For those that are on the real estate business in Costa Rica this news should represent no big surprise, for the current sales for beach condos, luxury homes in the city and different terrains for future business development projects have certainly been gaining “momentum” as this years keeps on going.

This is due to many different factors; but those that appear to be the most consistent among the customers and new investors are: Costa Rica’s fame as a “green” paradise, the love for the nature and arts among its citizens; a growing working force with enough potential to be successful in any task, and a strategic geographical location.

For those of you that really want a “better picture”, this posts are a must read in order to understand why Costa Rica must be taken into consideration as a “small giant”

Why Costa Rica’s popularity is growing as the new “India”

Costa Rica Job Fair Scheduled For this Week

Hewlett Packard looking to hire 5000 new agents

I know it seems like a lot to read; but is well worth it (Trust me)

According to reports from the Economic Commission for Latin America and the Caribbean (CEPAL) Costa Rica has been moving up the charts (Regarding foreign Investment) making a total amount of $1.889 million for 2007, leaving behind all the countries in the Caribbean; and other countries like Panama, Venezuela, Bolivia and Uruguay just to name a few.

So where is Costa Rica in the “pop” chart?

Currently the number 1 spot is taken by Brazil, who is followed by Mexico, Chile Colombia, Argentina, Peru and Costa Rica in the 7th place; never the less before I continue I would like to draw your attention to one fact that must be addressed before moving on, for those countries that are “ahead” of Costa Rica in terms of foreign investment, have more than 4 times the physical size of Costa Rica.

And yet the Central America “small giant” is catching up one position at a time.

The Business panorama is looking good for Costa Rica in 2008; but as I have mentioned before in previous posts, there is still a lot of work ahead. The good news however are that the Costa Rican government is working on new projects to upgrade the country infra structure, as well as promoting new campaigns in order to raise the bar in educational programs. That would translate directly into more investment opportunities for the country, and better chances of employment for the population.