www.CostaRicaTicas.com

Where would an investor look for opportunities in CR these days?

Sex, booze or mind altering substances.

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It is cheaper to pay now and get it over with.
It is also easier to get them to leave.

The main challenge is you will be competing and dealing with jealous ticos and their system of doing things or not doing things.

If you cant make money investing in the USA then you are probably doomed here.

OTOH. TGI Fridays and Dennys are breaking the bank here in Sales. Mostly tico patrons paying double what it cost to eat there than it does in the USA. But I don't see their bottom line so... I think a Dave & Busters or a Chuck E Cheese (type place) could work here if the it had the right management .

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* These are the "Good Ole Days". Enjoy Them.

* RENT but, "Don't Buy a Home in Costa Rica" until you have lived here for THREE years.

duplicate post, sorry

and the post you duplicated is posted where?

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Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

It was here a minute ago. Uh Oh, I am starting to see double again

I think FFF is already an investor.

Twice

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Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

My question is/was to own a business (retail, manufacturing, or service) doesn't 51% have to be owned by a resident or citizen of Costa Rica?

Can the resident or citizen qualifier be a CR corporation?

There is no requirement in CR for a Tico or a resident to own a portion of a business owned by a foreigner. There is no restriction on a foreigner owning any type of real estate other then the restrictions imposed on everyone in the maritime zone.

The restriction that comes into play for those not being a citizen or a permanent resident is the restriction of actively working in the business you own.

_________________
Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

Thank you!

Thank you!

Active or passive investments? Personally, if I had some investable money, I'd find one or more of the successful CR entrepreneurs from CRT, do due diligence and then buy their debt (commercial paper, etc.)--no equity wanted; it might hamper him/them, and I want no burden of ownership.

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"A man accustomed to hear only the echo of his own sentiments, soon bars all the common avenues of delight, and has no part in the general gratification of mankind"--Dr. Johnson
"Amen, brother"-ED

I'm looking for an investment that will give me business reasons to travel to CR.

Consider buyuing a few apartments then letting Century 21 or others handle the day-to-day management. I'd look at tico-type apartments, not gringo-type apartments, dsay near Mall SP or one of the better barrios near city center or neat the university. That investment will be a lot less than one in say, escazu or santa ana.



/dddick