Starting Your Own Business in Costa Rica

costa-rica-beach

You wake up early for work. But you’re not slapping at the alarm clock in disgust, then rushing out the door for a long commute. You want to get up…you’re looking forward to the day.

You get to enjoy that first cup of coffee as the rising sun makes the Pacific glitter…watch wildlife—toucans, parrots, even monkeys—make their morning rounds in the trees…and bask in praise from departing guests who’ve had the time of their lives, thanks to you.

As an innkeeper in Costa Rica, this could be your workplace. Whether you’re running a B& B, a cozy boutique hotel, or even cabins in the jungle, there’s a lot to like about your “job.” Not least its location…

Costa Rica is beautiful, convenient to North America (no more than two to eight hours from any of the main cities, or those in Canada), and relations between the countries have always been familiar and friendly.

Its varied beauty—Caribbean and Pacific coasts, waterfalls and volcanoes, hot springs and cloud forests—attracts tourists in droves (2.3 million last year, up 6.6%). The vast majority of these will tell you the Costa Rican people are welcoming and warm. Factor in a business-friendly culture and it all adds up to a paradise for expat entrepreneurs.

If you’re looking to open a B&B abroad, this land of pura vida (pure life) makes it simple to get set up. There are no restrictions in Costa Rica on foreign business ownership. You don’t even need to be a resident. A standard 90-day tourist visa allows you to buy an existing business, like a hotel or B&B, or to build your own.

And you don’t need prior experience either—though, of course, folks with a background in the hospitality industry often gravitate toward the same business in Costa Rica. All you really need is a yearning to do something with your life, a sense of adventure, and a willingness to take a risk on a new experience overseas.

Scott Dinsmore, 47, and David Russell, 52, both from Dallas, led very different lives before they took over El Castillo, a quiet hotel on the southern Pacific coast that they’ve run for a year and a half.

“We knew we wanted to do something that was more of a lifestyle, and that would let us do a bit less as we got older,” says Scott, who owned an advertising agency specializing in travel for 15 years. David went to culinary school, which has helped him create one of the top restaurants in the region: the Mediterranean-themed Azul, located at the hotel.

“What we’re after…it’s more about experience,” says Scott. “Owning a small hotel allows you to ‘touch’ every guest. It’s a great vacation for them and a great experience for us. And we get to live in a beautiful place.”

Part of that commitment means attending to guests from early in the day at their five-suite, ocean-view, Spanish colonial-style villa, 600 feet above the beach near the town of Ojochal.

But Scott and David always take time to get off-property—either the beach or a local gourmet restaurant—for lunch. And they never miss a sunset happy hour with guests. The back deck, where the infinity pool is located, overlooks the Pacific and a small island, Caño, just off shore. “The nice thing is that everybody goes to bed early,” says Scott.

Then there’s Tom Keller, 61, and Zoe Courtier 53, own Geckoes Lodge, in the southern Caribbean right down the beach from Eddie’s place. Or husband-and-wife team José Luís Torrico, 41, and Dovile Vaigauskaite, 32. He was an insurance broker and she a lawyer for the European Commission, when they decided to leave their old careers behind and buy a mountain B&B above the town of Grecia. It’s called Mango Valley and offers views of the Central Valley below.

Free Costa Rica Report:

Learn more about Costa Rica and other countries in our daily postcard e-letter. Simply enter your email address below and we’ll send you a FREE REPORT – Why Are Americans Still Flocking to Costa Rica

This special guide covers real estate, retirement and more in Costa Rica and is yours free when you sign up for our IL postcards below.

Get Your Free Report Here

No spam pledge. We value your privacy.

 

Further Reading

Comments

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

    Need a Way to Fund Your Life Overseas?

    Before you go sign up for our Fund Your Life Overseas e-letter and we’ll immediately send you a FREE RESEARCH REPORT on six portable careers you can do from anywhere in the world.

    You’ll hear from us five times a week, telling you about ways to earn income that lets you live anywhere, travel anytime… and give you the funds to make your overseas dream real.

    Enter your E-mail Address Below
    We Value Your Privacy
    Click here for our Privacy Policy
    ×

    Wait – Don’t Miss Out:

    7 Great Retirement Towns You’ve Never Heard Of…

    In the right places overseas…you have good options for safe, comfortable, affordable living (adventure built-in).

    In 7 Great Retirement Towns You’ve Never Heard of Where You Can Live Better for Less we’ll pull back the curtain and introduce you to communities where you can embrace the retirement of your dreams…and do it for less than it would cost you to stay home.

    Take a look at International Living today and not only will you receive 7 Great Retirement Towns You’ve Never Heard of…Where You Can Live Better for Less FREE, but we’ll ALSO shave nearly 35% off the regular price.

    Get the details in your FREE report now.

    ×

    Your Last Chance to Retire Overseas Now

    Before you go sign up for our free daily Postcard e-letter and we’ll immediately send you a FREE RESEARCH REPORT on the most desirable —and cheapest— retirement havens available to you today.

    Each day you’ll learn about the best places to retire, travel, buy real estate and enjoy life overseas.

    Enter your E-mail Address Below
    We Value Your Privacy
    Click here for our Privacy Policy

    ×

    Your Chance to Retire Overseas Now

    Sign up for our free daily Postcard e-letter and we'll immediately send you a FREE RESEARCH REPORT on the most desirable —and cheapest— retirement havens available to you today.

    Each day you'll learn about the best places to retire, travel, buy real estate and enjoy life overseas.

    Enter your E-mail Address Below



    We Value Your Privacy.