Currently, Costa Rica has free trade agreements in force with Mexico, Canada, Chile, Dominican Republic, Trinidad and Tobago, Panama, the CARICOM countries and China. It has also signed free trade agreements with Singapore, Peru and the European Union. The first two await legislative ratification and the EU is under review prior to signing Costa Rica is an active member of the World Trade Organization.
Costa Rica is one of the most consolidated democracies of America. It is the only Latin American country included in the list of the 22 oldest democracies in the world. The land of "Pura Vida" on a form of harmonious and happy life, is actually a very philosophical notion that lifestyle stands that carry the "Ticos" (as they call themselves). It is called this majestic country Switzerland of America.
The primary objective of trade policy in Costa Rica is to promote, facilitate and consolidate the country's integration into the international economy. To do this, in the last decade the country has implemented a series of axes that guide and lend consistency to the national policy in the quest for greater presence in world markets, including participation in the multilateral system, promoting integration regional, negotiations of free trade and investment agreement and a greater openness of the economy.
10 Reasons for investing in Costa Rica:
1. There are currently more than 200 multinational companies operating in Costa Rica
2. The country has a young workforce, exceptionally talented and bilingual. On average 95% of employees of multinational companies are local.
3. Costa Rica is a platform for preferential access to 1/3 of the world's population and 2/3 of global GDP. 90% of exports of goods through free trade agreements.
4. Excellent business climate based on a recognized tradition of democracy, economic and political stability.
5. Strong infrastructure. 93% of energy is renewable. redundant telecommunications access.
6. The quality of life in Costa Rica is high. It is the safest country in Latin America, and one of the 5 countries with the best environmental performance worldwide.
7. The country does not impose limitations on transfers of capital funds associated with an investment, regardless of the currency
8. Do not apply any restriction on re-investment or repatriation of profits, royalties or capital.
9. There is no requirement to register investments to any government authorities.
10. Costa Rica has achieved international standards of protection for intellectual property rights (IPR its acronym in English)
