Costa Rica’s offshore investment has increased steadily over the past 15 years. The largest areas of growth is still real estate, but new growth sectors in Bio-fuels and Medical Travel have seen a sharp rise in the past 5 years. Costa Rica is a country that has a reputation for being the safest and most business friendly of tax havens in Latin America for new businesses, offshore investments and offshore incorporation. Costa Rica treats onshore and offshore businesses in the same manner. The basis of taxation is territorial, with both residents and non-residents paying tax on Costa Rican income, while foreign-source income is not taxed.
Some Advantages of Offshore Incorporation in Costa Rica:
Tax Free Trading with the US, Territorial Taxation, Name Restrictions (can be in Spanish and English and must end with S.A., to denote limited liability), Trading Restrictions (not permitted to carry out banking, insurance, mutual fund management, public investment management or any associated activity) and Gambling and Gaming licenses (no specific license for on-line gambling activities).
To learn more about offshore investment opportunities and available services in offshore investment, contact The Costa Rica News information department.
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