Spanish investors criticize Costa Rican bureaucracy

The sluggishness with which the institutions respond to requests for permits to start businesses or carry out investments is the main criticism of foreign investors.

Thursday, October 9, 2008

The president and business members of the Santa Cruz Business Chamber from Spain, visited Costa Rica this week to establish contacts and to hold meetings with local business persons.
"We have found Costa Rica to be a country that has its doors wide open to foreign investment, that receives business people and offers them a good business climate," said Emerito Rodriquez, vice president of the Chamber.
However, the head of the Foreign Trade section of the group added, "we are worried that in Costa Rica there is too much bureaucracy when its comes to processing permits, not so much that there are too many, but that the institutions take too much time to carry them out.

More on this topic

Bureaucracy Threatens Construction Sector in Costa Rica

October 2013

About 25 construction projects are stalled because the Environmental Technical Secretariat does not have enough personnel to carry out environmental studies.

These projects have been lodged with the Environmental Technical Secretariat (Setena) since the first half of this year "... without having been even given a the green light to go ahead with the study on environmental impact," noted an article in Elfinancierocr.com.

Costa Rica: Bureaucracy and Entrepreneurship

March 2013

Employers point to the thick web of paperwork that must be traversed in Costa Rica if you want to start a new business.

From a press release issued by the Costa Rican Union of Chambers and Associations in the Private Business Sector (UCCAEP):

Most entrepreneurs, according to the latest data from the Survey "Business Pulse" by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP) indicate that in Costa Rica there are a number of constraints to the initiation of a new business in the country.

Bureaucracy Limits Competitiveness in Costa Rica

November 2011

In the second forum on competitiveness organized by AmCham and Deloitte, the incidence of bureaucratic obstacles to the development of priority projects for the country was highlighted.

The main theme of the meeting was a discussion on "how to make the necessary changes to define priorities for the execution of public works projects that improve the country’s competitiveness with regards to the rest of the world ...

Costa Rica cuts red tape for business visas

May 2008

Foreign business executives can now obtain visas and residence permits within Costa Rica, so cutting time and red tape in the process, according to Migration Department directive.

Previously they could only apply for the documents at Costa Rican consulates in their home countries, a process that many criticized as a great waste of time and expense.

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