La Nacion, September 7, 2007
Costa Rica One of the Most Free Economies in Latin America
The annual 2007 report on Economic Freedom in the world rates Costa Rica number 30 in the world and third in Latin America behind only Chile and El Salvador. The study involved 141 counties all around the world. Hong Kong, New Zealand, Switzerland and the U.S. were at the top of the list. Costa Rica scored high in such areas as the size of the government, access to cash, freedom for international commerce and credit regulation. The highest mark was in the area of access of cash.
Costa Rica Is Listed as one of the Top Five Emerging Real Estate Markets For 2006!
The most successful real estate investors are well aware that one of the fundamental keys to building a successful property portfolio is the careful timing of market entry; therefore investors always seek to buy ahead of an emerging trend and often take a national or international perspective when looking for the next big thing in terms of real estate.
The CIA World Fact Book has recently begun listing Costa Rica as "a Central American success story" because the Costa Rican government have successfully established an economically and politically stable country in which more overseas investors are focusing their financial interests. Here is a quote:
In 2006, Costa Rica was one of five countries that stand head and shoulders above all other nations worldwide in terms of the potential their real estate markets present property investors.
According to the CIA report, the retiree and second home markets in Costa Rica are growing as is tourism interest and the country offers visitors and expatriates a stunning climate, an abundance of rare and beautiful flora and fauna, it is bordered by both the Caribbean Sea and the Pacific Ocean and the standard of living is both high and affordable.
The report continues that the real estate sector in Costa Rica offers investors an affordable platform and the Costa Rican government offer investors certain tax breaks and incentives to commit to the country.
The other four countries in the CIA World Fact Book are: Ghana - Located in West Africa; Malaysia; Qatar: and, Turkey