Strength of Foreign Currency Good for Costa Rica Buyers
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Rarely do we think about how currency exchange rates affect our daily purchases. Even though the USD has lost around 11% globally over the past six months, it remains at near record strength (580CRC - 1$) in Costa Rica. The fluctuation of the US Dollar has a real impact for buyers of big-ticket investments like Costa Rica real estate. The largest beneficiaries of the recent currency moves are Canadians and Europeans whose currencies have recently experienced dramatic gains against the USD.
The broad appeal of Costa Rica continues to keep the real estate market stable, which is confusing... continue reading >>New Highway in Costa Rica Brings Investment Opportunity
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Much has been reported about the “new highway” that runs between the port/beach town of Caldera on the Central Pacific coast and Costa Rica’s capital city San José. In fact, it has been somewhat of a running joke for 30 years among folks that live in the areas involved, and especially for those of us who work in real estate. After going through decades of tangled bureaucracy, the highway project concession was granted in 2007 to the Spanish construction firm Autopistas Del Sol, and the progress has been staggering.
The advancement of the new highway is evident... continue reading >>
Costa Rica Environmental Investments
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Anyone who has done basic research on Costa Rica knows that the country is a world leader in the green revolution. With over 25% of the land preserved and 95% of the electricity produced with renewable resources, this famously peaceful democracy has been recently voted the “greenest and happiest” nation on Earth by the independent organization New Economics Foundation. As a politically and economically stable “developing” country, Costa Rica may be one of the safest and most opportune countries to invest in.
Costa Rica’s government, committed to becoming carbon neutral by 2021, has launched very attractive incentives... continue reading >>
Costa Rica Real Estate Investing
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As the U.S. real estate market continues its decline, more Americans are looking for safer investments in popular offshore locations like Costa Rica. Costa Rica, known for its ecotourism and environmental purity, is now booming with sustainable developments. Until recently, exotic real estate has typically been considered exclusively for experienced investors. The newly released book Real Estate Investing Guide – Costa Rica provides a fresh resource for the average person to learn to purchase, finance, develop, and invest in Costa Rica real estate.
In 2006, author Jeffrey Hickcox, recognized the deteriorating market conditions... continue reading >>
Costa Rica Named "Greenest and Happiest" Nation in the World
Costa Rica has been recently winning many global accolades and recognition. Already this year, Costa Rica was ranked the 8th Most Stable Country in the world by The Economist, the 5th Cleanest Country in the world by Yale’s Environmental Performance Index (EPI), the first country to be designated a “BioGem” by the Natural Resource Defense Counsel. Now, Costa Rica has been recognized as the “Greenest and Happiest” country on the Planet by the British independent research group New Economics Foundation.
Economist Ranks Costa Rica 8th Most Stable Country
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Costa Rica ranked the 8th most stable country in the world ! A March 2009 study by The Economist (magazine) Intelligence Unit in collaboration with George Mason University has identified the most politically and economically stable countries amid the global economic meltdown. Using 17 measures that encompass social structures, economic statistics, political structure and history, the report was formed from a comprehensive study of 164 countries.
Top 10 Most Stable Countries:
NorwayDenmark
Canada
Sweden
Finland
Switzerland
Mauritius
Costa Rica
New Zealand
Luxembourg
Other notable rankings include; USA is 56th, Nicaragua is 77th, Mexico is 87th,... continue reading >>
Invest in Costa Rica
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Real estate investing has become an enormous business all across the world. Millions of people have built small and large fortunes investing and developing real estate. Although most people do not consider themselves to be real estate investors, they still consider their personal residence or vacation home to be an investment. Therefore, it is of utmost importance for all buyers of real estate to understand investment fundamentals of their markets in order to help determine the true value of their purchase.
The recent credit crisis in North America has affected the fundamentals of real estate investing in the United... continue reading >>
Wall Street Legend Interviewed About Costa Rica
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Scott Oliver, author of How to Buy Costa Rica Real Estate Without Losing Your Camisa and Founder of WeLoveCostaRica.com, interviews Wall Street legend Henry Kaufman about Costa Rica real estate investing. Mr. Kaufman is developing retirement communities in Santa Ana Costa Rica.
Kaufman claims that investing in Costa Rica real estate is currently more advantageous than in the United States. He says blatantly that he is genuinely nervous about the state of the US economy.
Watch this very informative video interview here.
... continue reading >>