When she came back from her two week vacation in Costa Rica to icy Minnesota, Sara was haunted by memories of the way her toes had taken to the warm white sand and the way her heart had taken to the people. Echoes of the rolling surf chased her though her days at the office and had her daydreaming like a lovesick teenager. At night, she found herself scouring the Internet for "Real Estate in Costa Rica" and recalculating her budget until the wee hours of the morning. Finally, bleary-eyed and convinced that she couldn't live without this fascinating Latin American country in her life everyday, she traded her two-storey brown brick home for a condo on the beach and has never looked back.
Sara's story isn't an isolated incident. There are an estimated 250,000 foriegners living in Costa Rica to date and with few barriers to living, working and investing in this country, the population of expatriates grows bigger everyday. As the demand for Costa Rica real estate increases, so do the options for foriegners who want to make their vacations last a lifetime. For brave travelers like Sara, it's green lights all the way.
Known as the The Silicon Valley of Latin America, Costa Rica has plenty of opportunity for employment in the high tech industry. Companies like Acer, Microsoft, GE, Abbot Laboratories, Continental Airways and Intel Corporation all have headquarters in Costa Rica. A founding UN nation with political neutrality and no military, Costa Rica is peaceful with good international relations. The democratic government is generous in both its progressive environmental protection policies and its care for its population. Fittingly, the quality of education and health care compares favorably with countries like Canada and the US. In fact, Costa Rica boasts an even higher literacy rate than the US (95%). Low crime rates and world class surfing along the 1800 km coastline also add to Costa Rica's undeniable allure for Americans of all ages.
Condominiums are still the hottest investment opportunity for people looking to make their beach time last longer than a two week vacation. Offering security and amenities that single family homes simply can't, these mini-communities let you recognize a long time dream with very little risk. Twenty-four hour security, property management services, enhanced services and even shopping are just some of the built-in amenities you can expect in these developments. Real estate remains affordable and with a median home price of just 300K can you afford not to invest?
Of course, if you're not ready to take the plunge and become a permanent resident, Costa Rica is still a prime location for a second home or an investment property. Condo ownership allows residents to enter into property management arrangements quite easily and turn the property into a rental income when you're not using it.
REVA Drives into Costa Rica REVA Electric Car Company (RECC) entered the Costa Rican market with the launch of the REVAi electric car. President of the country, Dr. Oscar Arias formally launched the car at the National Institute of Biodiversity (INBio) on March 13, 2009. Prominent ministers and officials from the government and representatives of the automotive industry were present at the launch. Vehiculo Electricos Company will import and distribute the REVA cars in Costa Rica. Costa Rica aims to be the first carbon neutral country. Having test driven the REVAi during the launch, President Dr. Oscar Arias said, ?REVA is noise-free, pollution free and is also economically efficient. It is nice that REVA chose Costa Rica to launch in Central America, since this is a country with a tradition of environmental protection."
Addressing the dignitaries, Costa Rica President Dr. Oscar Arias stressed ?Climate change is extremely threatening to humanity and we need to stop emitting large amounts of carbon dioxide into the air. REVAi is the ideal solution and is the need of the hour."
The launch of the REVAi reiterates the Costa Rican government's initiatives with a strong political commitment to fight environmental degradation processes and their efforts towards reducing emissions in Costa Rica. The REVAi launch was widely accepted by the academic sector and environmental organizations as a joint effort by the Costa Rican government and REVA Electric Car Company to reduce the impact of emissions that prove damaging to our health and the environment.
Chetan Maini, Deputy Chairman & CTO, RECC, complimented the efforts of the Costa Rican Government and said, ?Costa Rica has always been extremely dedicated to protecting the environment and the launch of the REVAi is another step towards combating climate change. We have received a lot of interest in the REVA from the markets in Central America and the launch in Costa Rica will help drive the REVA into other markets in the region.?
With considerable success in European and Asian markets, REVA is now gearing up for a stronger road presence in Costa Rica.
About REVA Electric Car Company Pvt. Ltd:
REVA is the brand of the REVA Electric Car Company, a Bangalore-based company formed as a joint venture between Maini Group ofIndiaand AEV LLC of California and venture-backed byUSinvestors Global Environment Fund and Draper Fischer Jurveston.
REVA has been acclaimed by popular corporate magazine inIndia- Business World - in 2006 as one of theIndia's ?Cool Companies? and technology innovator. It is the first company worldwide to successfully commercialize electric cars.
Today REVA is selling or test marketing in 21 countries across Europe andAsia, Latin & Central America and has the largest deployed fleet of electric cars on the market with over 3000 EVs on the road and more than 65 million kms of user experience.
In recognition of its technology leadership REVA is the recipient of the Frost & Sullivan 2008 Automotive Power train Company of the Year award.
Both Nick Viale & Octandigital are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Nick Viale has sinced written about articles on various topics from Family Travel, Real Estate and Real Estate. Nicholas Viale has over twenty years experience as a professional real estate agent. He has lived and worked in the for over. Nick Viale's top article generates over 9900 views. to your Favourites.