Videos
Starting a business in Costa Rica
Low taxes and overhead afford business owners more opportunities for success
While some believe starting a business in Costa Rica is difficult, William from Casa de Costa Rica has a different view. Drawing upon his 20 years of business development expertise, William built a company in La Fortuna that has prospered.
This video offers a light-hearted comparison of business start-ups in Costa Rica vs. in the United States and Canada. While 90% of new businesses in North America fail in the first five years, that’s not often the case here. The low cost of raw materials and labor, combined with low taxes (flat 7% vs. 30+%) and user fees, affords business investors greater profits. Higher profits means it’s more likely the business owner will succeed.
As William explains, a US company might need to generate $72,000 in monthly sales to get a $3,600 monthly profit. However, the same company in Costa Rica would need less than $10,000 in sales to achieve the same $3,600. Business owners who couldn’t succeed in the States can succeed here, even in spite of themselves.
Source: www.youtube.com
Become an Uber driver in Costa Rica
Torsten Kunert explains how he became a Top 1% Uber driver in Los Angeles, California. By following his advice you can do the same in Costa Rica. Learn what Uber customers expect, how much you can earn each day, what you should provide your riders to maximize tips, and much more…
How do I become a resident in Costa Rica?
Learn the differences between temporary and permanent residency. What documents do you need to apply for residency? How does the application process work? How long does it take? What are the income or pension requirements? What are the benefits of having residency? Can non-residents work in Costa Rica?
Immigration and working in Costa Rica
Canadian-Costa Rican attorney Rick Philps shares what you must know to legally own a business or work in Costa Rica. Temporary residents – those living in the country for less than three years – are not allowed to take the job a local, Tico, is able to do. After the three year period, one may apply for permanent residency. Permanent residents have no restrictions regarding employment. Much of the information you’ll find online about working here is out of date. Be sure to consult with a reputable attorney for assistance regarding residency, work permits, and owning property.
The pros and cons of buying a business
Many expats will tell you it’s easier to buy and run a business than work for someone else here. Michael Alan interviews an expat about buying an existing business, hiring employees vs. working for himself, government red tape, and much more…
Can Expats work in Costa Rica?
Michael from TravelCostaRicaNow.com explains the pros and cons of expats finding work in Costa Rica. In most cases, it’s easier for expats to start a business and hire local Ticos than to get a work permit themselves…
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