many countries in the region have responded to the crises with policies that boost production and employment. The outstanding feature being that six months after the collapse of Lehman Brothers, no Latin American financial system has experienced a banking crisis. Liquidity is good and Latin American banks have little dependence on foreign financing.
Dublin, Ireland (PRWEB) July 8, 2009
Costa Rica Invest's premier project Finca Di Pacifico Dos is an ideally located teak plantation overlooking the Gulf of Nicoya and on the Pan-American Highway halfway between the two international airports of San Jose and Liberia. The land is currently being subdivided on the Cadastral (land registry) and each lot will come with permission to construct one holiday villa.
A teak plantation with 12 to 14 year old teak Finca Di Pacifico Dos represents an ideal investment or future development opportunity.
The returns from the teak growing on each development lot provides a secure return whilst the land has the potential to provide spectacular returns or the lot owner can develop their own holiday villa on their own piece of paradise.
In line with other land prices and progress towards cadastral registration prices in Finca Di Pacifico Dos have increased by between 21% and 31%.
The Economist Intelligence Unit Limited, a research and advisory company providing country, industry and management analysis worldwide, has published a study titled "Manning the Barricades, who's at risk as deepening economic distress foments social unrest" In this report the no 1. emerging economy in Central America, Costa Rica, is ranked the 7th most politically and socially stable country in the world. In this report The Economist issued a detailed forecast outlining the current world economic crisis and its possible effects on political stability in 165 countries worldwide. Within the report individual countries where ranked for vulnerability to political instability.
Costa Rica is still a developing nation but with more teachers than policemen, ranked 5th in the world in terms of environmental performance, plans to be carbon neutral as a nation by 2021, no army, and a stable democracy it represents an incredible investment opportunity.
Costa Rica also boasts a stable national banking system that didn't get involved in the high-risk lending practices experienced in other countries.
Of course the Costa Rican economy has not been unaffected by global economic conditions but Costa Rica's stability continues to attract foreign investment, and has kept domestic and foreign driven construction projects online even as funding sources have become more conservative. The IMF predicts that Costa Rica will recover quickly from the Global Financial Crises and Costa Rica Invest offers a unique opportunity to invest in and benefit from Costa Rica's future growth.
James Cahill, Managing Director, comments on the Economist Intelligence Unit report "whilst many people may be surprised to see that Costa Rica features as the 7th most politically stable country worldwide with one of the lowest chances of social unrest being caused by the current global economic conditions, it comes as no surprise to us. Costa Rica is the principal emerging economy in Central America building on many years of stable democracy. This stability and security will encourage further inward investment into Costa Rica, further economic growth and ensure further great returns for our investors. Finca Di Pacifico Dos is now 83% sold as more investors become aware of the incredible medium term investment opportunity which we offer."
The International Monetary Fund (IMF) also has very positive news about Costa Rica with Miquel Savastano, Assistant Director of the IMF (International Monetary Funds) Western Hemisphere region, predicting that Costa Rica will be one of the first countries whose economies will recover in 2010. He bases these predictions on the sound financial and fiscal policies of the Costa Rican Government and Costa Rican central bank whose fiscal policies the IMF fully endorses.
More positive news comes from Nicolas Eyazaguirre, Director of the IMF Western Hemisphere region who is quoted as saying "Latin America in general will experience a quicker recovery than the larger economies" because "many countries in the region have responded to the crises with policies that boost production and employment. The outstanding feature being that six months after the collapse of Lehman Brothers, no Latin American financial system has experienced a banking crisis. Liquidity is good and Latin American banks have little dependence on foreign financing."
In December 2008 the IMF reported about Costa Rica "the country can confront the challenging global environment from a position of relative strength. The prudent fiscal stance of recent years provides the authorities with some room for maneuver"
Costa Rica Invest specialises in eco-friendly, ethical, high yield investments. All projects are based in the best locations in Costa Rica, consisting of plots of development land with an environmentally friendly angle. Their current development in 'Di Pacifico Dos' combines a teak commodity investment traded in USD on plots of land zoned for development. With a double investment in locations where land prices are increasing rapidly, backed by a sound commodity that is constantly 'growing', is it any wonder they have so many repeat investors creating wealth naturally?
For more information, including high resolution images and case studies, press only:
Judy Ferguson, +353 (0)1 272 4184, pr (at) costaricainvest (dot) ie
Costa Rica Invest specialises in enironmentally friendly, ethically responsible, high yield investments, primarily in Costa Rica. Di Pacifico Dos is Costa Rica Invests current project investing in development land with the added value of teak trees.
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