Costa Rica Holds At 8 Confirmed Cases of
Swine Flu
Two Mexicans Detained
In "Heli-Coca" Investigation
Caribbean On Yellow
Alert As Heavy Rains
Cause First Floods of The Season
Higher Unemployment
For 2009 Predicted
ICE Ends Grace
Period For Paying Telephone Bill
Growth In
Eco-tourism Expected In Costa Rica
Costa Rican
Nuts Help In Living Longer
Growth In
Eco-tourism Expected In Costa Rica
Costa Rica has been affected by the global
economic downturn, but it has not been as
badly hit as many other countries and its
prospects remain attractive. The country
still remains popular for second home
property investors, particularly those from
the US. These investors are attracted by the
low cost of living and attractive property
taxes.
The country has successfully branded itself
as a premiere eco-tourism destination and
the tourism sector is expected to continue
growing.
The local construction industry has fallen
victim to the financial crisis but continues
to grow, albeit at a much slower rate. In
2007, the industry experienced an incredible
18 percent growth but that reduced to a
still impressive 5 percent for 2008.
A recent article in Nuwire Investor
confirmed that ‘long term prospects for
Costa Rica remain attractive. The government
is stable and has instituted good health
care and educational systems.
‘The country is has a wealth of natural
resources, from beautiful beaches to
pristine jungles and volcanic mountains,
that attract a wide range of travellers.
More importantly, it knows how to take care
of its environment.
‘Costa Rica was ranked 5th in the world by
the Environmental Performance Index
developed by Yale University and Columbia
University.
No doubt tourism and related developments
will continue to boom. To avoid being a
victim of its own success, Costa Rica will
need to perfect the fine art of balancing
development against preservation in order to
protect its eco-friendly brand.’
James Cahill, Managing Director of Costa
Rica Invest, said: “Our premier project
Finca Di Pacifico Dos offers a unique
opportunity to invest in Costa Rica. The
teak growing on your land will provide a
good return but better than that as the
world economy recovers and more baby boomers
seek out their little piece of paradise the
value of your land will increase rapidly
giving you a spectacular return.”
Costa Rica Invest specializes in
eco-friendly, ethical, high yield
investments. All projects are based in the
best locations in Costa Rica, consisting of
plots of development land with an
environmentally friendly angle. Their
current development in ‘Di Pacifico Dos’
combines a teak commodity investment traded
in USD on plots of land zoned for
development. |
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