There is little disputing one central fact about Costa Rica’s outsourcing industry: it is on fire and it has been on fire consistently for the last several years. For some countries, such a development is entirely positive news, but for Costa Rica, such success has to be managed carefully. “We are really hot right now, due to our growth and our sophistication,” says Gabriela Llobet, Director G...

Twilight in Golfito. Source: Wikimedia Commons Squatters of private property in Costa Rica, particularly those that trespass land owned by foreigners, are more than a just a nuisance. They are reminders of this country's painful transition from an agricultural nation to an industrial and consumer society. Many foreign landowners have come to learn the hard way about Costa Rica's murky agrarian...

Article by CentralAmericaData.com with insights from Nacion.com. The Costa Rican environmental authority has only 5 technicians to analyze the viability of infrastructure projects worth billions of dollars to the economy and country of Costa Rica, creating a bottleneck on advancement. Construction of the new container terminal at the Port of Moin can not begin because of lack of approval of ...

A sharp increase in real estate acquisition and development by foreign investors in Costa Rica contributed $377 million to the national economy in the first quarter of 2013 (Q1). In real estate offices around the Central Valley, purchasing activity during the first three months of the year climbed by 13 percent when compared to the previous year. According to a report by Oscar Rodriguez of La Nac...

Wikimedia Commons Recent news from the Phoenix Business Journal revealed that a Costa Rica-based investment firm purchased more than $12 million in cash to acquire an office complex in Arizona's capital. In October, The Costa Rica Star reported on the acquisition of North American Breweries Holdings by Florida Ice and Farm Company, S.A., a transaction valued at $388 million, also in cash. The t...

The current rates for investment in dollars available in Costa Rica represent attractive options- which are scarce right now, compared to the international markets. From a report by Aldesa on its blog Pulso Bursátil: Interest rates internationally in dollars are still at historic lows and the market consensus suggests that this Thursday, the U.S. Federal Reserve will accompany the stat...

The pretty white Marango tree flower. Source: INBIO Costa Rica There is a tree that grows in certain areas of Guanacaste and other regions of Costa Rica that -depending on who you choose to believe- could wipe out hunger on a global level, cure most diseases tied to vitamin deficiencies, boost sustainable farming practices, serve as a renewable energy source, and even make people rich in just a ...

Urban growth in the east of the Costa Rican capital is underpinned by investment proposals in the Special Economic Zone of Cartago. The achievements of investment attraction in the province include the opening in November of Paseo Metropolis and the opening of the first phase of Oficentro Terra Campus Corporativo, said Silvia Hidalgo, Director of the Center for University-Industry Links a...

FLINT, MI -- A Flushing couple is out on bond after the federal government claims that they purposely hid profits from millions in foreign investments from tax officials, according to a complaint filed in U.S. District Court. James Stanley Gray, 80, and Karen Amerling-Gray, 67, are accused of purposely failing to claim their foreign bank accounts that were funded by profits from the million...

Pension and retirement fund managers in Costa Rica are hungry for public sector government debt. As reported by Evelyn Granados Diaz of digital news daily Costa Rica Hoy, 80 percent of holdings in the investment portfolios of pension funds are spread among bonds issued by the Ministry of the Treasury and Taxation (Hacienda in Spanish), the Central Bank, and the public electric and communicatio...

The chart accompanying this article shows a graphical representation of historical data released by our Executive Branch in relation to the rate of traditional and non-traditional exports across a five-year period. This chart took a couple of minutes to make and did not involve downloading data. By using a powerful web application called Junar, charts like the one here can be easily created simply...