The 2010 Environmental Performance Index has been released.  Costa Rica moved up two places this year to the third most environmentally friendly country.  The index ranks 163 countries for 25 performance indicators tracked across ten policy categories covering both environmental public health and ecosystem vitality.  Expats, potential expats, and eco-travelers should be comforted that Costa Rica continues to perform better each year, even as infrastructure continues to improve.  With the recent election of Laura Chinchilla, Costa Rica will continue to move forward in a balanced way that respects its biodiversity and natural attractions, while ensuring that financial incentives are offered for the aspiring expat.  One might also ask, Is it safe to live there?  Costa Rica again scored well, registering at #9 on the list of the 10 Best Places to Live For Escaping World Conflict.  Again, Laura Chinchilla has voiced her mission to continue improving the country’s police force.  Costa Rica already records one of the lowest crime rates in the world, but the current and future administrations are dedicated to preserving the culture of peace that embodies Costa Rica.  There has never been a better time to retire to Costa Rica.  As much of the world is experiencing cutbacks due to financial and social strain, Costa Rica is only expanding.  Imports and exports are increasing, jobs are being created, and development has re-started after a difficult 2009, while real estate sales are off the chart.  CONTACT US to schedule your trip to this fantastic country.

by Kevin Brass

The Costa Rican government is promoting a plan to help developers build projects centered on health care facilities for foreign retirees.

New developments would offer clusters of services, including nursing and research facilities, catering to senior citizens looking for an inexpensive alternative to medical care in their own countries

In the wake the global economic slowdown, health care centers are an opportunity for developers to “change strategy,” Minister for Competitiveness and Regulatory Improvement George Woodbridge told La Prensa.

Retirement communities generate “two to three times” the revenue of traditional tourism and real estate projects, Woodbridge said. A population of 10,000 retirees could produce 40,000 jobs and $340 million in foreign exchange, the government estimates.

Last year, medical tourism attracted 30,000 visitors to Costa Rica, according to government data. That number is expected to increase as health care costs continue to rise. The U.S. is expected to generate 1.3 million medical tourists in 2011, according to a report by the Deloitte Center for Health Solutions, which ranks Costa Rica in the top 10 destinations for medical tourism.

Until recently, most of the traffic in the past has been young people looking for cosmetic surgery and dental work, not seniors, Deloitte says.

“With health care at the center of attention in the U.S. this concept could certainly gain ground if implemented properly,” Panama developer Sam Taliaferro notes in his Panama Investor Blog. “If Obamacare gets legs one area that you can be sure will be left out in the cold is alternative health care practitioners. I bet they will head south with technology and skills.”

(For the record, the World Health Organization ranks Costa Rica’s health care system at 36th in the world, one spot ahead of the United States.)

Contributed by Andrew Mastrandonas and Preston Gitlin from CRCommunities

Buying a home site and building your own home can be a daunting task anywhere in the world; it is no different in Costa Rica. However, with proper due diligence, and a realistic evaluation of budgetary concerns, the process can be the most rewarding way to express your dream of living in Costa Rica.

Tips For Finding Your Home Site

• Find your climate. Costa Rica is subtropical, so it seems like a no-brainer to those arriving from the North. However, Costa Rica’s mountainous terrain creates an incredible diversity of micro-climates. A few hundred feet in elevation can be significant. Rainfall amounts can vary, too. For those who can afford to, it is invaluable to see the country in both the dry season and the rainy season.
• Find your town. First, read any one of the fine books published about Costa Rica. You will learn about the town history, the people, what modern conveniences are available, etc. Once you have found a town (or towns) that seems to suit you, plan your trip to Costa Rica to see for yourself. Ultimately, no amount of research is sufficient without experiencing a place firsthand.
• Find your lot. Our communities are in San Ramon and have ocean views. We believe that the location is ideal, and offers a tremendous value. There are some fundamentals for lot buying that should be considered, regardless of location: title, infrastructure availability, and engineering. First, a lot should be researched by a lawyer who can obtain information from the National Registry to be sure that the property is clean, and has no issues outstanding. If the property is in a gated community, very often the developer will purchase a clean corporation for the property in order to make for an easy, less expensive transfer than a person-to-person sale, as well as to make it easy for the buyer to obtain their utilities. We have done this for all of our lots. The second consideration is the ease of installing infrastructure (if it does not already exist). Very often a lot that seems far cheaper than other similarly-sized lots will be raw land. The cost of infrastructure, viability, and placement can be very complicated. Be sure that you know the real state of the lot before purchase, taking into account the cost and time for development. Lastly is the engineering that a lot might require. Some of these “hidden” costs can include driveway engineering and installation, need for retaining walls (VERY costly), resolving drainage issues, creating a plantel (flat, buildable space), and being aware of home placement based on underground springs, nearby rivers, or road frontage.

