Costa Rica is known as the happiest country in Latin America, with good reason. Not only are the people who call this place home living in paradise—with an abundance of native, exotic plants and animals, delicious food, and wondrous volcanoes—but the country truly is peaceful… there is no army present! Costa Rica is known for its social peace, and the business climate is just as positive.
During the coronavirus pandemic, Costa Rica was one of the few countries that optimized work almost immediately… and that did it right. The multinational population in Costa Rica boasted 98% of service laborers working fully remotely, with the support and organization of the government and thriving connectivity infrastructure. The requirements that the pandemic brought forward were already in place in Costa Rica, making it easy for people to work from home in a way that felt safe and functional. Many business professionals believe that Costa Rica is well primed to offer sustainability, business progress, and technological innovation.
The country also holds around 6% of the world’s biodiversity. They work to protect nature’s valuable resources, with almost 100% of their electricity coming from renewable resources. Even though the area of Costa Rica is less than 20,000 square miles, it boasts beaches, mountains, lakes, and some of the world’s most beautiful rainforests. Almost half of the country’s population lives in and around San José, as well, so the rest of the country is spread out with space for plenty.
Costa Rica’s foundational beliefs lie in health and well-being—their three pillars are “People, Planet, and Prosperity”—so it’s no surprise that the Nicoya Peninsula is one of the only five Blue Zones in the world. Blue Zones are areas in which less than 1% of the population suffers from chronic disease, and in which the life expectancy of its citizens greatly surpasses the rest of the world. The people who live in Blue Zones enjoy a rich community, thriving social lives, and access to clean, fresh food and high-quality health care. Costa Rica also has beautiful weather all year round, as well as a low cost of living, low tax rates, and a stable and peaceful government to boot. What’s not to love?
Entering Costa Rica is easy; you simply need an entry visa. Within three months, you will need to establish legal investment residency, which you can do with a land investment worth 150,000 USD or more. The real estate market in Costa Rica is protected by the National Registry of Costa Rica. Anyone can invest in property in this country, even foreigners, and have just as many rights as a national. You will pay taxes on your property when you purchase, though, and CasaShared helps you take care of all these small legal matters that you don’t want weighing you down.
Investing in a home with CasaShared not only gives you all the benefits we’ve described here, but it also comes with the perks of buying property through a business that takes care of you, too, as you help to take care of and support Costa Rica. The time spent in your casa is booked through an equitable, proprietary algorithm that ensures every co-owner gets plenty of choice in their bookings. You have priority to buy other people’s shares if and when they are ready to move on, and the CasaShared team helps you manage every step of ownership and investment along the way. Not only that, but you also have access to a dedicated concierge who will book your luxury dining, spa, health, and adventure reservations at your leisure, seven days a week.
CasaShared is the best of all the options for investing in real estate in Costa Rica for your second foreign home. Reach out to us and begin your dream life on the shores of the Nicoya Peninsula, surrounded by everything you deserve.