Wellington Asset Management is located in San Jose, the capital city of this beautiful country. Wellington has put together a team of professionals whose main goal is to provide you with clear insight into the purchase, build out and sale of real estate in Costa Rica. The team is comprised of one law firm, Allred, Bacon, Halfhill & Young Attorneys at Law (located in the U.S.A.), Stewart Title Insurance Company, engineers, contractors, accountants, builders, and banking institutions. Wellington understands that relocating or purchasing an investment property is not an easy job. Moving to Costa Rica and/or doing business abroad requires substantial research and reliance upon local organizations. Wellington provides you with experienced top notch professionals every step of the way. Wellington knows the country and the people. The principals of Wellington, as well as its management and staff, live, work, and play in Costa Rica. They enjoy the riches Costa Rica has to offer and invest in Costa Rican property. In short, they put their money where their mouth is. Wellington can help you acquire the investment property of your dreams.
Why Costa Rica?
Produced by the Costa Rican Ministry of Tourism
Costa Rica Elected To U.N. Human Rights Council
Costa Rica's foreign minister, Rene Castro, called it a dimlomatic victory yesterday the election of Costa Rica to join the 47 member United Nations Human Rights Council, beating out Nicaragua.
The Costa Rican real estate market took a nosedive with the rest of the world when the Great Recession hit a few years back. Since then, those in the industry have been peering ahead for that light at the end of the tunnel. Though a full recovery may still be a ways off, real estate insiders around the country say business is slowly picking up.
Costa Rica has more to it than just beautiful scenery. It has a thriving medical economy and one that is considerably more affordable than popular destinations such as the USA and Europe. The World Health Report of 2000 actually ranked Costa Rica higher than the USA for its health systems. Costa Rica stood as 25th highest rated place while the USA was at the 72nd highest place. Cosmetic surgery is a popular demand these days and many are out to find a plastic surgeon. You will find several if you browse through the plastic surgery directory of Costa Rica. Online access is easy to gain through this form of research.
Costa Rica’s fame as a retiree destination is richly deserved. With a year-round tropical climate, modern cities, Caribbean beaches, Pacific coastline, rain forests, lush valleys and mountains, there is something for everyone (except freezing weather!)
And Costa Rica is becoming an environmental legend as well, well on it’s way to becoming a carbon-neutral country and preserving much of its most beautiful mountains and forests as national parks.This is why more than 20,000 U.S. expatriates already live in Costa Rica, enjoying one of the highest standards of living in Central America.
'Central American nation wins 2010 Future Policy award for pioneering legal protection of natural wealth'
Costa Rica was today named as the winner of the 2010 Future Policy award at a global summit on biodiversity in Nagoya, Japan.
The Central American country aims to be the first developing nation to meet UN biodiversity commitments. The prize, issued by the World Future Council, was given in recognition of the country's 1998 biodiversity law, which was held up as a model for other nations to follow.
Costa Rica channels funds from a fuel tax, car stamp duty and energy fees to pay for nature reserve management and environmental services like clean air, fresh water and biodiversity protection.
Landowners are paid to preserve old-growth forests and to plant new trees. As a result, forest cover has risen from 24% in 1985 to close to 46% today.
Costa Rica’s offshore investment has increased steadily over the past 15 years.
The largest areas of growth is still real estate, but new growth sectors in Biofuels and Medical Travel has seen a sharp rise in the past 5 years.
Costa Rica is a country that is reputed to be the safest and most business friendly of tax havens in Latin America for new businesses, offshore investments and offshore incorporation.
Costa Rica treats onshore and offshore businesses in the same manner. The basis of taxation is territorial, with both residents and non-residents paying tax on Costa Rican income, while foreign-source income is not taxed.
Wellington Asset Management hereby informs you of the following points:
The property for Vista Pacifica Estates is 100% owned by the developer and is paid in full - there are no liens or loans on the property
Stewart Title has issued title insurance on the entire project and will issue title insurance on each lot as it is sold and goes to closing
Wellington Homes has started receiving deposits for the construction of homes (all deposits are being held by Stewart Title).
For verification of the foregoing, please feel free to contact any of the following: Stewart Title at 713-589-6474 ( Houston ) or 011-506-2258-5600 ( rep. Lizette Blanco in Costa Rica ); Allred, Bacon, Halfhill & Young Law Firm at 703-352-1300 ( Attorney Stephen Halfhill or Warner Young ); or Wellington Asset Management and Wellington Homes 1-800-531-3798.
The Wellington Homes Monthly Newsletter,
issued for the month of February 2011 is available for viewing or download.