Monday, March 5, 2012
Investment In Costa Rica
Costa Rica is one of the most beautiful, socialized and welfare country of Central America. It is situated to just south of Nicaragua and north of Panama. This country is different from other countries of Central America and even Latin America because of its natural beauty, stable economic system, social welfare system and parliamentary democracy. This area possesses some of the gorgeous sites, beautiful beaches, rain forests, wildlife, waterfalls, greenery areas, turning rivers etc. The period between 1950 to 1970 is said to be golden era in the history of Costa Rica. During this period there is a huge development in every field of life like trade, exports, agriculture etc. The export of coffee was increased by 3 times in that span. Other exported commodities are sugar, banana and meat. In that time the literacy rate of Costa Rica was about 90% and unemployment was only 5%. Now a day’s Costa Rica is converted into a profitable real estate business. Due to the arrival of large international hotel chains and concentration on tourism by the Costa Rican government, this area attracts large number of people from all over the world to come to CR for spending vacations. Costa Rica real estate agencies entertain them by offering different packages like rent a house, villas or condos and buying and selling of property in Costa Rica. Some people are shifted in this area for permanent settlement and many others just come for enjoying their holidays. Climate is divided into two different parts depending upon the elevation. The lowland areas have dry weather and temperature is around 26 Celsius and highland areas have foggy and misty weather and temperature is about 13 Celsius and main central valley has about 22 Celsius temperature. Costa Rica real estate agencies have their lots, villas and houses in all these areas to fulfill the requirement of their customers. Tourists enjoy fishing, boating, windsurfing and many other sports here in Costa Rica. Investment in this area increases day by day. This includes commercial real estate investment like building golf areas, motels, restaurants and buying and selling of property. People prefer investing in Costa Rica real estate because they get high out return on their investment. Similarly this area has low crime rate as compared to other parts of Central America and the residents of Costa Rica are kind and polite to everyone. At the end I would say if anyone has handsome amount of money and he want to invest in real estate business then he should invest in Costa Rica real estate and keep in contact with the Costa Rica real estate agencies for latest updates in this area regarding property issues and real estate.