I have read many of the comments made about this video. I wouldn't call it whining or being negative. He is only giving his perspective. Even if it happens to be similar to what we experience here stateside, it is still very helpful. If anyone else feels they can broadcast their unbiased, factual experience in a better way, please do. The more perspectives the merrier.
Mike I think that you are spot on. I've been looking at this for a decade. I have a friend in the states who had the #2 rated cafe in the country a few years ago and still lost money. There are a lot of hidden rocks in the streams here.
Great video! I have no intentions of opening a business in CR but we've been there twice and have plans on going back soon. Just stumbled upon this video, and love how refreshingly honest it is. Great job
When I was in San Jose in 2007, I talked to a 68-year-old gringo from Chicago who had been living there almost 20 years. He gave me this advice about CR: don't buy property, don't start a business, don't marry a Tica. Then he told me how he had gotten burned in all of those areas, lol! But he was a pensionado, lived in Barrio Amon, and evidently spent most of his money at the Del Ray. He was totally happy!
You are more than welcome! I have lived here for 3 years and it is exactly that. It's not that we are being sour, it's the truth. And some people don't like the truth. I personally LOVED this video!
My suggestions for a Gringo business in Costa Rica? Go with your strengths. If you've never owned a bar, then don't open a bar. Stick with what you know. If you can start a business that is NOT "Bricks and Mortar", then that will relieve A Lot of stress. In other words, if you can run your business from your home, without having an office or "business location", you'll be a lot happier. "Tico Time" will be a serious factor, if you plan to do any construction or have any employees in your business. There are Two ways to deal with this issue. The easiest is just to accept "Tico Time", and roll with it. That's what most people do, and it is a stress-free way to handle business, once you get used to it. The other way is "My Way", about which I have had second thoughts on several occasions. Nevertheless, I have stuck with it, and it has worked quite well for me. "My Way" involves two basic concepts: Get ready to Fire Everyone, and get ready to pay double the standard wage. Here's how it works... You tell someone to show up at 8:00 a.m., Sharp. Make sure that they understand. When they show up at 8:05 a.m., Fire Them... On the Spot. Don't get angry, don't be vindictive... just Fire Them. Hire someone else, and give them the same instructions. You may have to do this 4 or 5 times. When you finally find a person who shows up on time and does good work, pay him at least double the minimum wage. Tell him, "You see how I pay? Be on time again tomorrow. If you're one minute late, you're fired." After a few weeks, you'll have a sharp and capable workforce. In addition, your reputation will "get around"... "Gringo pays double minimum wage, but you gotta show up On Time." Everybody who works for me knows the drill. When I call my driver to pick me up at 6:00 a.m. for a ride to the airport, he calls me at 5:45 and says, "I'm right outside, whenever you're ready."
Wicked...it sounds good...But you don’t want enemies...those you would fire because of few minutes which anyway means nothing in CR... I think there should be a less cruel way of doing things... the guy who might show late might also turn out to be the most honest
good video. You are right on all you mention. i have been in CR for 10 years and I have seen the "tico time" and the "gringo price" one too many times. Banks, as you said, are awful, not to mention lawyers: I have seen gringos and other foreigners go through thousand of dollars and time getting their residence visa using a lawyer. I did it in two months without one of those guys. Another issue, health: I am paying the CCSS as a volunteer, four of us in my family are covered, there are hassles trying to get an appointment but in general we get a good service and the medicine is free. But when one moves from one town to another, the paper work involved becomes the initial nightmare it was when one first joined the "Caja'. Costa Rica is expensive, it isn't cheap. But living in Costa RIca is like riding on a snail, one has time to enjoy the view
Very informative my friend, I'm a half tico half gringo studying in the states, with a plan to go back to Costa Rica in 4 years and make a living. Really got some good tips here. Thank you
YOU ARE SO RIGHT!!! THANKS FOR TAKING THE TIME ON DOING THIS VIDEO, WE COSTARRICANS GO FOR SAME THINGS AND ITS LIKE THEY WANT TO MAKE EVERYTHING MORE COMPLICATED WITHOUT NO PURPOSE ...
