Doing Business in
One of the most investment friendly countries in the Americas.
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Doing business in Costa Rica is best done in the Green Park Foreign Trade Zone
For companies seeking to invest in Central America, doing business in Costa Rica is an excellent choice. Over the last several decades the Costa Rican government has taken measures that have made this nation of just under five million inhabitants fertile ground for foreign direct investment (FDI).
As a result of efforts to make doing business in Costa Rica attractive to foreign firms, the country has positioned itself as one of the leading homes in Latin America for companies in industries such as advanced manufacturing, aerospace, electronics, light manufacturing, medical devices, and pharmaceuticals. One of the main factors that make doing business in Costa Rica advantageous is that the country is home to a literate and trained workforce. With a 98% literacy rate, workers in Costa Rica are well prepared to engage in high precision and innovative manufacturing, as well as in high-quality services. Costa Rica earmarks 8% of its national budget for education with the goal of educating its citizens to hold positions of high technical skill requirements that are in high demand.
Doing business in Costa Rica enables firms to produce products for the global marketplace. Today the country’s industries export more than 4300 products to over 150 nations worldwide. The government of Costa Rica has been successful in transforming the country into a global export platform by entering into free trade agreements that
give Costa Rican products access to two billion potential customers as well as to 66% of the world’s GDP.
Within this context, companies that are interested in doing business in Costa Rica should take advantage of making their manufacturing investments at the Central American Group’s Green Park Free Trade Zone. Companies that operate at this ecologically sustainable facility must commit to making an investment of US$150,000 in fixed capital.
As a result of making or exceeding this financial threshold, companies that engage in activities such as the manufacturing, processing, maintaining and repairing, and distributing goods are eligible to receive an income tax exemption of 100% during the first eight years of operation. During the subsequent period of four years, firms meeting the specified criteria enjoy an income tax exemption of 50%. For the entirety of the life of the project tax exemptions are available for the importation of any fuels, oils, and lubricants required for the operation, as well as for all taxes on the importation or exportation of products used in manufacturing processes. This includes raw materials and machinery.
Firms that are that are interested in doing business in Costa Rica should contact the Central American Group by filling out the form at the foot of this page.
A sample list of active companies in Costa Rica
(S. Korea) 1995
Deshler Automotive Products
Firestone Industrial Products
Hutchings Automotive Products
Engineering & Repair
Medical and Biotech
Aqua Imara (SN Power)
Engineering, Design, Software
Indian Global Manufacturing
Vitec / CPP
Controles de Corriente
Bourns / Trimpot
RDF Sensors Group
General Cable Corp
What makes Costa Rica unique?
Reach Business Success!
Interested in Costa Rica?
This whitepaper addresses:
- starting a business in Costa Rica;
- labor market regulations;
- trading across international borders;
- dealing with construction permits.
You can use this form on the side to download it.