Europe’s Bargain Hotspots
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Investing In Costa Rica
Investing In Costa Rica
Costa Rica is an amazingly beautiful country, with a variety of landscapes. There is something to offer every lifestyle, from wave-breaking beaches to magnificent mountains.
Many of the countries best beaches are still clean and clear of over-development.
About three decades ago, this country decided to make a business of the foreign retiree.
The Costa Ricans invested in a formal and successful advertising campaign, targeting Americans primarily.
Tens of thousands of would-be retirees from the States took up the invitation and relocated to this beautiful land teeming with rainforests.
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The benefits were terrific: tax breaks, special retiree discounts, great weather, and, especially, the super-cheap cost both of living and of owning beachfront real estate.
Fast forward a couple of decades, and, thanks to investors and speculators, Costa Rica isn’t so cheap anymore, neither its cost of living nor its beachfront real estate.
Meantime, prices have risen dramatically and infrastructure hasn’t improved much at all.
According to the Central Bank of Costa Rica, Direct Foreign Investing in Costa Rica increased by US$747.10 million in the third quarter of 2023.
A total of 290 companies operate in Costa Rica under the Free Zone Regime. And, 199 of them chose the country to expand their operations.
Above all, Costa Rica has become the preferred location in Latin America for leading companies in the high-tech industry.
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Costa Rica - FAQs
What Are Costa Rica's Gun Laws?
In order to obtain a gun license in Costa Rica you must obtain permanent residency or citizenship. And, to import your guns, you have to submit an application with the Ministry of Public Security.
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What You Need To Know About Gun Laws In Central And South America
Gun laws vary in every country. It is important to understand that gun ownership is a privilege, not a right. Gun laws are strictly enforced, and draconian measures apply for anyone found with an unlicensed gun or ammunition. You can apply for a gun permit as a legal resident in Panama, Belize, Nicaragua, and Ecuador. You’ll be limited in each case as to the number of guns you can own and also restricted as to the types of weapons you can keep, but...
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