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From 2000 to 2007 Costa Rica had a real estate boom, however due to the World-wide economy, it went into a slump from 2007- to late 2009. But that has changed. Real estate buying is on the rise in Costa Rica as retirees and investors discover the value and variety of properties available in this country. With medical costs lower than that of the U.S and cheaper living expense, more and more baby boomers are looking at Costa Rica. With the proposed redevelopment of Limon and China's proposed refinery, Costa Rica is slowly becoming a first World county.

One of the main reasons of this is because foreign owners have the same rights as locals to own property in Costa Rica.

Even if the laws of buying are different than in North America, with proper legal and agent representation, you should have no problem making wise and secure investments in Costa Rica. This is why it is very important to make sure you get a competent and qualified agent or broker. Make sure you get references, get a list of their listing, and how many sales they have had in the last year. Once you have done your homework, you are ready to do business.

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