Tips for Making Your Home Construction Easier

• Have patience. Like anywhere, building a home is not a perfect process. Building a home in a developing country can be an even greater challenge. By selecting a builder with strong references, integrity, and a dedication to quality, you will find the process easier than you might expect.
• Understand your financial situation prior to signing a contract. Obviously, building a home requires a significant outlay of money. Before deciding to start construction, assess your financial situation and determine both how much you can afford and when those funds will be available (if not immediately). Also, don’t only think about the cost of building your home, but what it will cost to live in your home.
• Know what you want. It’s important to have a good idea of what you want in a home prior to signing a contract. This will make the process go more smoothly and avoid costly changes once the process has started. However, this doesn’t mean you have to go it alone. If you are at a loss for ideas, talk to friends and family. Also, and probably most important, describe your needs to your trusted builder so he or she can come up with some ideas that may work for you.
• Communicate. Reputable builders want to build you the home you’ve always dreamed of and will work hard to meet, and oftentimes, exceed your expectations. However, we find that the vast majority of issues arise due to lack of communication or miscommunication. Follow up in writing on all major decisions and don’t assume items mentioned in person or on the phone will always be remembered. Your builder will likely be working on several homes at once, so it’s important you confirm all details.
• Be reasonable in your expectations. We realize that building a home is one of the most important decisions you will ever make, and it will involve a significant monetary investment. Your builder should realize this too. However, just because this is Costa Rica, it doesn’t mean it will be cheap, or it will be similar to building in North America or Europe. Things are different here (to some extent) and oftentimes things move more slowly than in your home country. However, a reputable builder is very experienced at operating in this environment and you should trust their judgment on what’s possible or not possible as you design and build your home.
• Consider micro-climates. Costa Rica has many micro-climates. It might be sunny and 80 degrees in one spot, but windy, cooler and rainy just a few miles away. As you design your home, work with your builder to better understand the micro-climate of the area you’ve selected and how to build a home suitable for that environment.

What Does it Cost to Build a Home in Costa Rica?

The final cost of your home will depend on two factors: how large your home is, and what type of finishes you select. A “cost-plus” basis is usually the best way to ensure that the construction process will be efficient, transparent, and timely. Typically, you can expect to pay roughly between $75 per square foot and $95 per square foot which will include permitting, architect’s work, construction, and the purchase and installation of most finishes such as kitchen cabinets, countertops, and appliances, flooring, kitchen/bathroom fixtures and associated plumbing, and lighting fixtures. Your builder will advise you on the type of finishes possible based on your budget. If you are unwilling to work on a cost-plus basis, a bid will be provided. However, in our experience, a guaranteed cost usually means a significantly higher profit margin for the builder. We’ve also found that sometimes contractors (the dishonest ones) will provide a low bid in order to get the job, but then surprise you later with “that wasn’t included,” etc.

In addition, it is important to do as much thinking and research about the type of home you want, the layout, size and of number of rooms, whether you want a guest house, garage/car port, pool, or other structures, prior to signing a contract. Re-work during the construction process not only can lengthen the time to complete your home but also will likely increase the cost as more material may be needed, walls torn down, etc.

How Do I Pay For My Home?

