Costa Rica information, activities and news
Airlines are really getting slammed these days with oil prices. Like, the other day I was on a trip on a budget airline. The flight attendant asked, “Would you like dinner?” I asked, “What are my choices?” And she said, “YES or NO.”
– Funny home videos are a click away
The recent passage of the General Telecommunications Law (LGT – Ley General de Telecomunicaciones) cleared the way for the entrance of new competitors into the Costa Rica mobile market. Signals Telecom Consulting points out that America Movil, Digicel, Millicom and Telefonica are the most important candidates for launching operations in a market that is attractive for various reasons: low mobile teledensity (less than 40%), high ARPU levels (the highest in Central America) and the absence of a prepaid market.
Signals estimates that during the 2008 – 2013 period, the arrival of new operators will fuel a lines CAGR of 20%. Also, mobile telephone invoicing levels will surpass the US$ 5.895 billion mark for the same period. (more…)
Costa Rica is an attractive country for foreign investment in Latin America. The Costa Rica government and financial institutions maintain a pro-US stance in doing business. Many new trade laws are being looked at and will only make doing business better for the foreign investor. The economy is being transformed from its dependence on coffee and bananas to one of foreign trade and high tech communication services.
Not only does Costa Rica have good drinking water, but also Wi-Fi Internet in the parks and malls around the country. Costa Rica is on the cutting edge of not being considered a third world country. They are up to date on services desired by the foreign investor. High speed internet is being extended across the country by ICE ( Costa Rica Institute of Electricity ). The one and only phone company of Costa Rica. In a way this monopoly has worked to be an advantage because the services offered are rapidly expanding throughout the whole country. Unlike smaller phone companies that could not offer cutting edge technology in remote areas.
Costa Rica is definitely on the top list of countries to invest in. High tech companies will spur the export boom. Costa Rica will continue to grow. Land, housing, and commercial properties will continue to be an investment now and your portfolio of wealth for the future.
Gap Investors Ltda is a Costa Rican company, incorporated in 2000, specializing in brokering syndicated loans, which are loans offered by a group of lenders, to provide funds for a borrower for real estate development in Costa Rica secured by borrower equity.
Simply put, gap financing, otherwise known as bridge financing or interim financing, allows developers with equity to “bridge the gap” to the point where conventional bank loans are available. Borrowers who own real estate with high development potential can use gap financing to get their projects off the ground quickly and reach the point where an established bank will finance their projects at conventional interest rates.
Gap Investors brings years of experience in investing in Costa Rica, with legal, marketing and development expertise working to make your investment pay off.
