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Why Costa Rica


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~ About Costa Rica ~

Background:

Although explored by the Spanish early in the 16th century, initial attempts at colonizing Costa Rica proved unsuccessful due to a combination of factors, including disease from mosquito-infested swamps, brutal heat, resistance by natives, and pirate raids. It was not until 1563 that a permanent settlement of Cartago was established in the cooler, fertile central highlands. The area remained a colony for some two and a half centuries. In 1821, Costa Rica became one of several Central American provinces that jointly declared their independence from Spain. Two years later it joined the United Provinces of Central America, but this federation disintegrated in 1838, at which time Costa Rica proclaimed its sovereignty and independence. Since the late 19th century, only two brief periods of violence have marred the country's democratic development. In 1949, Costa Rica dissolved its armed forces. Although it still maintains a large agricultural sector, Costa Rica has expanded its economy to include strong technology and tourism industries. The standard of living is relatively high. Land ownership is widespread.

Geography:

Costa Rica is located in Central America, bordering both the Carribean Sea and the North Pacific Ocean, between Nicaragua and Panama. It is slightly smaller than the state of West Virginia. It has a total land and water mass of 51,100 square kilometres and 1290 km of coastline. The climate is tropical to sub tropical with the dry season from December to April and in May it starts gradually to rain and ends November.

Costa Rica dominant natural resource is hydropower. Its highest elevation point is Cerro Chirripo at 3810 metres and lowest elevation of 0 metres at the Pacific ocean. The mean elevation is 746 metres. Roughly half of the nation's population resides in urban areas; the capital of San Jose is the largest city and home to approximately one-fifth of the population. The official language of Costa Rica is Spanish and as of July 2016 the population was estimated at 4,872,543.

People and Society:

Costa Rica's political stability, high standard of living, and well-developed social benefits system set it apart from its Central American neighbors. Through the government's sustained social spending - almost 20% of GDP annually - Costa Rica has made tremendous progress toward achieving its goal of providing universal access to education, healthcare, clean water, sanitation, and electricity. Since the 1970s, expansion of these services has led to a rapid decline in infant mortality, an increase in life expectancy at birth, and a sharp decrease in the birth rate. The average number of children born per women has fallen from about 7 in the 1960s to 3.5 in the early 1980s to below replacement level today. Costa Rica's poverty rate is lower than in most Latin American countries, but it has stalled at around 20% for almost two decades.

Costa Rica is a popular regional immigration destination because of its job opportunities and social programs. Almost 9% of the population is foreign-born, with Nicaraguans comprising nearly three-quarters of the foreign population. Many Nicaraguans who perform unskilled seasonal labor enter Costa Rica illegally or overstay their visas, which continues to be a source of tension. Less than 3% of Costa Rica's population lives abroad. The overwhelming majority of expatriates have settled in the United States after completing a university degree or in order to work in a highly skilled field.

The country name is Republic of Costa Rica or as far as the locals go, Republica de Costa Rica. The name means "rich coast" in Spanish and was first applied in the early colonial period of the 16th century. The capital is San Jose and there are 7 provinces (provincias, singular - provincia); Alajuela, Cartago, Guanacaste, Heredia, Limon, Puntarenas, San Jose. Costa Rica obtained its Independence from Spain on September 15, 1821 and celebrates every September 15th as its National holiday as Independance Day. Its national symbol is the yiguirro, a clay colored robin and its  national colors are blue, white red.

Economy:

Prior to the global economic crisis, Costa Rica enjoyed stable economic growth. The economy contracted in 2009 but resumed growth at about 4% per year in 2010-15. While traditional agricultural exports of bananas, coffee, sugar, and beef are still the backbone of commodity export trade, a variety of industrial and specialized agricultural products have broadened export trade in recent years. High value-added goods and services, including medical devices, have further bolstered exports. Tourism continues to bring in foreign exchange, as Costa Rica's impressive biodiversity makes it a key destination for ecotourism.

Foreign investors remain attracted by the country's political stability and relatively high education levels, as well as the incentives offered in the free-trade zones; Costa Rica has attracted one of the highest levels of foreign direct investment per capita in Latin America. The US-Central American-Dominican Republic Free Trade Agreement (CAFTA-DR) entered into force on 1 January 2009 after significant delays within the Costa Rican legislature. CAFTA-DR has increased foreign direct investment in key sectors of the economy, including the insurance and telecommunications sectors.

Agricultural products consist of bananas, pineapples, coffee, melons, ornamental plants, sugar, corn, rice, beans, potatoes; beef, poultry, dairy and timber. Industries include medical equipment, food processing, textiles and clothing, construction materials, fertilizer and plastic products. 

 

 

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~ Why Costa Rica? ~

 

Escape ~ Tranquility ~ Beauty

Aptly named "The Rich Coast", Costa Rica has been a top travel destination for Canadians, Americans, & Europeans for decades. With 5% of the world's biodiversity, warm local 'Tico' culture and spectacular beaches, this small, but remarkable country has plenty to offer.

Here are the top 5 benefits of living in Costa Rica:

1) AFFORDABILITY

While many North American & European markets are experiencing record high housing prices in major metropolitan areas & low inventory, Costa Rica has ample supply at affordable prices.

There is literally a location & perfect house for anyone.

Whether your ideal home is nestled within the dense rainforest, overlooking a breathtaking ocean view, or a quiant, rustic farmhouse, this country has it all.

2) A NATURE LOVER'S DREAM

Famed for its stunning diversity of wildlife, flaura & fauna, Costa Rica will appeal to nature lovers everywhere.

While its land surface only covers 0.03% of the globe, Costa Rica contains 5% of the earth's biodiversity, including thousands of species of plants, birds, and butterflies.

In addition, more than 25% of the land is protected. These areas include islands, beaches, rainforests, dry & active volcanoes, hot springs, caves, river canyons & waterfalls.

Costa Rica is also committed to renewable energy and has gone a total of 150 days (and counting) without relying on fossil fuels. 

The country has been powered on a mix of hydro, geothermal, wind & solar energy.

3) ACCESSIBILITY

Daily non-stop flights from around the world make it easy to get to either San Jose (the capital city) or Liberia by plane.

While the country stretches 19,652 square miles, flanked by both the Caribbean Sea and the Pacific Ocean, you can travel from coast to coast in just 3 hours by car.

4) STABLE GOVERNMENT

Costa Rica is one of the most stable countries in Central America, with a democratic government, diverse global economy and the highest 98% literacy rate in Latin America.

The country also has not had a military since 1949, choosing instead to focus its resources on education & infrastructure.

5) WELCOMING & GENEROUS LOCAL CULTURE

There is no escaping the warm & friendly attitude of the Costa Rican people.

From the moment you step into this country, you will be welcomed with open arms.

Ticos & Ticas truly embody their favorite mantra, "PURA VIDA", which means pure life, taking the time to savor and enjoy what is really important in their lives.

 

 

 

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