author Call Us: +506 2289 5125

Compare Listings

Is a Free Trade Zone Warehouse in Costa Rica for you?

Get informed about free trade zone locations before you rent or purchase a warehouse or office space in Costa Rica. In this article, you will find the advantages and disadvantages of being in a Free Trade Zone aka Zona Franca in Costa Rica.

First, there are questions you should ask yourself. Are you an importer of prime materials, a manufacturer or just planning to set up a distribution center? Then, our agent who specializes in warehouses and offices for rent and for sale in Costa Rica, John Hepner, can assist you better.

Contact John for any Costa Rica commercial real estate for sale and for rent. It is also very important to know what kind of labor you need, as labor is cheaper in the areas that are located away from San Jose.

What is a Free Trade Zone in Costa Rica?

Is a Free Trade Zone Warehouse in Costa Rica for you?
Free trade zone is perfect for export manufacturing companies

The Free Trade Zone in Costa Rica was created as an incentive and benefit that the Costa Rican government provides to companies making new investments in the country provided they comply with the requirements and obligations set out in Law No. 7210, created in 1990, as amended, and its regulations. A Free Trade Zone is called Zona Franca in Spanish.

Who can apply for a Free Trade Zone?

  • Export manufacturing companies
  • Companies or organizations engaged in scientific research
  • Export trade companies (not producers)
  • Manufacturing firms which can export or not (minimum export level is no required)
  • Export service companies

How to find the right Free Trade Zone location in Costa Rica?

We offer a great inventory of Free Trade Zone warehouses and offices of all sizes in the different locations. By contacting John, you will also find out about the advantages and disadvantages of each Free Trade Zone, its location, its accessibility and labor offer.

Where are the Free Trade Zones located?

Warehouse complexes

Before buying or renting in a free trade zone, you should check the labor options in each area. There are definitely locations that can serve you better as there is more availability of an educated labor force. Also, in some areas, real estate prices are much more advantageous to investors. Consequently, this will allow you for a much better ROI on your investment.

  • American Free Zone – San Francisco, Heredia
  • Parque Empresarial del Este – Calle Blancos, San Jose
  • Global Park – La Aurora, Heredia
  • Ultra Park – La Aurora, Heredia
  • Zona Franca Coyol – Coyol, Alajuela
  • Zona Franca Puntarenas – Barranca, Puntarenas
  • Propark – Coyol, Alajuela
  • Metro Free Zone, Barreal, Heredia
  • Zona Franca Bes, Coyol, Alajuela
  • Saret Free Zone, Alajuela
  • Zeta Free Zone – Cartago
  • Zeta Free Zone – Alajuela
  • Lindora Park Free Zone – Santa Ana
  • Flexipark – Lindora, Santa Ana
  • Solarium – Liberia, Guanacaste
  • Zona Franca del Atlantico – Búfalo, Limon

Office complexes

  • Eurocenter Diursa – Barreal, Heredia
  • Zona Franca Génesis – Forum 1 & 2, Santa Ana

Benefits of being in a Free Trade Zone in Costa Rica.

All companies established (renting or owning) in a Costa Rica Free Trade Zone have the following benefits.

Assembling machinery in a Free Trade Zone in Costa Rica

Tax Exemption on import of goods required for the operation and administration of the company, such as:

  • Machinery and equipment
  • Manufactured and semi-finished products
  • Other items needed to operate
  • Packaging and packaging materials
  • Spare parts, components and its parts

Tax Exemption on import of cars with the following characteristics:

  • Chassis with cabin from one to two tons of load capacity
  • Trucks or chassis of truck
  • Pick up one or two tons of load capacity
  • Vehicles with a capacity at least fifteen passengers

Tax Exemption on local purchases of goods or services:

  • Export tax.
  • Remittances.
  • For a period of 10 years of the following taxes:
  • Real Estate Transfer
  • Municipal license

Tax Exemption on profits (Capital Gain):

This benefit is granted in accordance with the location and category of the business. The location will determine if the company is located outside or inside the Expanded Greater Metropolitan Area. The Great Extended Metropolitan Area includes the counties of Grecia, Valverde Vega, Naranjo, Palmares and San Ramon.

Medical supplies production in Costa Rica Free Trade Zone

Some interesting data about the Free Trade Zone

  • In 2010, 256 companies were operating in the Free Zone System (RZF)
  • According to productive activity, 47% are service companies while 44% manufacturing companies.
  • The province of Heredia (47% of total) houses most free trade zones, followed by Alajuela (17%), San Jose (16%) and Cartago (12%).
  • Exports of goods of Free Trade Zone have accounted for more than half of the national total exports in the period 2006-2010.
  • Also, among exports of goods, the electrical and electronics sector have the greatest participation.

In conclusion, if all the above information was what you were looking for and you need to purchase or rent commercial space in a Free Trade Zone in Costa Rica, I invite you to contact our affiliate partner John Hepner who is our commercial real estate expert.

Contact the AE MLS Costa Rica

Feel free to leave your comments on this blog.


If you like this blog, connect with me on Google+ or subscribe to our newsletter by clicking the banner below.

 Click here to subscribe to The Easy Times

I DO want to remind our readers that we appreciate any referrals you can send us. Please also remember the American European real estate Group’s agents when your refer a real estate agent. As a result, we appreciate your business.

Facebook Comments
img

Ivo Henfling

Your West-side of San Jose real estate agent, covering Escazu and Santa Ana, Rohrmoser and Ciudad Colon.If you are looking to buy a home in Costa Rica or invest in a condo anywhere in the Central Valley or looking for any property for sale in Escazu or Santa Ana, you need to contact Costa Rica real estate agent Ivo Henfling. Ivo has been selling Costa Rica real estate on the westside of San Jose, in the locations of Rohrmoser, Sabana, Escazu, Santa Ana and Ciudad Colon for over 20 years and can show you hundreds of happy buyers of real estate in Escazu and those other areas. For Ivo, a deal is not a good one unless both buyer and seller are happy.

    Related posts

    Earn additional ROI buying investment property before August 2019

    I’d like you to take advantage of the additional ROI you can receive when you buy an investment...

    Continue reading
    Ivo Henfling
    by Ivo Henfling

    Refinance a hard money loan in Costa Rica

    We have great news for you! It is now possible to refinance a hard money loan in Costa Rica quickly...

    Continue reading
    by Guest Blogger

    7 Essential items needed for the ultimate home office

    The internet allows us to work from home, so a comfortable home office is now more important than...

    Continue reading
    Ivo Henfling
    by Ivo Henfling

    Join The Discussion

    This site uses Akismet to reduce spam. Learn how your comment data is processed.