The U.S. Department of State reports, Costa Rica has successfully attracted important investments by such companies as Intel Corporation, which employs nearly 2,000 people at its US$300 million microprocessor plant; Proctor and Gamble, which employs about 1,200 people in its administrative center for the Western Hemisphere; and Hospira and Baxter Healthcare from the health care products industry. Manufacturing and industry’s contribution to GDP overtook agriculture over the course of the 1990s, led by foreign investment in Costa Rica’s free trade zone. More than half of that investment has come from the United States.
Perhaps you're interested in establishing a partnership with one of the country's exporters. You may be considering joint ventures with Costa Rican companies, franchise or licensing opportunities or sales of your products and services in Costa Rica. Whatever your interests and needs, the resources provided here will lead you to information that can support your entry into this vibrant market.
More About Business Basics
Everything from understanding government regulations and tariffs, to the right labeling and gaining local representation comes into play when doing business in Costa Rica. Getting the basics down can prepare you for market entry.
The U.S. Department of Commerce prepared this report, and while it includes chapters dedicated to the sale of U.S. products and services in Costa Rica and leading sectors for U.S. export and investment, it also addresses topics of more universal interest, such as Costa Rica’s:
- Political and economic environment;
- Trade regulations and standards;
- Investment climate;
- Trade and project financing;
- Business travel and
- Contacts, market research and trade events
UK Trade & Investment, a division of the government of the United Kingdom, created this downloadable PDF report on doing business in Costa Rica. The report provides introductory information about the market, advice to companies that want to export to or do business in Costa Rica, and a guide to etiquette, language and cultural concerns.
Understanding market-specific issues, such as licensing, employment issues, getting credit or starting a business or franchise, is critical in moving into new countries.
The World Bank's "Doing Business In" project compares business procedures and economic regulations in 181 countries throughout the world. This page provides introductory information about the Costa Rican market. Most World Bank materials are published in English, Spanish, Portuguese, French, Russian, Chinese and Arabic.
This comprehensive report includes chapters about dealing with licenses, starting or closing a business, employing workers, getting credit, protecting investors, paying taxes, enforcing contracts and trading across borders in Costa Rica.
This World Bank chart summarizes the procedures, schedule requirements, and costs associated with setting up a business in Costa Rica.
Using the building of a warehouse as an example, this page features a chart summarizing the procedures, time and costs to build in Costa Rica. Text beneath the chart provides details about each procedural step in the process.