives the security of a teak investment combined with the potentially spectacular returns of development land banking in the no. 1 emerging economy in Central America - Costa Rica. With land prices projected to soar as demand from Baby Boomer retirees increase – this is an excellent opportunity to benefit from the increasing land prices with the additional security of teak growing on your land # # # Costa Rica Invest specialises in enironmentally friendly, ethically responsible, high yield investments, primarily in Costa Rica. Di Pacifico Dos is Costa Rica Invests current project investing in development land with the added value of teak trees. End
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