The CIA world factbook clearly states that in its opinion Costa Rica is a 'Central American success story', and the government of Costa Rica is keen to expand on the country's success and have announced the implementation of a seven year plan for the economic expansion of the country.
To this end they are actively encouraging international real estate investors and those looking for a retirement or second home overseas to come to Costa Rica and explore its exciting and affordable property market.
The Costa Rican real estate market is one of the most exciting in Central and South America right now as a direct result of the Costa Rican government's commitment to promoting the property sector. With the implementation of a series of tax breaks and investment incentives available to overseas real estate buyers the success of the Costa Rican property market is practically guaranteed.
For those looking purely for real estate investment opportunity, Costa Rica offers two main angles for property investors to explore: -
Firstly as the natural beauty of Costa Rica proves an irresistible draw for more and more travelers and those in search of the perfect getaway, so the demand for rental and hotel accommodation in Costa Rica is on the increase. The supply of quality accommodation in Costa Rica cannot meet current demand and this situation is likely to deteriorate as the popularity of the country increases. The government is well aware of this fact and is keen to attract those wishing to develop specifically for the tourism market.
Secondly Costa Rica is becoming increasingly popular with the soon to retire US baby boomers who are actively seeking an affordable and attractive location in which to retire. Because Costa Rica enjoys relatively low crime, is neutral, has a relatively high standard and low cost of living it is gaining a reputation among pre-retirees as a must-consider destination. There is therefore room for the development of real estate to suit this particular market or for the purchase and long term lease of real estate to this market. This particular group of people also represents a strong resale demand for those who buy now, improve property and intend to resell in the medium term to release gains accrued.
The real estate investment climate in Costa Rica is hot right now with the government working flat out to attract sustainable foreign direct investment – those interested in making a move should consider committing to the market sooner rather than later while it remains a buyer's market and before opportunities for the strongest investment gains are eroded by increased levels of investor awareness and interest.
Rhiannon Williamson writes about real estate investment in emerging markets worldwide. To read more about real estate investment in Costa Rica click here.
How to obtain visas to live in Brazil
Visas, Immigration, Relocation
Tourist Visa You can stay in Brazil for 90 days. However, this can be extended locally in Brazil for another 90 days totalling 180 days per calendar year.
Permanent residence visa there are two principle ways besides marriage:
Retirement visa you are over 50 years of age and can prove at least USD 2'000.00 per month as pension income. This visa also allows 2 dependants permanent residential status.
Investment visa you have made an investment of 50'000.00 USD or more into an existing or new company based in Brazil. This visa is valid for 5 years and can be extended if your business venture employs 10 Brazilians by the end of this 5 year period.
Bahia Real Estate Ltda can assist you with the complete process of visa and immigration application.
Relocation we provide, in partnership with a local specialized relocation company, services for private individual or company relocation. For more information and requirements please contact us.
More info at http://www.bahiarealestates.com
Why buy and invest in Brazilian Real Estate
Why Brazil Bahia
Bahia offers excellent investment opportunities in property and business. Considering the development in Spain, Portugal and other south European countries made over the last 20 years and the rise in property prices, Brazil and especially Bahia has a long way to go to catch up. We at Bahia Real Estate Ltda are very excited about potential future developments.
There are many factors why you should consider investing in Bahia. We list just a few below.
Economists say Brazil will be one of the future economic leaders along with Russia, India and China.
The Bahian economy is growing at a very fast rate, supported by national government.
Many multinational companies and the tourist industry are planning billions of dollars of investment in Bahia over the next few years.
Spanish and Portuguese developers and Major Hotel and resort groups have now arrived and are investing millions of Euros in tourist developments aimed at the European market.
The exchange rate is very favourable.
Cost of living is 20% to 40% of that in Europe.
Brazil is considered low risk in respect of war, Terrorism and natural disasters.
Crime rate in Salvador is much lower than other major cities in Brazil.
The Bahian coastal area is extremely beautiful, so is the hinterland. Therefore, it will be very interesting and rewarding for real estate developments for many years to come.
Bahia Real Estate Ltda offers special services focusing on the property investor. Depending on your strategy and brief, we select and present the most suitable investments for your portfolio.
Home|Bahia Links|Our Company|Testimonials|Contacts Us
Properties(Houses|Apartments|Farms & lands|Off-plan Properties)
Services Info(Buying property, a smooth transaction, costs|Our Services|Why Brazil Bahia |Off-plan Investment|Agriculture Investments|Business Investments|Property Development|Real Estate Partners|Inspection Visit|Visa Immigration Relocation|Lifestyle|Locations)
http://www.bahiarealestates.com is the registered Domain website of Bahia Real Estate Ltda Brazil.