Several historical factors make Costa Rica the ideal place to farm teak.
A stable political situation, highly developed political institutions, high legal certainty, as well as a developed surveying and land registry institution, satisfy the requirements for a safe investment in real estate.
The Northwestern part of the country, due to its geographic location and climatic conditions, constitutes the ideal area for the production of precious teak wood. Additionally, Costa Rica has a long tradition of teak farming, so that obtaining optimized seedlings, competent forestry enginners and experienced forestry workers is possible.
The following is just a short overview of Costa Rica. Many more details about this beautiful country, known as the “American Switzerland” because or its mountainous terrain, its relative prosperity, and its neutrality in foreign affairs, can be found in Wikipedia under Costa Rica. Costa Rica.
Costa Rica lies over a very diverse and breathtaking landscape. The inland plateaus, the Caribbean lowlands, and the hilly Pacific coast make up the three different geographic regions, which have something to offer for every taste.
Compared to its size, Costa Rica has a very long coastal line. Caribbean and Pacific coasts have wonderful and mostly deserted beaches. Inland there are several active and also inactive volcanoes worth visiting. Protected areas and reserves cover about 27% of the country's total area.
Costa Rica is located in a tropical climate zone. Two distinct seasons govern the country's climate: the rainy season, from May to November, and the dry season, from December to April. The temperature variation throughout the year is quite small. Average temperatures in the Central Valley are 20° C, and 28° C in the coastal regions.
Politics and Economy
Costa Rica has been a functioning democracy for more than 100 years. The army was abolished in 1948 and the freed resoures were invested in development. Compared to its Latin American neighbors, Costa Rica is an exceptionally free land, of which the Costa Ricans are rightfully proud. Costa Rica is a democratic presidential republic, similar to the United States. In 2014, Guillermo Solis was chosen as new president.
The country's great political and social stability, which goes hand in hand with a high level of legal certainty, sets the ideal base for positive economic development. Foreign investors play an important role. In the past, businesses were belonged mostly to the agrarian sector, but nowadays there are IT companies like Intel and Hewlett Packard, and service providers such as call centers and back offices, which provide employment. Private foreign investors have the same rights as local investors and suffer no discrimination.
A bilateral agreement on investment protection and promotion is in effect between Germany and Costa Rica since 1998. In February 2014, a bilateral tax agreement was signed in San Jose, whose ratification by Costa Rica is imminent.