Hey man i love your videos and i love the way you guys communicate with the audience in your videos and i was wondering if you could upload a video about the cost of houses cost of cars internet phone etc please man and thanks
I had to pay something at the municipality. Big long process, was almost complete and then they tell me I need to get a stamp on my documents. They described where the place was, a few blocks away. I circled that block so many times, couldn't find it. Went back to the municipality, and waited in line again, to confirm the location. Which they did. I went back to try again. I circled the block a few more times, then realized it was the old man on a lawn chair, sitting the sidewalk in front of an empty lot with a cigar box, which turned out to contain the special stamps. He didn't need ID, he didn't need to see my documents, and he sold me a stamp for less than a dollar. The whole process seemed like such a pointless PITA, I had to laugh. As long as you expect the unexpected, and aren't in too much of a hurry, it's all good.
RUclips comment word count didn't let me make my main point, which is that while Ticos are slow (and don't try to hurry them or show impatience) and inept in some cases, they generally are harmless. Every time we got screwed over it was always by a fellow gringo and NEVER by a Tico. They are good people and we love CR despite the utter frustration in trying to get things done there. I appreciate the straight-forwardness of your videos; thank you.
I got to this video by chance, it's an excellent video with excellent advice to anybody who is thinking to move to a different country and open a business. it's just the fact you are dealing with a different mentality and way of doing things. I moved from south America to the United Kingdom and opened a business... I went through the same issues, over optimistic contractors, I found some things take ages to be done in the uk that are quick and simple in my country! I have found a few incompetent solicitors that don't seem to know what they are doing. it comes down to you are moving to a different country that operate under different rules! you operate better in your own country because you know the system and know how to manege the situation better! again this is an excellent video with great advice!
I'm having 'net problems here in France but saw most of this. It's great. Uprated. I am an expatriation consultant here and when I tell people to figure five times longer for doing anything here and five times more than they thought, their eyes glaze over. Then, they get cheap about my fees. They invariably fail, but I could have helped them through it all and tell the truth!
I'm a tico, and i totally agree Whit him, the bureaucracy in costa rica can be so frustrating even for locals , and the systems are so outdated, can be even more frustrating for foreigners , if you wan to star a business here is not so simple and is best to get familiar of how things works here and don't relay solely in other foreigners because there are hi and low season for tourist but locals are all year long
Thanks for the advice. Not ready yet...but I have a place to retire at the Central Pacific coast within the next 10 years. Can't hurt to research ahead of time. Where did you make this video? Loved the background noises.
Once again, totally agree with Michael, lived in La Fortuna 2 years I had a bar La Masias, and was something tragic, I agree 110% I believed in my case have the advantage of speaking Spanish, big mistake in believing that, people here seems friendly but really is opportunistic, is the perfect blend, gringos hoping to start a new life and Ticos hungry for money, Ticos know the system, the endless bureaucracy,etc, my advice, live one year minimum, then think if you still want to open a business...
Interesting video. We have the same problems in starting a business here in Italy. There is always a new law, a new tax, a new permit to request. So you find yourself spending more time and money than planned.
Well. Here in that big island of Hawaii, the people works here is pretty much the same. When someone promise you to show up, you may not see him at all. Not even a phone call.
In Argentina it's pretty much the same and everyone hat's to go through any paperwork, but somehow you get the paperwork together and yes if tico time and gringo prices is too much for you then open up a business!
Great video! We have our dream of opening up an Italian Cafe/bakery....we've heard this advice from a few people now! 3 more sleeps until we arrive in CR✌
Most of what Mike says in this video is True, of course. However... what I found out shortly after beginning to research business opportunities in Costa Rica is that the rhetoric changed very quickly from "Sure! No Problem!" to "Oh, No... You can't do THAT Here!" That response immediately set my mind ablaze... Why Not? Why can't you 'Do That' here? Is there really something that prevents it? Is there a law against it? Is there a cultural stigma against it? As I soon found out... it's just a cultural mindset that is accepted as fact. So... I went out and did it anyway. 6 months later, everyone was asking me, "How did you Do That?" My response was, "I just Did It!" Costa Rica is a very rigidly traditional country, which is very resistant to change. If you DO in fact want to start a business here, you're most likely going to have to break through that paradigm and just Flat-Out Ignore the people who say, "You can't Do That Here!"
as a local, agree w this which is very common. Ticos usually want to show they are developed modern people. They get last Iphone, are connected to Internet 24/7, they travel to Europe and brag about it, buy brand cars, houses in condominium, watch the Tv shows that are popular in the world, and so on and so on. But inside, they are very conservative people who doesnt like changes and dont want to try anything that nobody else have done before.
