THE ADDRESS Magazine Summer 2014 - Page 125

AESTHETICALLY STRIKING An ultra-modern showplace home exuding endless quality and style C osta Rica is a gorgeous country with a wide offering: beautiful beaches, the active Arenal Volcano, lush and exotic rain and cloud forests, and a seemingly never-ending range of tropical animal and plant life. Along with its unparallelled and breathtaking scenic beauty, reinforced by a consolidated system of protected wildlife areas, Costa Rica real estate offers potential investors and property buyers social and political stability, excellent schools at all levels, a fantastic healthcare system, and modern communications, transportation and services infrastructure. In addition to its natural beauty, culture, and convenience, Costa Rica attracts many expats with its high quality of life and lower cost of living, along with a gentler pace of life. Costa Rica boasts an enviable history of political stability and democracy. Often referred to as the 'Switzerland of the Americas' for its peaceful political climate, Costa Rica has enjoyed uninterrupted democracy for more than 100 years. It differentiates itself from other countries in the region by having no standing army. Taxes are channelled into education and medicine instead. Most of Costa Rica’s foreign buyers are from North America and Western Europe, with significant interest among Italian, Belgian and French investors. Foreigners in the vast majority of cases enjoy the same rights as citizens when it comes to Cos ta Rica property ownership, meaning overseas investors may own Costa Rica real estate in their own names or companies, without the need of a local partner. 125