So here are a few examples of the 'truth' that affects Costa Rica real estate of the 9th May 2008:

1. Costa Rica remains a safe and peaceful haven for many real estate investors and entrepreneurs from other countries in Central and Latin America.
2. With the Central American free trade agreement a 'done deal', real estate investors, business people and entrepreneurs are no longer in a 'wait and see' mode, they are now coming here from the USA, Mexico, Spain, Germany and other countries in Europe.

Foreigners just love going to Costa Rica, and sometimes those planned short visits could make one ponder and consider the possibility of staying in the Central American country after retirement.

The 19,730 square mile nation is said to be the most visited at least in the Central American region. In year 2007 alone, it was reported that 1.9 million foreigners went to the country.

So what makes it attractive to foreigners? What makes Costa Rica one of the best places to retire? Was it the fact that it has a long history of uninterrupted democracy or political stability for the past 115 years?

Costa Rica real estate has been steadily increasing in price largely as a result of the popularity the country has garnered from a sub-tropical climate, coupled with a stabilizing economy and a pro-American political government. This Latin American nation is the first choice among retirees looking for a change of climate and culture. There are relatively few restrictions to property ownership, but the two most important ones are these:

• The Costa Rican government provides broad rights of possession to squatters who occupy the property of absentee owners.
  
• The government restricts the usage of all beach front property which is within 50 meters of the coastline.

PURA VIDA COSTA RICA