If you have ever purchased a car, house, property, or business in Costa Rica chances are you have been involved in an Sociedad Anonimous (S.A.). Basically here in Costa Rica it is just a corporation like in the United States used for dealing with business.
The S.A. has become the main way of doing business and almost everyone in the country has at least one if not more. The government looks to pass a new bill that would tax every S.A. in the country $200 per year. This is a sm
all amount but with the number of S.A.’s that exist this could be a nice boost to government spending.
The $200 extra dollars a year from each S.A. is a tax that the government plans to use to boost security in and around the country. The security has taken giant leeps in the last couple of years with more police, cameras in cities, and an improving legal system.
So for anyone thinking of doing Real Estate do not get alarmed a small $200 fee each year if you decide to do your business in an S.A. will go to a very good cause.
Guanacaste is the spot that has seem to put Costa Rica on the real estate map in the last decade. Through tough economic times and a number of other worldly test it seems Guanacaste is not settling down and the most obvious sign would have to be a $27million dollar expansion to the Liberia Airport.
A good sign for the
Guanacaste area because this means the 900 passengers that fit in the airport before will now fit 1500 and even some room for a coffee shop and food court.
From looking at this from a real estate perspective it can only mean good things to come. If the infrastructure is improving starting with the airport and roads which are all pretty much improvements of the past then the sky is the limit for those that want to invest and give this “gold coast” a try.
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It is not all about soccer here in Costa Rica. If you visit La Sabana park on a Saturday or Sunday you will notice that Costa Rican‘s are open to almost any type of organized sport. The La Sabana park has everything from basketball, gymnastics, boxing, speed skating, and much more. Costa Rica in the recent months is home to two athletes that have not only put themselves on the map but are making a name for Costa Rica in sports other than soccer.
If you have not heard the names already they are a young man named Nery Brenes and a 27 year old women from Limon named Hanna Gabriel. Nery is Costa Rica’s fastest person being a track and field dominance on an international level. Hanna is one girl who you do not want to get in road rage with or a bar fight. She is Costa Rica’s world championship boxer and she surely fits the profile.
Hanna Gabriel
Hanna Gabriel comes from a family of athletes. Her father is a promoter of boxing and she only got into boxing to try and lose some weight and she ended up being the world champ. Her brother plays in Costa Rica’s professional soccer league. She holds a record of 11 wins and 1 tie. Her weight clase has here competing at around 155lbs. They are starting to televise here fights on TV here in Costa Rica and it is quite the treat to watch this women fight. She looks as if she is in perfect shape and is a very beautiful young lady who might have a career in modeling after she finishes punching people in the face.
Nery Brenes
Nery Brenes is a 25 year old also from the province of Limon who competes on the international level of track in field running the 400 mts which is one of the most competitive events on the planet. Nery‘s running has taken him on a tour around the world visiting Germany, Puerto Rico, Japan, China, Spain, and many more on the list to come. He has won gold on numerous events and has the Olympics in sight to run with the world’s fastest.
With many young Costa Rican’s and a country that enjoys staying active you can be assu
re that many more athletes will be making big news from Costa Rica in the future and remember don’t just focus on the soccer ball there are many more sports that can put these young Costa Rican’s on center stage.
Properties in Costa Rica
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With two very important visitors from Japan this week celebrating the 75th anniversary of good relations between Costa Rica and Japan there is much to celebrate about. The visitors are Prince Akishino and his wife Princess Kiko. Japan had done a lot in recent years for Costa Rica and it looks as if they do not plan on slowing down.
Japanese Contributions to Costa Rica
Three reasons for celebration were mentioned and environmentalist I have a feeling where celebrating also. The first reason was a $9 million dollar agreement with Costa Rica’s Institute of Electricity for a
project on solar power. Let’s not forget that Costa Rica still plans to
be the first carbon neutral country by it’s 200th year anniversary 2021. The second w
as an $8 million dollar boost to work on preserving more forest areas. Last but not least which I can imagine will only help the future of
Costa Rican real estate and just overall development of the country is a $130 million dollars for the Central Valley sewer project.
There are a number of other things the Japanese have helped with in recent years but these were some of the big contributions that will surely leave a positive impact on all of Costa Rica for years to come. All of these just give more
reasons to invest in Costa Rica.
Properties in Costa Rica
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The numbers are in and as some might not believe according to the TicoTimes Costa Rica set a record in 2010 to the number of tourist arriving to Costa Rica. The number was over 2 million tourist. This is great news for the Costa Rican economy and also something everyone interested in Real Estate wants to hear.
This is an exceptional amount of tourist considering the economic crisis of 2009. This is a great sign for
Costa Rica Real Estate because as most of you know the more people that come to see Costa Rica the more will want to
buy real estate. Also to have this many visitors or people that find an interest in Costa Rica for whatever the reason might be is going to help property value hold firm.
This is an excellent sign for anyone in business in Costa Rica not just real estate. It surely means a lot for those people that work in
Costa Rica tourism industry also but you can be in any business and be glad that there are positive numbers of Tourist arriving in Costa Rica .
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The holidays are coming to an end and Costa Rica is one of the best of taking time off, celebrating the break, and bringing in the New Year. If you are from Costa Rica chances are you might have spent the Christmas holiday in your homes with your family and then made a trip to the beach for New Years to enjoy some of Costa Rica’s natural beauties.
Some might ask each other what the New Year of Costa Rica might bring to the economy. I happen to spend the New Year in the town of
Tamarindo and looking at it from a tourist point of view the place was happening, hotels were full, and people were spending. I then came back to the town of Heredia to see the new expansion on the mall of Paseo de las Flores. For those of you that are familiar with the mall Multiplaza in Escazu well Paseo de las Flores in Heredia is doing everything it can to stay right with it as Costa Rica’s top malls. I found everything from Kenneth Cole to Nautica shops in a town that just a few years ago all it had was a central market. The money here in Costa Rica is making it’s rounds and it could be a very positive economic year for the Costa Rican economy.