Generally, construction services are paid for in cash, including an initial deposit and then periodic payments as your home construction progresses. The schedule for payments will be determined between you and your builder. Payment is usually made by wire transfer. It is important to allocate funds ahead of time so construction of your home is not delayed.

How Long Will it Take to Build My Home?

It normally takes between six and nine months to build your home. A number of factors could lengthen the time to build your home including the extent to which pre-work is necessary (such as lot preparation), the size of your home, weather, and the availability of the materials you select. After discussing your specifications with your builder, they will give you a more specific time estimate.

What If I Am Not Living In Costa Rica During The Construction of My Home?

It is preferable to be in the country during the construction process in order to inspect the work on a regular basis. However, this is often not possible for many people. Therefore, your builder should provide frequent updates on the progress of your construction and send you photographs as certain milestones during construction are met (i.e., foundation is laid, roof is put on). If at all possible, it is helpful for you to visit at least a few times during the home construction process, particularly to pick out tiles, cabinets, appliances, and other fixtures.

We hope that this short guide gets you started toward realizing your dream of building a home in Costa Rica. We have years of experience finding land and creating communities. Please CONTACT US as you begin your search — we will be happy to assist you!

Love her or hate her, the election of doña Laura Chinchilla as the first woman president of Costa Rica signifies the majority’s choice for both the continuation of current policies, and the change in cultural perspective that her presidency represents.  She officially takes power on May 8^th with support from other women in the government who now represent 23 of 57 public posts.

Not only has Costa Rica elected its first woman president  (only the 5^th in Latin America, but one of more than 50 the world over since 1960), they have done it by a landslide, as Chinchilla nearly doubled the percentage of her nearest contender, Ottón Solís.

In my local neighborhood of Atenas, there was a marked air of festivity surrounding this year’s election.  The area was draped in the green and white of Chinchilla’s PLN party; caravans and parades would follow.  Costa Ricans who I spoke to said they had never seen such voter turnout and enthusiasm.  While Americans were screaming at their TVs during the Super Bowl, the same level of emotion could be observed by Costa Ricans in front of their TVs:  arguing, debating, and speculating, but fully absorbed by the event.

Doña Laura has been criticized by some as being a puppet-like extension of former President Arias, serving as another “president for the wealthy.”    Since the do-nothing presidency of Abel Pacheco, however, Costa Rica has been observably transformed.  Many were fearful of the swift action proposed by Arias after 4 years of sloth by Pacheco, which produced a very thin victory for Arias in the last election.   But, it seems that an objective look at the state of the nation by most Costa Ricans has led to the conclusion that the current development and change that is taking place will indeed benefit nearly all Costa Ricans.  Moreover, the policy extension can be seen as a willingness to walk the fine line of luring and placating all-important foreign investment, corporate business interests, tourists, and retirees.   If Costa Rica can continue to walk this fine line between the fast-changing modern world, and the slower, Pura Vida-defined world of its heritage, it will continue to be a shining example on the world stage.

Chinchilla has extolled the policies of President Arias, and certainly has not indicated any change in direction to what she cites as, “solid growth and development.”  She intends only to “propel them forward.”  She has also responded to polls that overwhelmingly show the concerns of most Costa Ricans:  crime, insecurity, drugs, and domestic violence.   She promises tighter border control, improved police equipment, and not to shrink from addressing some of the underlying “Machista” attitude taking place behind closed doors.  She believes that by reducing poverty and focusing on the needs of women (with a possible nationalized daycare system), empowerment will follow as opportunities are equalized.

Perhaps the largest gap between perception and reality is with the country’s ailing infrastructure.  The new San Jose-Caldera highway opened under fanfare and media attention, and now provides the ability for people to sail along on a straight, flat road.  However, it is also true that many key bridges, roads, and the nation’s ports remain in poor condition – the president-elect would do well to shore up those lacking areas, lest she encounter more accusations of putting the interest of foreigners, businesses, and the wealthy ahead of the average citizen.

