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Costa Rica's Growing Attraction for Foreign Real Estate Investment

March 12, 2008

 

The Costa Rican Board of Tourism (ICT), which reviews all new land development projects, announced that new projects so far this year represent $600 million dollars of foreign investment. ICT estimates that the overall investment expected for 2008 will be no less than last year, which brought $800 million dollars from foreign investment.

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Costa Rica ranks highest among Central American countries

November 30, 2007


According to 2007/2008 U.N. human development report released this week Costa Rica ranks highest among all Central American countries.  It even outranks Mexico by four positions.  The report takes into account areas such as life expectancy, educational levels, GDP per capita and others to rank over 175 U.N. member countries.

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Liberia Airport New Terminal Expansion

November 12, 2007


If you have traveled to Guanacaste region recently, you know that the development on its coast is booming. You have also probably used Liberia Daniel Oduber International Airport to get there. This fastest growing Costa Rica airport will finely see a well deserved expansion.

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Continental AG Invests $60 Million in Costa Rica

October 19, 2007


The German tire company, Continental AG, has announced plans to build a $60 million plant at the El Coyol Tax Free Zone in Alajuela, Costa Rica's second largest city. The company, established in 1871, is the world's fourth largest tire producer, supplying Volkswagen, Daimler-Chrysler, Ford, BMW, General Motors, Toyota, Honda, Renault and Porsche.

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Costa Rica Attains UN Security Council

October 16, 2007


Costa Rica will be seated on the United Nationas Security Council for the 2008-2009 period. Costa Rica attained the seat during the General Assembly session when the Dominican Republic withdrew its candidacy.

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Costa Rica voters approve Free Trade Agreement

October 8, 2007


Yesterday a slim majority of voters in Costa Rica approved DR-CAFTA (the Dominican Republic-Central American Free Trade Agreement). The people passed the pact with the U.S. in the nation's first-ever referendum. This is also the first time in world history that a country has put a Free Trade Agreement (FTA) to a popular vote.

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Four New Airlines To Fly to Costa Rica

October 2, 2007


Four new airlines have announced their plans to offer services in Costa Rica, while others like Delta Airlines will be offering more connections and more flights.

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