Each year, Costa Rica attracts a growing number of tourists, first-world immigrants, and multinational corporations. And it’s no wonder.
This small democratic nation boasts what is perhaps the most stable government in Latin America, as well as a thriving, diversified economy and, surprisingly, one of the highest literacy rates in all of America.
Add to this list the fact that its beautiful natural resources, including two pristine coastlines, a dozen active volcanoes, and lush rainforest, are just two-and-a-half hours from Miami International Airport and you can understand why Costa Rica seems to be on everyone’s travel itinerary.
For the past few years, many Latin American economies have been growing at record rates.
Immigrants from North America and Europe are no longer limited to the passive retiree. People are buying second homes and investing in real estate.
And while there has been much growth in the real-estate sector, the boom is just beginning.
Here is a recap of the main driving factors behind the recent surge:
Proximity to North America.
Relatively inexpensive land.
Lower cost of living.
Welcoming the local population.
Significant percentage of English-speaking locals.
Safety and Security – Costa Rica is not a target for terrorism.
No threat from hurricanes.
Very comfortable climate.
History and Culture.
Values and Lifestyle.
Opportunities to successfully contribute to local communities via social work, donation, and other forms of support.
Growing economies provide an abundance of business and investment opportunities