Central America is a place of vibrant beauty and home to great business centers like Costa Rica, an emerging investment destination, and Panama, which continues to be the region’s principal business hub.
Why Costa Rica?
Nestled between Nicaragua and Panama, with its lush rain forests and pristine beaches, Costa Rica is both an important emerging market in Central America and a world renowned tropical paradise with impressive biodiversity. Costa Rica boasts a competitive economy and stable growth rate, and enjoys one of the highest levels of foreign direct investment per capita in the Americas. Costa Rica is ranked fifth in the world (first in the Americas) on the Environmental Performance Index and first in the Happy Planet Index. Costa Rica disbanded its armed forces in 1949 and is often referred to as “the Switzerland of Central America.”
Known for its rich culture and vibrant beauty, Costa Rica is also an emerging destination for foreign investment in Latin America, particularly from the United States. One of the pillars of Costa Rica’s economic development has been trade liberalization, which has allowed exports to exceed 40% of GDP.
The Republic of Panama is Central America’s southernmost country, connecting North and South America. Beyond its famous canal (one of the 7 Wonders of the Modern World), Panama still wows visitors with vast jungles and islands that hold amazing biological diversity. Panama City is the exciting and rapidly developing hub of business and culture - a vibrant and diverse metropolis with an abundance of excellent dining and nightlife options, as well as a wide variety of options for company visits and day trips.
Panama is a dollarized free market economy with the highest growth rate in Latin America in recent years. Economic growth will be bolstered by the Panama Canal Expansion Project, recently completed in 2016 at an estimated total cost of $5,4 billion USD. Panama’s highly developed services sector and booming transportation and logistics sector offer an enticing array of opportunities for investment for US and other foreign companies.