That's a good thing I think the conservative side. I wish more people were like that in the US...I feel that's part of the reason why it's all going to shit, everyone wants to be progressive.
I agree to some extent. One of the big reasons that I moved to Costa Rica is because I like that slower pace of life. But that's not what I'm talking about. I'm talking about that "Can't Do" attitude that is so prevalent among Ticos. If "Pura Vida" is the national motto of Costa Rica, then "That's Impossible" is the runner-up. I swear I believe that "impossible" is the first English word that most Ticos learn. I say this because I love CR and I love Tico culture, but this is a fault that needs to be fixed. Ticos don't need to be on-the-run and progressive, but they do need to lose the cultural pessimism. You don't often hear of a Tico business taking over the world, but there is a McDonald's on every street corner in San José. "That's impossible" is usually shortly followed by, "Well, now it's too late, the Gringos came down here and did it." It's ironic that one of the most successful fast food chains in Costa Rica is successful because the Tico owner brought down hired guns from the USA to show him how to do it. news.co.cr/pops-costa-rica-ice-cream-company-a-delicious-tradition/10434/ Gringo businesses routinely trounce Tico businesses on their own turf, and it's not because Gringos are better than Ticos... they're not. It's because every time a Tico looks at something, he says "That's Impossible", but every time a Gringo looks at something he says "I bet I can make that work."
Sounds like the best advice would be to run a business in The States while living in CR. Or do an internet based business. I believe in one other video you did, it was suggested not to build a home in CR, but purchase one already built.
Panama has the best retire package in the world, and Costa Rica is not far behind. The built up areas in Panama, Belize, and Costa Rica are relatively expensive now, but if you get away from a big city there are many possibilities. New areas to get in on the ground floor are Nicaragua and the Dominican Republic. However, investors with a lot of cash are already there and are selling their $1k lots for $30k or more, after all, $30k is still cheaper than living in California (their logic).
Hey Michael, it's Chet here from Toronto, Canada writing to you and is it Angelo or D'Angelo? Please forgive me for not knowing that. I haven't viewed all of your videos but I'm working on it. What I'm writing for is just to compliment you on everything I and my partner have watched so far. I think you're amazing because you tell it like it is, no bullshit hype, and you do it with class. We are planning to move to Costa Rica if not before the end of 2016, the beginning of 2017. We are going to try to squeeze in a vacation there before we actually but that will depend on finances. Anyway, I just wanted to pass my thoughts on to you and to thank you both for this amazing site. I am looking forward to watching more of your videos and will probably be asking some questions in the future. In the meantime, thank you once again, good bye and peace out :} Chet and D'arce
I already have an Internet business. All I want is to run it from Costa-Rica, surrounded by nature and peace. All I need is reliable power source (preferably american power standard) and very reliable and very fast Internet connection. Do you know anything about that? Can you tell me what you know about those two points.
One of the best ways around all of these problems is to find yourself a really well-respected grey-haired lawyer. I lucked into this situation, for which I am eternally grateful. "Don" Eduardo had a bit of... shall we say... Clout... in the Costa Rican justice system. I met him at a local bar and made friends with him, and then, subsequently found out that he was a shit-hot mac-daddy lawyer who was on the verge of retirement. Residency? Done! Business permit? Done! Whatever I needed... Done! That was pure luck on my part. I got him a bottle of Patron Reserve for his birthday.
this was very helpful and the kind of info you need as opposed to the kind you get from a magazine promoting expat living although some of that kind of info can be helpful if you dig deep enough. My next investigation will be Panama and Belize, any suggestions?
