Costa Rica Information
Costa Rica, the land of opportunities, has achieved a high standard of living compare with its Central American Neighbors. Because of its major economic resources such as its fertile land and frequent rainfall, educated populations and its adventure attractions, Costa Rica is becoming the center of commerce of all Central American Countries. People from all over the world are rapidly relocating to Costa Rica to live better and invest smarter. As one of the most exciting places in the world, Costa Rica has become the center of attention for its direct ocean access to the European and Asian Continents, and also for its national forest, often adjoining picturesque beaches, which has made the country a popular destination for affluent retires and eco-tourists.
Property Values are rapidly appreciating in value and therefore the real estate and land economy are growing day by day. Costa Rica has successfully attracted important investments by such companies as Intel Corporation, which employs nearly 2,000 people at its $300 million microprocessor plant; Proctor and Gamble, which employs nearly 1,000 people in its administrative center for the Western Hemisphere; and Hospira and Baxter Healthcare from the health care products industry.
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General Entry Requirements
Adults and children require a valid passport with an expiration date of greater that either 30 or 180 days, depending on the citizenship, from the date of entry to Costa Rica. Canadian and U.S. Citizens do not need a Visa to travel to Costa Rica, and can stay up to 90 days. |
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National Name: República de Costa Rica
President: Óscar Arias Sánchez (2006)
Land Area: 19,560 sq mi (50,660 sq km); Total Area: 19,730 sq mi (51,100 sq km) |
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Costa Rica Real Estate Regulations
General Information
Foreigners and Costa Rican citizens have equal rights under the law. In case the owner bought the land as part of a government program, the land can be traded or sold to foreigners only after the original owner has held it for certain period of time. Foreigners do not have to live in Costa Rica to own property here. Transactions may be conducted in U.S. dollars. |
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Costa Rica is known as a land of rain forest, volcanoes, waterfall, rivers and the most beautiful tropical country in Central America. Travelers can choose from variety of activities such as surfing, sport fishing, bungee jumping, kayaking, rafting, snorkeling and lots more. Tourist activities allow close relationship with nature, adventure and sports and recreation. |
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Costa Rica Geography
Costa Rica, the Central American country, lies between Nicaragua to the north, the Panama to the south east, the Caribbean Sea to the east and the Pacific Ocean to the south and west. The capital and also the largest city is San Jose. It has a narrow Pacific coastal region. Other important cities are Puntarenas, Alajuela, Heredia and Cartago. Cocos Island (10 sq mi; 26 sq km), about 300 mi (483 km) off the Pacific Coast, is under Costa Rican sovereignty. |
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