By Sacha Tarkovsky
If you?re the type of investor who?s interested in adventure and making a lot of money, then you should look into the low cost, big profit, little taxation (with government encouragement!) and sun, sea, sand and surf action of Costa Rica!
You can look into the service industry to the growing US population, or you can take advantage of the low costs and low taxation in land investment.
So what are the opportunities available?
More for your money
In this small business opportunity it is possible to reduce costs instantly by trading your current real estate for real estate in Costa Rica, which happens to be 70% less than real estate in the US.
Even better is the fact that you can also cut daily living expenses and the cost of utility bills by 70-80%! Really, it?s true. A three bedroom house can be purchased for around $60,000 and can live quite comfortably for around only $2,000 a month.
Business type?
With the increase in foreign investment and thus population, numerous business ventures are available in services, leisure and entertainment. Best of all is the fact that the growing population has the cash to spend.
A Trained workforce
Incredibly, it is possible to run any type of business successfully, and at reduced costs. that you could desire to the fact that Costa Rica has a highly trained work force that excels in communication as it invests 6.5 percent of its GDP to an educational system, that includes over 50 universities where English is taught as a second language. Real estate is cheap and attainable, while office rentals are also cheap and available.
Being able to deal either in the country of Costa Rica or export services makes the opportunities to be had quite endless!
Companies like Microsoft, Intel and Proctor and Gamble have taken notice of the gains to be had in Costa Rica and are relocating, making Costa Rica their new home. Following them are smaller businesses that provide services to them as well as their employees.
Tax Incestives
The Costa Rican government is highly interested in encouraging investment and as such have created a tax system that provides tax incentives to foreign companies.
For example service companies such as software development, computer services, customer care call centers and back office/shared service centers are apt to receive a 100 percent income tax exemption for the first eight years of doing business in Costa Rica and an additional four years at only a fifty percent rate!
Legal restrictions
It is possible to make money on your real estate while increasing your asset values due to the fact that the country is keen on low restrictions, and friendly labor regulations for foreign corporations owning property (even considering the property rise on average in the last ten years is 300%).
A growing economy
An economy that is growing, and has an influx of new residents with new cultures is bound to provide numerous opportunities for profit.
Getting in early, establishing yourself will result in a lead over the competition and ultimately more profit.
Let?s not forget the wonderful fact that Costa Rica is only three hours away from the US, thus visitors and investors alike are still able to partake in the comforts of home while still getting a taste for the exotic side.
With the population increasing ( by 2010 1,000,000 Americans are expected to be living in Costa Rica) there is ample opportunity to be servicing them.
You can be the one with the head start as the opportunities that exist at home are available in Costa Rica. From restaurants, to water sports to computer service companies
Being able to enjoy a beautiful landscape full of sun, sea, volcanoes, rainforest, entertainment and a happening nightlife you think would be enough, but it doesn?t stop there! You can take advantage of the cheap real estate, office space, low costs, lower taxation and the chance to be in a less competitive market place!
If you are the investor or small time business owner who has a sense of adventure, Costa Rica is the place that provides an incredible opportunity to do so! Costa Rica provides a chance for financial gain as well as personal profit and development.
Setting up your new business is easy
The government greatly encourages foreign businesses, and getting residency and a corporation running is straightforward.
If this is the adventure for you, you should not ignore the glories that Costa Rica has to offer.