One of the things that I've had trouble finding any information about is working online. Most folks want to start a restaurant or B&B or a bar, or something. UGH. Too much work! My husband and I are planning to apply for a Pensionado visa but could use a little money on top of that. Is working online allowed in CR? Are there any taxes we would owe on this, if it's only me working (no employees)? Just curious, thanks! Keep up the good work... love your videos. :)
This is so true.. It is so frustrating to try to do anything over there... And yeah... they do look at you like saying.. "WHAT S UR f PROBLEM".. It doesnt matter if you are paying a salary them or a public office.. they still give you the f.. look.. lolz...
Im first! :-) Thanks for the video. Ive always dreamed of opening up a tourism business that caters to english speaking clients. I speak spanish and english, Ive always wanted to retire in Costa Rica. This helps THANK YOU.
Keystone cops. jajajaja I had to make 10 trips to AYA (water dept), 2 with architect in tow, to even get permission to hook up water. Won't even mention dealing with Registro. I often have tico friends obtain prices, in writing, for me. Mañana simply means: Not today. It took time, but I did find a great lawyer. IF a business pays all required taxes, it will fail. Period. Lots of brainiacs leave CR broke with their tail between their legs. Believe that.
"YOU SHOULD BE TALKING TO 17 REALTORS!" This is the worst advice I've ever heard! I'm a successful realtor in CR. When I know that a prospect is talking to 3 or more realtors, I cut bait. These are habitual time wasters that rarely make an actual decision to buy. Competing with 16 others gives a competent realtor no motivation to work for a pay day that comes only AFTER all the work is done. WOULD YOU? Research, check references, and pick 1. That way you'll get complete attention and 100% effort
yes, you´re right, but, believe me, between the moment in which you contact the lawyer -to- the start up, you last only 2 month, it could be a lot of time, but, it is the time to remodeling the business premises, get the staff, publicity, get an accountant, etc. Check my posts, you can do it, cheap and easy in 2 months.
Been and still goin thru my own set of bruising in Colombia, this video is SO ACCURATE don't discount this man's knowlwedge. He is telling the truth. You are NOT different, you are NOT special down in LA, you are the rich Gringo to be had over and over again. Include this in your calcuations and then add 100% to your budget and time-lines
Haven't found a good lawyer? Try Carlos and Alejandra Echeverria-Alfaro from Bufete Echeverria on 3rd, a few blocks from the national theater. They are brother-sister. They are ticos but are educated in Canada and speak multiple languages. I used them for years in all of my dealings in Costa Rica and found them to be so honest that it was hard to believe they were attorneys.
Respect to buying and building. 1- What is the purpose of the investment? 2- Check the conditions: kind of zone, roads, access to electricity, water, telephone, internet, cable-TV, etc. Visit many places, no only traditional places, many places means many prices. Check the price for sale of neighboring lands and neighboring houses, estimated price per meter in the municipality, local taxes, building (cost / meter) at the place. 3- Make a contract which stipulates a limited time to deliver the work, otherwise the construction company will have to pay a high fine for each day of delay. Believe me, Costa Ricans are not fools, for each problem, already exists a solution.
It is hard to say but you are totally right. I am from Costa Rica and I moved to USA in the mid 90 to live with my father. I love my people, I love my family I love my country but the way most people do some things is just absurd...for example...if you want to build a house...no mattet how large or small it is you must get so many institutions involved to make it happen...let me give you an example...I own acreage with timber that is ready to be harvested...so I figure...it is going to be extremely cheap to build a house....no really...because the type of wood I am going to be using which is free to me...it is more expensive than the traditionally used concrete and cinder block...anyway...the architect, a professional that has to get a license from Colegio Federado de Ingenieros y Arquitectos so he can practice his profession has to draw the blueprints...and now this is where it gets interesting...the architect will charge you based on the estimated cost of the property...no competitive pricing...and you, the paying customer MUST pay the CFIA as well for the permit to build which is also extremely expensive...and the worst of all is that CFIA does not give you a break if you are using wood from your backyard because it is almost free...well...not really (I will get into that later). Just to give you an idea...if you have the wood to build a 914 square foot structure (80 m2) you MUST pay about $4, 000.00 USD on permits and inspections( CFIA, County, architect fees and consulting, use of land and construction site permit/inspectionSETENA). Keep in mind that you have not even touched a nail... I have worked as a consultant for Ritz Carlton, Four Seasons for more than 10 years and not even in New York City they make it so hard to build...it is like the legislation they have in Costa Rica wants the country to stay underdeveloped...no many locals have $4K to burn in paperwork...Sad but totally true...that is how things are in CR. So what happened to my project? I said...well...I am just going to move to Florida once I reached retirement age...at least I will be able to find a part time job and I will pay $37 USD for my car tag every year instead of $847.00 for a marchamo. I love my country but it makes no financial sense to me to move back there when I grow older.
