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on Purchasing Property in Costa Rica
Costa Rica at a Glance- Facts and Figures
Demonstrating an environmental sensitivity unparalleled elsewhere, Costa Ricans have set aside one quarter of their land as protected areas and national parks. Eco-tourists are rewarded with botanical and animal marvels found nowhere else on Earth. Although Costa Rica is best known as an invaluable refuge for nature, this small nation is also a haven of peace.
Costa Rica is the link in a chain of small nations that together comprise Central America. Along with the Caribbean and the Pacific, the country'sborders are defined by Nicaragua to the North and Panama to the South. Located at the nexus of two continents and two oceans, this confluence of land and water makes the region one of mother-nature's great bottlenecks. Here, geography constricts a breathtaking amount of plant and animal life within a modest 19,563 square miles (50,900 sq. km), an area comparable in size to Denmark or West Virginia. Within this diminutive nation is found an astonishing five percent of the world's biodiversity, including more than 800 species of ferns, 1,000 of orchids, 2,000 kinds of trees, and 200 species of mammals.
Demonstrating an environmental sensitivity unparalleled elsewhere, Costa Ricans have set aside one quarter of their land as protected areas and national parks. Eco-tourists are rewarded with botanical and animal marvels found nowhere else on Earth. Although Costa Rica is best known as an invaluable refuge for nature, this small nation is also a haven of peace.
Costa Rica is the link in a chain of small nations that together comprise Central America. Along with the Caribbean and the Pacific, the country's
Real Estate in Costa Rica
Costa Rica ranks fourth place in the world as an ideal environment for foreign investment. This is, in part because there are very few restrictions on foreigners owning land in Costa Rica. In fact, foreigners enjoy the same rights as Costa Ricans and thus do not require any special provision to purchase property or own real estate in Costa Rica. On a further interesting note, not even residence or presence in the country is required for land ownership.
Even more significant in investing in Costa Rica is the country's political stability and that a foreign investor has solid assurance of his real estate purchase, as Costa Rica has in place a safe system of title registration to protect buyers when purchasing real estate in Costa Rica. This property registry is located in the Registro de la Propiedad, where both title and survey documents for every property are recorded. Any change in the status of a title or any claim that might affect a property must be noted on the title registry page. Legal title and land status of a property is assured.
The legal tender of Costa Rica is the Costa Rican Colon, that is exchanging around 517CRC for 1US. Currency converter here. The American Dollar however is widely accepted.
Both Pacific and Caribbean coastlines of Costa Rica have an abundance of pristine and breath taking beaches making owning your own personal real estate a vista delight. Between the coasts, the interior of the country is shaped by four mountain ranges, which run from North to South with the capital, San Jose, resting roughly in the nation's center and settled within a highland valley. Cascading down to the Caribbean from the central mountains in the Limon Region are Costa Rica's many great rivers, including the Reventazon as well as rain forests that stretch right to the coastline, and to national parks and the wild life refuge . The Pacific side is marked by two broad peninsulas; the Nicoya and Osa Peninsula found within the North Puntarenas and South Puntarenas regions. These peninsula's hook out into the Pacific to provide even more white sandy beaches with awe inspiring ocean views and world renown surfing locations. In the most northerly region on Pacific side, at the top of the Nicoya Peninsula is the Guanacaste region which is host to what is commonly referred to as the Gold Coast, in a 37 mile strip of coast line with numerous developments and fine Hotel accommodations. More on Costa Rica.
And getting to Costa Rica is easy and with two international airports in San Jose and Liberia and one scheduled to be finished next year in Palmar Norte/Cortez; well getting where you want in Costa Rica whether it north, central or south, you can. The third international airport in conjunction with the upgrading of the highway that runs from Quepos to Domincal and Dominical to Palmar Norte will open much real estate opportunity in the southern Pacific Zone. Centrally, the upgrade on the road from San Jose to Jaco on the Pacific Coast has cut the 80 mile stretch drive down to just over an hour and a half. Airlines that service Costa Rica are American, Continental , United, Air Canada , Mexican and Taco Airlines. Flights to Costa Rica can take anywhere from 3 to 7 hours, with direct flights from Miami, Dallas, Houston, New Orleans San Antonio, San Jose (California), Los Angeles, San Francisco, Newark, New York, Washington Chicago, Denver, Toronto and Montreal.
Costa Rica is also recognized as an attractive place for medical opportunities further to its receptiveness to foreign investing. Medical costs here are inexpensive in comparison with the US and the medical care is of high quality. And medical staffs are mostly English speaking thus language barriers are not a problem. The word is out for in 2006, 150,000 foreigners sought medical care in Costa Rica.
Costa Rica's climate is renowned as an atmospheric treat with mild subtropical conditions year-round. Temperature varies mainly according to elevation: the higher the cooler. Costa Rica's rain falls mainly on the Caribbean coast, giving the Pacific a much more arid climate. See more.
Seven great reasons to invest in Costa Rica Real Estate?
1. Stable democratic Government; A country often called the “Switzerland of Central America”.
2. Stable Currency
3. Close Proximity to MajorU.S . Cities
4. Healthy Local Economy
5. Excellent Medical Care
6. No Ownership Restrictions
7. Excellent Lending Market
Well eight good reasons actually for "Coffee is king in Costa Rica"!
Over the next ten years Costa Rica has set to improve the more impoverished areas of Costa Rica by implementing a luxury tax. See more here. With an increase in housing standards, Costa Rica is set to be a leader in social action.
Seven great reasons to invest in Costa Rica Real Estate?
1. Stable democratic Government; A country often called the “
2. Stable Currency
3. Close Proximity to Major
4. Healthy Local Economy
5. Excellent Medical Care
6. No Ownership Restrictions
7. Excellent Lending Market
Well eight good reasons actually for "Coffee is king in Costa Rica"!
Over the next ten years Costa Rica has set to improve the more impoverished areas of Costa Rica by implementing a luxury tax. See more here. With an increase in housing standards, Costa Rica is set to be a leader in social action.
With a nation of such beauty and diversity- Why not buy real estate in this beautiful country of Costa Rica.
Contact Whitten Caribbean Real Estate for all your Costa Rican real estate needs.
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Map of Costa Rica
Map of Costa Rica
Whitten Caribbean Real Estate
visit us here at www.multiplelistingservicecaribbean.com
visit WHITTEN CAPITAL GROUP at www.whttencapitalgroup.com
