Costa Rica and Canada enjoy a strong bilateral relationship with each other. The two countries relate in terms of trade, investment, people-to-people link, academic exchanges and so forth. Furthermore, Costa Rica is the largest trading partner for Canada in Central America.
Over 10,000 Canadians are resident in Costa Rica; these include thousands of Canadians who travel to Costa Rica every year and also dual nationals. Also, Costa Rica shares a similar view with Canada in terms of free trade, security, human rights and rule of law.
Canadians love Costa Rica for several reasons including Costa Rica’s weather condition, the spectacular landscape and wildlife, the cultural adventure and so forth. Costa Rica has a very low annual property tax of 0.25% and there is no capital gains tax. These and many more make it appealing for Canadian investors.
When traveling to Costa Rica, you need to have the right Costa Rica travel insurance coverage to protect you against medical emergencies, injuries or hospitalization outside the shores of Canada.
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