That could be through but that also ensures thst your house will be able to withstand a natural event, we have had several scary events and most houses are unaffected as where in other countries especially the us and mexico people die due a tornado taking down a house. People are calm during 5.5 tremmors here due to how solid the houses are.
I have a question, there was another video with you and a young lady talking about putting your house, car, ect under he name of a corporation or what ever. with that being said isnt the business already filed for the 200-250 bucks? because it seem like they made her go through these lengths you speak of and set up a business plan etc. so if the business is already filed is that not even a legit business one would be filing? or am i mistaken and your talking about having a special business building and possibly building it literally from the ground up? I just want to be clear. The reason I ask is because I want to stat a simple food truck possibly and sell some us food. (do you think ticos are open enough to try every day u. food?) Thank you.
The house, car whatever can and is under a corporation but normally it's a different corporation than your actual business. 2 separate things. It's just about protection of your assets....
First off, had a couple other friends with this idea and they had some problems with the legalities of a mobile truck, so you might want to look into that. And it's not that they don't care for the food, it would be more about the competition of you coming in to an established area. And the thing is, selling to Tico's, you would never made enough money to sustain yourself. *but anyway, just do your homework.
out of curiosity,, do90 percent of people try to open restaurants or bars or bed and breakfasts,resorts ..that is a big reason many businesses fail in the states
Great video that is how exactly how it works is costa rica they all have excuses to get your money and get nothing done the more money you display the less you get done because their job is to milk you, i from there and i totally lost it in there, after living in the US for long time i now that Costa Rica needs a new operational system to be more prosperous and progressive. I breaks my heart is like dialing with somebody who has is disable and you can help it is so sad
An internet based business run from your rented or owned CR home will work very well; I operated one there successfully for some time and will return again in November to live in San Isidro de el General. However, any other type of business or property deal with a gringo is practically doomed before it gets started. Tico Time is a real thing and it sucks. Pura Vida? Pura Bullshit most of the time. Everything takes forever. The best advice you can get is to get a Tico you can trust to help.
Jerry Jeff Walker wrote a song called Just Another Gringo in Belize, that referred to this very thing. I have traveled Latin America extensively and presently have a home in Puerto Rico and it is the same everywhere! Even non Latin countries in the Caribbean operate this way. Americans are spoiled and think everyone does things the way they do…not so! There is a "rest of the world" and it doesn't cater to the American temperament! Get on a timeline or a strict budget south of Miami and you will be sorely short changed
The old expression of, "beware of smiling faces applies" everywhere in this Earth ! Especially if You are percieved as being born "priveledged"... This is a very informative video, THANK YOU !
Costa Rica must let gringos in if they want a good economy, but gringos also have to learn Spanish and accept the culture for what it is, not try to change it. Pinochet took over in Chile because Allende, though elected as a populist, was running the economy into the ground. Yes, the elite wanted to get rid of Allende, but so did regular folk because he was very heavy handed. Pinochet was a terrible reaction to Allende. You can't count on stability in any Latin American nation. Study History.
South American countries like Colombia, Brazil etc are just starting to come into their own without US interference. Good trade, yes, interference, no.
This validates my opinion staying home in the USA, hunkering down and riding out SHTF is the best idea. The insanity of it all. My brain stem is melting just listening to this. No jab at Costa Rico but I am just to old to learn a whole new frustrating culture. Thanks for the info. God bless Costa Rica.
