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Follow on Google News | Costa Rica is the Second Most Globalized Country in Central and Southern America.The Latin Globalization index ranks Costa Rica as the second most globalized nation in Central and Southern America. Foreign inward investment will increase due to their increasing trade and tourism combined with a highly educated workforce.
The Miami based, Latin Business chronicle produces a Latin Globalization Index which ranks Latin American Countries. The index, which analyzed 18 countries, ranks Panama as the most globalized nation in the region, followed by Costa Rica, Nicaragua, Chile and Paraguay. Latin America's two largest economies, Brazil and Mexico, were ranked last and in 10th place, respectively, but both improved from last year's ratings. The globalization index uses six elements to measure a country's globalization level: 1. Exports 2. imports 3. foreign direct investment 4. tourism receipts 5. remittances 6. Internet penetration. All factors except Internet penetration are calculated as a percent of Gross Domestic Product. The index also measures the biggest winners and losers in foreign direct investment. Those showing the best gains in foreign investment were Panama, Chile, El Salvador, Costa Rica and Honduras. James Cahill, Costa Rica Invest’s managing director says “Costa Rica continues to attract huge foreign inward investment. The combination of good infrastructure, stable economy and politics, huge tourism industry and a highly educated workforce will ensure that this trend continues. The Government is committed to investing further in education and has dedicated more than 25% of the entire budget for 2009 to education.” Costa Rica Invest specialises in eco-friendly, ethical, high yield investments. All projects are based in the best locations in Costa Rica, consisting of plots of development land with an environmentally friendly angle. Their current development in ‘Di Pacifico Dos’ combines a teak commodity investment and plots of land zoned for development. The emergence of Costa Rica as the strongest economy in Central America combined with huge demand for holiday homes by Americans and American retirees will ensure that development land prices will continue to rise. Judy Ferguson, Public Relations Manager also highlights “foreign inward investment, tourism and demand for land will contribute to increasing land prices, but Costa Rica’s plan to be carbon neutral by 2021 will require more natural parks and forest reserves. This will reduce the amount of development land available and put a further premium on existing development land”. With a double investment in locations where land prices are increasing rapidly, backed by a sound commodity that is constantly ‘growing’, is it any wonder they have so many repeat investors creating wealth naturally? For more information, including high resolution images, and case studies press only: Judy Ferguson, +353 (0)1 272 4184, pr@costaricainvest.ie For more information on Costa Rica Invest and their products: http://www.costaricainvest.ie or http://www.costaricainvest.co.uk For general enquires about Costa Rica Invest and their products: brochure@costaricainvest.ie # # # Costa Rica Invest specialises in enironmentally friendly, ethically responsible, high yield investments, primarily in Costa Rica. Di Pacifico Dos is Costa Rica Invests current project investing in development land with the added value of teak trees. End
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