About costa rica

Costa Rica is located in Central America, bordering both the Caribbean and the North Pacific Ocean, between Nicaragua and Panama. We are widely acknowledged to be one of the most beautiful countries in Central America. There is an increasing population of North Americans and Europeans settling in this beautiful country due to it's ideal climate and safe political structure. Many foreign businesses are also relocating to Costa Rica due to an educated work force and the amount of bilingual talent in the work force. Slightly smaller than West Virginia in size yet we host 5% of the worlds biodiversity. The rainy season runs from May to November and the dry season is December to April. Natural hazards in Costa Rica include: occasional earthquakes, hurricanes along Atlantic coast (we have not been devastatingly hit yet by a hurrican so far); frequent flooding of lowlands at onset of rainy season and landslides; and two active volcanoes. The government of Costa Rica is a democratic republic. The capital city is San Jose, and most of the nation's commerce takes place in the San Jose city limits. Costa Rica's basically stable economy depends on tourism, agriculture, and electronics exports. Poverty has been substantially reduced over the past 15 years, and a strong social safety net has been put into place. Foreign investors remain attracted by the country's political stability and high education levels, and tourism continues to bring in foreign exchange. Low prices for coffee and bananas have hurt the agricultural sector. The government continues to grapple with its large internal and external deficits and sizable internal debt. The reduction of inflation remains a difficult problem because of rises in the price of imports, labor market rigidities, and fiscal deficits. The country also needs to reform its tax system and its pattern of public expenditure. Costa Rica is the only signatory to the US-Central American Free Trade Agreement (CAFTA) that has not ratified it. CAFTA implementation would result in economic reforms and an improved investment climate. Costa Rica has no formal military and is seldom involved in disputes with other nations.