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Costa Rica Real Estate Market Shines

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Published on: 2012/04/20

Costa Rica Real Estate Market Shines as Third Best in the World 

International Living ranked Costa Rica in the Top 3 for best unrealized real estate markets in the world. More specifically they singled out the Southern Zone as a place to consider investing.

Manuel Antonio, Costa Rica Photos

Foreign Investment on the Rise

According to the Central Bank, Costa Rica received in the first three quarters of 2011 over 1.500 million dollars in foreign direct investment.

Compared to the same period of 2010, reflecting growth of approximately 52%, of which 27% corresponds to investment companies established in free zones.

In terms of employment generation in 2011, 7,728 new jobs were created and nearly 14,000 direct jobs throughout the economy.

The companies located in FTZs (free tax zones) accounted for 30% of total jobs generated by the private sector.

According to Vice President Luis Liberman, the Government will continues implifying procedures and speeding up infrastructure projects to continue to attract more investors.

via Foreign Investment on the Rise 

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