It is a momentous time for the small country of Costa Rica.  As a foreign resident myself, I cannot identify as intimately as Costa Rican citizens with what is at stake, culturally, but I am overwhelmed by the courage and involvement of the people of Costa Rica in coming to such a historic vote.

Michael Anthony

SAN JOSE, Costa Rica — Costa Ricans have elected their first woman president as the ruling party candidate won in a landslide after campaigning to continue free market policies in Central America’s most stable nation.

With most of the votes from Sunday’s election counted, Laura Chinchilla held a 22-point lead over her closest rival. Her 47 percent share of the vote was well beyond the 40 percent needed to avoid a run-off.

The 50-year-old protege of the current president, Nobel Peace Prize laureate Oscar Arias, promised to pursue the same economic policies that recently brought the country into a trade pact with the U.S. and opened commerce with China.

“Today we are making history,” said Chinchilla, who will be the fifth Latin American woman to serve as president when she takes office in May. “The Costa Rican people have given me their confidence, and I will not betray it.”

The closest contender, Otton Solis of the Citizens Action Party, got 25 percent of the votes. He and the other main rival, Libertarian Otto Guevara, quickly conceded defeat.

It was unclear, however, whether Chinchilla’s National Liberation Party would gain a majority in congress.

Analyst Heather Berkman of the Eurasia Group said coalition building without a majority would likely delay or derail controversial fiscal reforms to shore up government finances and energy deregulation.

The third-place candidate, Guevara, congratulated Chinchilla as “our president,” but he also pointed out the new political muscle of his tax-bashing Libertarian Movement Party. He won 21 percent of the vote.

Arias’ economic policies helped insulate Costa Rica from the world economic crisis as he kept a high profile on the world stage as a negotiator in Honduras’ political crisis after a coup deposed President Manuel Zelaya in June.

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The area around Rincon de la Vieja, Guanacaste is a richly fertile diverse location that is continuing to benefit from the growing interest in the Northwest area of Costa Rica. The Liberia International airport has brought full connectivity to the region both nationally and internationally. The center of Liberia is full of shops, restaurants, and all modern conveniences. The small town of Canas Dulces is just 30 minutes from modern development, and yet is located in the foothills where the weather is substantially cooler at 1,500 feet above sea level, and commands stunning views of the surrounding countryside, as well as some of the best sunset views in the country over the Gulf of Papagayo. The new sustainable community of Rancho San Roque has taken advantage of the wealth of natural resources, as well as the convenience offered by an international airport and proximity to a major town. We believe that these 1.25 acre lots are a tremendous value starting at $50,000.

Property Highlights:

* 37 titled lots

* 1,500 foot elevation offers much cooler weather than the Guanacaste coast

* Many nearby activities

* 40 minutes to Liberia international airport

* 30 minutes to Liberia city center — many shops and restaurants

* Permaculture design focused on self-sufficiency

* OWNER FINANCING AVAILABLE: $20,000 DOWN $608 PER MONTH FOR 5 YEARS

Property Description:

New sustainable community nestled in the foothills of Rincon de la Vieja volcano in Guanacaste, Costa Rica has 37 titled lots of 1.25-acres (5000M2) each. Pristine country setting in an area famous for nature-loving adventure sports like canopy tours, rappelling, horseback riding, hiking, mountain biking, thermal baths, and much more. Only 30 minutes to Liberia center, 40 minutes to international airport, and less than an hour to Northern Pacific beaches.
Situated above 1500ft elevation with a cooler mountain climate, the majority of lots are flat and entirely usable while offering sweeping views of the Guanacaste countryside, the Rincon volcano, mountain ridges and sunsets over the Pacific.

The community is being developed in harmony with nature using the rich volcanic soil for a permaculture project creating edible forests, organic gardens, aquaculture ponds, and small livestock. The community center will include a pool, fitness center, sporting and wellness facilities.

The developers are offering special pricing of $50,000 per lot during the development phase. Developer financing is available for $20K down, $608/mth for 5 years. Excellent investment and beautiful setting for full-time natural living in Costa Rica.

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