Direct Foreign Investment
Costa Rica is referred to as the "Silicon Valley of Latin America," a reflection of the nation's reputation for attracting investment from high technology corporations. According to the World Bank's World Development Indicators 2011, Costa Rica is Latin America's #1 high-tech exporter and the fourth high-tech exporter in the world. The Costa Rican Foreign Trade Ministry (COMEX) and the Costa Rican Investment Board (CINDE) stated that Costa Rica’s foreign direct investment reached more than $1.5 billion during the first nine months of 2011.
See Also
Costa Rican Economy
Costa Rica’s economy is based on tourism, agriculture and electronics exports. Coffee and banana exports dominated the economy in Costa Rica until 1998 when technology exports replaced both agricultural and tourism as ...
ContinueFree Trade Zone Tax Exemptions
Companies doing business in a Free Trade Zone receive the following tax exemptions, as long as they cannot claim their Costa Rican-exempted taxes as a business expense in another country.
ContinueLast updated: Oct 25, 2023