Doing Business in Costa Rica
Costa Rican Investment Promotion Agency or CINDE is a good source of information if you are interested in investing and doing business in Costa Rica. It is a private, non profit and apolitical organization. During its 30 years, CINDE has attracted more than 250 companies to Costa Rica, including worldwide leaders such as: Intel, Procter and Gamble, Hospira, Baxter, St. Jude Medical, Western Union and many others.
Costa Rica's value proposition focuses on these major key areas:
You can also visit CINDE's document download center where information regarding specific topics is given. For example: "steps to set up a business".
Costa Rica has a credit rating of BB according to Standard & Poor with a stable rating outlook.
Costa Rica's Banking System
In Costa Rica there are 4 public banks, these state-owned banks are autonomous corporations and administratevely independent, but they are subject to govermental regulations. They are:
You can have a look to the latest daily interest rate for industrial projects in our public banks:
There are several more private banks in Costa Rica. Private Bank's daily interest rate for industrial projects:
And there are also other financial institutions (such as mutual financial institutions, savings and loans cooperatives and financial groups). Here is their latest daily interest rate for industrial projects:
Foreign Direct Investment
In the last 10 years, investment in Costa Rica has increased almost 5 times. In 2012, $2,287.7 million USD came into the country.
Currency data courtesy coinmill.com