The good, bad and ugly of doing buisness in Costa Rica.

[julieferg]

Has anybody else received Randy Bergs email newsletter today?

“We made the decision to close some projects. The ones that simply were not producing. We didn’t have a choice, because we could not continue. If we were in the States, bankruptcy would have taken place. But not in Costa Rica.”

He lists six points “as being the “ugly” side of the “good, bad , and ugly” in Costa Rica.

It’s not very flattering for Costa Rica but I guess I’m not surprised really because as far as I know even after all these years living in Costa Rica Randy and his wife could not speak Spanish.

But maybe I’m wrong.

Do you think it’s possible to be successful developing real estate in Costa Rica and often focusing on the Ticos themselves without speaking the language?

[waggoner41]

Costa Rica is a beautiful country with amazingly friendly and helpful people It is a country to immerse yourself in and enjoy to the fullest.

It would seem to me that anyone who has spent any amount of time in Costa Rica and can not speak to the Ticos in their own language is not here for any good reason except to live high on the hog on the cheap.

Is it no wonder that some of the Ticos disrespect us expats?

[Andrew]

I certainly do not think it would be sensible to try developing real estate in a Spanish speaking country without speaking Spanish but I don’t actually know if that’s the case here…

Scott

[davidd]

Costa Rica is terrible doing business

and I am not talking about online/real estate commissions I am talking about brick and mortar type business.

this country.. unless you have large budgets and money is not a concern.. then you can always pay your way out

like walmart or some of the larger companies here

BUT small business forget it..

if you find a little niche.. then maybe.. just maybe you can make a few sheckles.. as long as you stay under the radar so to speak

but not worth the hassle in my opinion and this is from vast experience here.

Costa Rica has advanced in Tax theft and its collection methods are ever increasing. The good news is that they are only brick and mortar level and I don’t see them getting to the level of stealing from online companies..

for example a tica friend started buying clothes and items from the U.S. to try and sell here..

she opened up a small shop.. but between the ever increasing taxes and harassment from local municipalities she was NOT making any money

so I guided here thru a change and we eliminated her store front completely and set her up online , the only thing she did was get a high speed internet connection, and also a costa rica VOIP number.. m. so now sales are good and she can support herself and her kids instead of relying on the government.

or some man to take car of her. and she gets most of her clients on facebook.

NO SHOWROOM NO PERMITS NO TAXES

so you have I would say 10 -15 years.. but who knows if the whole monetary system wont collapse before then.. which I think we will see this i the next 10 years.

Fiat currency.. if you research this out in the history of mankind there have been hundreds of various Fiat Currency around the world.. and they ALL at some point FAILED

the dollar is just a matter of time.

[quote=”Scott”]I certainly do not think it would be sensible to try developing real estate in a Spanish speaking country without speaking Spanish but I don’t actually know if that’s the case here…

Scott[/quote]

[davidd]

BTW if you do some dillgence you will notice

China buying and storing large amounts of gold.. and many countries are setting up bilateral agreements with their currency’s to by pass the dollar when doing trade..

Iran, China, Russian, Africa, etc are getting on this trend

[quote=”davidd”]Costa Rica is terrible doing business

and I am not talking about online/real estate commissions I am talking about brick and mortar type business.

this country.. unless you have large budgets and money is not a concern.. then you can always pay your way out

like walmart or some of the larger companies here

BUT small business forget it..

if you find a little niche.. then maybe.. just maybe you can make a few sheckles.. as long as you stay under the radar so to speak

but not worth the hassle in my opinion and this is from vast experience here.

Costa Rica has advanced in Tax theft and its collection methods are ever increasing. The good news is that they are only brick and mortar level and I don’t see them getting to the level of stealing from online companies..

for example a tica friend started buying clothes and items from the U.S. to try and sell here..

she opened up a small shop.. but between the ever increasing taxes and harassment from local municipalities she was NOT making any money

so I guided here thru a change and we eliminated her store front completely and set her up online , the only thing she did was get a high speed internet connection, and also a costa rica VOIP number.. m. so now sales are good and she can support herself and her kids instead of relying on the government.

or some man to take car of her. and she gets most of her clients on facebook.

NO SHOWROOM NO PERMITS NO TAXES

so you have I would say 10 -15 years.. but who knows if the whole monetary system wont collapse before then.. which I think we will see this i the next 10 years.

Fiat currency.. if you research this out in the history of mankind there have been hundreds of various Fiat Currency around the world.. and they ALL at some point FAILED

the dollar is just a matter of time.

[quote=”Scott”]I certainly do not think it would be sensible to try developing real estate in a Spanish speaking country without speaking Spanish but I don’t actually know if that’s the case here…

Scott[/quote][/quote]

[costaricafinca]

New residents that decide to open a business, at the beginning tell us how well things are going, as well they may be, but sooner rather than later, things change and often the business simply ‘disappears…’ for any number of reasons.

[Author]

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