The largest Costa Rica Information SiteCosta Rica Flag Read good books

The Business Environment

Previoust Page 114 uNext
Custom Search
Content
Home / Preface
5 - Costa Rica in Brief
6 - Map of Costa Rica
8 - Symbols of Costa Rica
9 - Introduction
12 - Getting a Bird's Eye View
14 - Why Choose Costa Rica?
18 - Costa Rica Has Many Firsts to its Name
22 - A Place That Accepts All Races
30 - The Friendliness of the Costa Ricans
33 - Ticos are Individualistic
35 - Ticos Are Different and Procrastinators
38 - Why Others Have Gone Abroad
42 - Specific Reasons for Leaving Home
45 - Culture Shock
48 - Enjoy Your Retirement by Adjusting
49 - Ways to Adjust to Your New Life
56 - Making Your Stay More Satifying
58 - Cost of Living
67 - Addresses and Directions
69 - Your Car and Driving
71 - How Not to Be Obnoxious to Locals
74 - Adjusting to the Weather and Climate
76 - Choosing the Right Climate for You
77 - City Living versus Country Living
79 - Where to Live in Costa Rica
82 - Living in Your American Style
84 - Top Quality Health Services
87 - Medical Centers in San José
89 - Dying in Costa Rica
91 - Security and Safety in Costa Rica
94 - Personal Experiences of Petty Thievery
98 - Sex and Romance
101 - Going into Business Yourself
105 - Expatriates Production Enterprises
110 - Expatriates Service Businesses
114 - The Business Environment
120 - Helpful Tips for the Newcomer
125 - National Holidays and Festivities
128 - Religion, Churches & Support Groups
131 - The Optimism and Health Link
133 - The 8 Point Formula for Anti-Aging
134 - Obtaining Insurance
136 - Early Colonial History in Brief
139 - English Language & Tico Expressions
144 - Misdemeanors That Are Now Felonies
146 - Closing Words
148 - Bibliography
149 - For More Information and Contacts
151 - Appendix
155 - Index

Necessary to Consider the Business Climate

A poll taken by The Economist Magazine published in Great Britain in September 2002 asked top executives of important multinational companies living abroad their opinion on which was the best foreign city to work and live in. Tied, sharing the honour of being the two most desirable cities in Latin America, were San José, Costa Rica, and San Juan Puerto Rico.

Main reasons for choosing these two cities were: proximity to the United States by air, ample availability of flights, political, social and economic stability, great variety of good schools for their children, easy access to hospitals, top quality medical care, and nearness to tourist destinations such as mountain and beach resorts.

The results of the above poll are very gratifying and certainly the successful executives that were inquired took into consideration that doing business in Costa Rica is somewhat different from doing it in the United States or in most of the European countries. That's because of the nature of the economic environment and the more general institutional setting within which business activities take place. Several factors, which are largely beyond the control of the individual enterprises, have a vital bearing upon the smooth functioning of the business. They require that effective management techniques be adapted as required to the specific conditions of the area.

The following are some aspects of the business environment which an enterprise must take into consideration and deal with in Costa Rica. This is true for most of the rest of Latin America.

Support facilities are not always available

If you have a technical or management problem it's not easy to find someone who can help solve it. Good technicians and advisors are not always available when you need them. If you have a manufacturing facility and quickly need a particular spare part to keep your machines running, sometimes it's impossible to find it locally. So you must search abroad for it and lose precious time. In past years I saw rice crops on the verge of being lost because a harvesting machine needed a spare part and the dealer in San Jose didn't have it in stock.


Order How to Retire Happily in Peacefull Costa Rica

All texts of How to Retire Happily in Peacefull Costa Rica are copyrighted © by Frank J. Thomas Gallardo and Editorial Texto Costa Rica. We recommend to buy a hard copy of How to Retire Happily in Peacefull Costa Rica.