According to an today’s edition of La República, Costa Rica will be one of the countries in Latin America whose economy bounces back starting in 2010. These predictions were made by Miguel Savastano, Assistant Director of the International Monetary Funds (IMF) for the Western  Hemisphere. This information is based on Costa Rica’s financial system being in sound shape and the government’s financial policy which includes protection of the most vulnerable sectors of the populations. The IMF also firmly endorses the fiscal policies of Costa Rica’s Central Bank.

In addition, “Latin America in general, will experience a quicker recovery that the larger economies” according Nicolás Eyzaguirre Director of International Monetary Funds (IMF) for the Western  Hemisphere. He goes on to say that “Latin American and the Caribbean are not confronting a bank crisis like the United States and a large part of Europe.” He goes on to state, “Many countries in the region have responded to the crisis with policies which boost production and employment. The outstanding feature being that six months after the collapse of Lehman Brothers, NO Latin American financial system has experienced a banking  crisis. Liquidity is good and Latin American banks have little dependence on foreign financing.”

While the Costa Rica Real Estate market has softened due to the loss of the American and European clients, we feel this is only temporary. People are beginning to understand the ramifications of letting other people totally manage their IRA’s and that they need a hedge for the falling US dollar.
The very diversified industries of Costa Rica that support the fine educational system and infrastructure speaks to good balance and the ability to weather these kinds of storms.

Costa Rica land is becoming an obvious hedge with the great Brand that Costa Rica is today.

Costa Rica Retirement Vacation Properties has identified some excellent opportunity properties for investors to sit on, medium and large tract developers to build out.

One such central Pacific property is a 375 hectar (935 acre) tract near to the new Quepos Marina, Manuel Antonio, five beaches and much more and is offered at $1.58 per meter. This is and Eco developer’s dream as you can use only 30% and have a build out that will net $1,000,000,000 profit.

If you missed it before, you can have it now if you understand the paths of growth and where to find the versatile properties to achieve this.

For a complete sampling of our private data base of development land and opportunity properties, call Robert at 1 888 581 1786.