Costa RIca Foreclosures 4 the REAL Investor

Foreclosure investing in Costa Rica is a unique industry. Not many know the specifics of the business and even fewer have the financial means to participate. It is essentially uncharted territory creating a huge supply of real estate to select from for our investors.

The global economic situation, recently passed legislation in Costa Rica, and the country’s distinctiveness, has made this present time, the product, and setting opportune. Costa Rica, besides being strategically located for easy access from North and South America, both Atlantic and Pacific coastlines and 2 International Airports allow for easy access into the country from anywhere globally.

Costa Rica became a democracy in 1821 and today it remains stable and strong, standing by its decision in 1983 to be a neutral entity in world conflicts. Numerous free trade zones and tax holidays, along with Costa Rica’s encouragement for foreign investments and business friendly government policy, has attracted the financial and physical presence of fortune 500 companies such as Wal-Mart, HP, Pfizer, Microsoft, GE, Intel, etc. The World Bank in a conference in El Salvador earlier this year stated that the country possesses one of the most stable and robust democracies in Latin America.

Adding to the strength and attractiveness of the real estate market in Costa Rica is the country's stunning scenery, unlimited out door activities, it's rain forests, beaches, and pleasant citizens. For self-sustainable ecological tourism, it ranks number two in the world only falling short to Palau in the South Pacific. The Corcovado National Park, located in the Osa Peninsula has been labeled the most biologically intense place on earth according to National Geographic. One of the many islands, La Isla del Coco, is a candidate for the Seven Wonders of the World adding to the desire to possess a piece of paradise where foreigners have the same rights as its citizens in Costa Rica Real Estate ownership.

In a country that is slightly smaller than the state of West Virginia, a little over a quarter of its territory remains protected for natural preservation. It is undoubtedly inevitable that the limited amount of land will only boost the demand to own it and, the economies strength and countries magnetism will only increase the capital gain potential for investors.

Next posting will include information on the new legislation that has made a difference for our investors and the step by step foreclosure proceedings in Costa Rica.