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WHY COSTA RICA

ADVANTAGES OF DOING BUSINESS WITH PREINSA IN COSTA RICA

PREINSA operates under the Free Trade Zone of Costa Rica.  This allows PREINSA to provide a product at very competitive price points and allows the entire customs process to be expedited.  The products of the free zones in Costa Rica reach the markets of the United States, Chile, China, Mexico, Caribbean, Europe and Central America, Canada, and China, under the established preferential trade agreements.

 Costa Rica has been successful in its integration into the global economy because of having:

  • An educated and productive workforce
  • A positive cost-benefit relationship
  • Solid infrastructure
  • Good business environment
  • A government committed to the development of the economy.
  • Excellent and varied business platforms and export services: Costa Rica is a platform for preferential access to 1/3 of the world's population, and 2/3 of the global GDP.  
  • 87% of goods exported are performed under preferential trade agreements.
  • A convenient time zone and many flights and connections to the United States and Europe

Costa Rica has great advantages for businesses that wish to outsource product manufacturing to the country, as it has a good infrastructure, air and sea transportation, an educated and skilled workforce, and also a very stable and business friendly government.  

Costa Rica’s commitment to developing its workforce is paramount.  Eight (8) percent of the Costa Rican GDP is invested into education services.  The country has been able to achieve international standards with regard to the protection of Intellectual Property Rights (IPR) and is ranked second in Latin America in the Political Stability and Absence of Violence Index (Worldwide Governance Indicators, World Bank, 2012).

Costa Rica:                                          

The place. The people.The opportunities.

 

Costa Rica has positioned itself as a key destination for multinational companies in a wide variety of industries, such as Advanced Manufacturing, Medical Devices and Services.  More than 250 local companies have chosen Costa Rica as the site to establish their operations due to:

  • The high qualifications of the Costa Rican labor force.
  • Strategic location in the center of the American continent.
  • A stable and transparent business climate.
  • Quality Infrastructure.

 Facts that prove the competitiveness of Costa Rica:

  • Costa Rica is the 1st High-Tech exporter in Latin America of Industrial Products, and 4th in the world. -World Development Indicators 2013, World Bank
  • The top choice among the countries of Latin America to establish global centers of services. -The Hackett Group, 2013.
  • 1st Outsourcing City of Latin America (San Jose) - Top 100 Outsourcing Destinations 2013.
  • FDI per capita = $521. Costa Rica has positioned itself as one of the most competitive countries, above some of the largest economies in Latin America, such as Brazil, Mexico and Chile.

The total FDI flows have grown on average 14.1% every year since 2002.

Source: www.cinde.org

 
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