Costa Rica is a unique country in Central America, offering a perfect combination of stability, human development, natural diversity, and investment opportunities. Strategically located between Nicaragua and Panama, with coastlines on both the Caribbean and the Pacific, it serves as a key gateway for trade and tourism in the region.
With a population of approximately 5.5 million people spread across 51,060 km², Costa Rica has established itself as a model for democracy, sustainability, and economic growth. Its capital, San José, is the country’s financial and cultural hub, home to around 333,980 residents, with a greater metropolitan area reaching nearly two million people.
A Strong Democracy & Focus on Education
Costa Rica is renowned for its long-standing democratic stability. Since abolishing its military in 1948, the country has redirected resources toward education and healthcare. Today, nearly 14% of the national budget is allocated to education—almost double the global average—resulting in a 97% literacy rate, one of the highest in Latin America.
Free and mandatory education has been in place since 1870, creating a highly skilled workforce that attracts foreign investment in sectors such as technology, financial services, and advanced manufacturing.
A Diversified Economy & Business Opportunities
While historically reliant on agriculture, Costa Rica has successfully diversified its economy. Today, industries such as corporate services, technology, pharmaceuticals, and ecotourism play a significant role in the country’s GDP.
- 68.5% of Costa Rica’s GDP comes from the service sector.
- Global companies like Intel, Amazon, and Microsoft operate in the country, benefiting from tax incentives in Free Trade Zones.
- In 2021, these zones generated over 180,000 direct and indirect jobs, with salaries averaging 1.8 times higher than those in the general private sector.
- Costa Rica leads the Foreign Direct Investment (FDI) Performance Index, attracting more investment than expected for its GDP level.
A Natural Paradise Like No Other
Costa Rica is a global leader in sustainability. More than 98% of its energy comes from renewable sources, and the country is home to around 5% of the world’s biodiversity. Thanks to decades of successful environmental policies, 25% of its land is protected through national parks and reserves.
This commitment has earned international recognition, including the United Nations’ Champions of the Earth award in 2019. Costa Rica has also topped the Happy Planet Index since 2006, ranking as a global leader in sustainable well-being.
Healthcare & Quality of Life
Costa Rica’s healthcare system is considered one of the best in the world. According to the World Health Organization (WHO), Costa Rica ranks 36th globally, outperforming countries like the United States and New Zealand. With 9.9% of GDP invested in healthcare, the country ensures high-quality, affordable medical services for both residents and expatriates.
A Booming Tourism Industry
Costa Rica is the most visited destination in Central America, welcoming 2.9 million tourists in 2016. The tourism sector contributes 5.8% of the country’s GDP, generating more revenue than coffee and bananas combined.
Iconic destinations like Manuel Antonio National Park, Monteverde, and the beaches of Guanacaste attract visitors from all over the world. Costa Rica is also a global leader in ecotourism, ranking 41st in the 2019 Travel & Tourism Competitiveness Index. Its dedication to conservation has earned it a regular spot on the Ethical Traveler’s Best Ethical Destinations list.
Free Trade Agreements & Global Connectivity
Costa Rica has free trade agreements with key markets, including the United States, Canada, and the European Union, making international business operations seamless.
The country also boasts strong air connectivity, with direct flights to major cities across North America and Europe, facilitating access for both investors and tourists.
A Forward-Thinking Nation
Costa Rica has achieved an outstanding balance between economic development, human well-being, and environmental sustainability. Its political stability, advanced education system, and exceptional natural surroundings make it an ideal destination for both living and investing.
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