Costa Rica is a Caribbean country located between Panama and Guatemala and a member of the CARICOM. It has just over 51,000 sq. km of land and almost 5 million inhabitants. Its capital and political, cultural, social and economic center is San Jose, and its official currency is the Costa Rican Colón (CRC), although the US Dollar is widely accepted.
Costa Rica is often called the ‘Switzerland of Central America’, because of its pleasant lifestyle, lack of army, stable democracy and its impressive natural beauty; its considered the happiest, most ecological, green and sustainable country on the planet. Costa Rica is one of the most progressive, developed and stable countries in the Americas, with an emphasis on the environment, freedom of the press, security, equality, democracy, health and education.
Its main economic sectors are tourism, high technology industrial manufacturing, agriculture, forestry and fisheries. It is the most visited country in Central America, with around 25% of the region’s tourism market share. Americans account for about 40% of all tourists. Costa Rica has traditionally been an attractive jurisdiction to set up a company conducting international trade business, due to its territorial tax system and its free trade areas.
Flag Theory is a strategic internationalization process achieved by allocating specific elements of your personal finances or business in strategic locations. Below, you can find why and how to get residency, and eventually citizenship in Costa Rica, as well as why and how to set up a company, business and investment opportunities and banking options in this Caribbean country.
If you want to set up a company, open a bank account, invest, immigrate and/or obtain residency permits and even citizenship in Costa Rica, get in contact with us directly for a free private consultation.