Costa Rica’s Free Trade Zone (FTZ) regime, established in 1990, has been instrumental in attracting foreign investment, particularly in sectors such as manufacturing, high-tech, life sciences, and renewable energy. A pivotal development occurred with the introduction of Law 10234 in 2022, creating a new category focused on promoting ecotourism outside the Greater Metropolitan Area (GMA).
Import raw materials and equipment without duties, reducing overall production costs and enhancing competitiveness.
To qualify for FTZ benefits, a minimum investment of $5 million in depreciable assets is required, with the opportunity to spread this investment over eight years. Your project must also create at least 50 local jobs within three years, fostering economic growth in the community.
By taking advantage of the FTZ regime, your investment in The Sanctuary aligns with Costa Rica’s commitment to sustainable development and opens doors to significant economic opportunities.
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