Costa Rica Real Estate 2011
With the Real Estate industry I feel that good things are to come. All of these signs of more tourist, more people spending, and an already rise out of the recession at the end of 2010 should be a good indicator that 2011 has some good things to bring in the market.
From the company of Properties in Costa Rica we wish everyone a very Blessed New Year!
www.propertiesincostarica.com info@propertiesincostarica.com
Toll Free: 1-888-607-6772
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Many of us watched the opening ceremonies to the new stadium in San Jose which much anticipation of seeing the most decorated soccer player on all the planet. Lionel Messi from Argentina and his national team were invited for a friendship game in San Jose in the new stadium against Costa Rica’s “La Sele”. To the surprise of many Messi did not even play in the game but spent his time on the bench watching the second string team of Argentina battle for a 0 – 0 tie game against Costa Rica.
Why did Messi not Play?
I am not your average sports daily writer but with the buzz around Costa Rica of why Messi did not play I thought I would break it down to simple economics. If you were watching the game you noticed before the game even started that there were commercials for “Real Madrid vs. Barcelona” which is a very important game that is being played in Spain next week. Unless you live on Mars you probably know that Messi plays for Barcelona and Barcelona pays Messi a lot of money. Just to give you an idea of why Messi did not even for a second consider playing you might want to take a look at these numbers of what he was making during that game for sitting on the bench.
Barcelona Pays Messi:
Daily Pay: $49,600
Hourly Pay: $6,204
Paid per Minute: $102
This is what we call a serious investment and by Messi not playing Barcelona was just protecting their investment like any good business would do. It is unfortunate that we did not see Messi play against “La Sele” but when you deal on the professional level as Messi does you have to realize that: professional is defined as – engaged in a specific activity as one’s main paid occupation rather than a pastime.
Don’t worry thought I think Costa Rica will beat Argentina in the next world cup in Brazil and I am sure Messi will play then.
You might know that one of peoples first question is when is the best time to visit Costa Rica. If you are shopping for real estate in Costa Rica you will want to come see it during it’s best moments and on that note you also might be interested in what your property looks like in the so called rainy season of Costa Rica.
Here in the tropics you will have a pretty solid dry season from January to April and then after those months you are looking at a 2 hour shower in the afternoon. The heavy rainy months are during September and October.
These rainy months can vary depending on what part of the country you are looking at. The
Guanacaste area as become one of the more popular areas because of it’s lack of rain. This gave everyone the idea of beautiful beaches and lots of sunshine.
In recent years though with the construction of the new highway and the improvement of the coastal highway many investors have decided to make the
central and southern zone down by Dominical their area of searching for real estate. You might get a few more inches of rain a year but having evergreen plants as compared to deciduous plants of the Guanacaste area is worth to many the sacrifice of just a few less days of sunshine throughout the year.
If you are interested in shopping for Real Estate just let us know and we will try and give you the best idea of the many different micro-climates of Costa Rica and it’s tropical weather. All in all what you hear most is that Costa Rica is the eternal spring and if you are coming for a
Costa Rica family vacation or to shop for some real estate the enternal spring is hard to beat.
Many people often wonder what it would be like to live in a different country. I have lived in Costa Rica for 10 years and my parents retired down here to live in Costa Rica around 4 years ago. One of the main things people come looking for when moving to Costa Rica is the lifestyle.
This lifestyle includes a few different things. The first for my retired parents was the weather and tempature. They are located at around 6,000ft with beautiful mountain air of mid 60’s all year round. YES, ALL YEAR! That was the selling point. My parents are from the New York area and as most know it gets cold there. They then moved down to Florida and to make up for not getting very cold it gets blistering hot in FL. What they found here in Costa Rica is that being this low in the tropics at around 9 degrees above the equator the tempature only fluctuates between 2 degrees all year.
The second big selling point for myself and my parents is that anything and everything is close. If you want a capital city to go to the theatre, a beach to relax in the sun, or a mountain cabin to enjoy the cool fresh air. All of these can be within 1 hour of each other. The country lends itself to living the way you want to live. If you want to live in a community that will take care of all your house needs you can now find that.
With this blog entry I could literally talk for hours about the many positive benefits of living in Costa Rica. You might see every once in awhile that somebody is complaining about something that happened in this laid back culture but all and all more people are happy with Costa Rica which means more people will be moving down. I like to see this that even if the Costa Rican lifestyle is not for you atleast you made a good investment if you decide to buy some land.
What are some of your favorite parts about living in Costa Rica?
Properties in Costa Rica
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Toll Free: 1-888-607-6772
by Joshua Kanter
In the British magazine of “Foreign Direct Investment” it listed San Jose as one of the top five cities of the future, making it the only city from Central America to make the top five. This was based on which cities they felt had the best opportunity for business expansion, economic development, and inward investment.
This study was based on a total of 405 cities from the America’s. The top cities were New York and Chicago and Mexico has four cities in the top 10. The cities of Alajuela, Heredia, and Santa Ana (suburbs of San Jose) were also high on the list for being what is called the top Micro-cities. The micro-city is referring to smaller populations.
This is a positive compliment for the city of San Jose that each day it begins to look more and more like a capital city that people from all over the world are starting to discover.
Toll Free: 1-888-607-6772
If you have ever purchased a car, house, property, or business in Costa Rica chances are you have been involved in an Sociedad Anonimous (S.A.). Basically here in Costa Rica it is just a corporation like in the United States used for dealing with business.