Smart man, Kyle. I wish I wasn't so disillusioned with the US that I could try to stay. Good luck up here; be really really prepared for cold. You will remember someone saw it coming...
Hmm "frustrating culture" so my culture is frustrating because is too complicate for you? Frustrating culture because if it cannot be done your way then is frustrating? Does my culture needs to work under your command in order to make it not frustraring for you?
@@luiscampos1164 I know your comment is quite old now but I think you demonstrated quite well what aspect might be wrong with your culture. Kyle tried to respectfully discuss a situation and you got uptight about it and went out of your way to take offense. You would rather act like things are perfect, even though you know they aren't, instead of improve them or take any constructive criticism. Your culture's way of non-committal interaction can frustrate others, if that offends you, deal with it. It's just a statement.
What a bunch of stereotypes and generalizations. I can see a lot of racism, double standards and a mix of religion and law in the USA. According to what you stated: I AM NOT a Costa Rican at all: I like change, I promote change, I hate soccer and do not drink at all.
Well that was an interesting video, corruption and graft make Central America work. Of course it happens in a lot of places too. That's why people want to come to America, not Costa Rica. But the warm sunshine sure is nice. Thank you for the real world information. Gringo Pricing, well said.
I didn't say gringo economies are good, or that Costa Rica or other Latin American countries should emulate them. I said that Costa Rico knows it has to let gringos, and others in, if they want a good economy since so much of their economy is dependent on foreign investment. I also said both Allende and Pinochet had the wrong approach. Latin countries have a right to run their own affairs, and those who do business there should accept the culture as different and learn Spanish.
Like every Colony Latin countries were left with a cultural vacuum that resonates up to this day. Look at India on the other side of the world. Same kind of problems.
this is true of almost any rural area in north America...except for the corruption and bribery...try hiring an electrician in Wyoming or northern manitoba
It not is real, I meet many North Americans that has business in my country and dont is a fail, Costa Rica is a good place for business, I love my country, Pura Vida, always are good welcome.
Control, seriousness and efficiency, you are NOT going to get it here in Costa Rica. Here is informal inefficient and people will NOT give you the customer treatment, welcome to Costa Rica, I'm Tico by the way, and I feel your pain.
Gringo business had made rich people more rich and the poor Costa Ricans more poor, I left my country because there is no options for normal Costa Rican to afford a house without having to pay $ on front , you don't know how much that affect normal people like perico de los palotes!!!
Shaded Muse Gringo is an apocope of GREEN GO (home) from your neighbors the Mexicans, if you are a gringA. If you are not a gringA, the name came from the Mexicans anyway. And some gringAs taste good, others don't. And a gringo can be a Spanish dish if he let's himself get caught by the cannibals from any Spanish peaking country. I hope your doubts are resolved.
***** It sounds to me that you are trying to persuade people not to move to CR because you don't want other gringos living there??!!! All of your videos sounds like you are complaining about living there because it's so hard with this and that and blah blah blah....don't get me wrong, i think it's great to hear a different perspective amid all of the stories about living in paradise but you just make it sound awful...
TELL YA WHAT... I HAVE (had) EVERY INTENTION OF FLYIN WITH WIFE IN TOW TO COSTA RICA TO LOOK AT A FEW PROPERTIES TO PURCHASE.... After watching several of your videos... I dont know...
Manhattan has gringo prices I have paid $6 beer at a bar, American theme parks has gringo prices I paid $3 bottle of water in Orlando and these are tourist area of USA and many ticos travel to the USA I pay gringo prices, so whats the big deal? Its a tourist country!
Absolutely...look at North Dakota. Bismark ND has the highest rents in America? A barren frozen flat wasteland? No question about it. Go skiing some time at Aspen.
I would say that the Number One reason why Gringo Businesses fail in Costa Rica is because people, quite frankly, don't know what the hell they're doing. I wish that I could count the number of Gringos whom I have met, who have come to Costa Rica with the intention of opening a bar, restaurant, or hotel... but I lost count a long time ago. I do know these numbers.. In Costa Rica... a country just a little larger than the state of West Virginia, there are over 2100 hotels and over 4500 bars and restaurants. As part of my job, I have visited most of them. They do exist. At least 75% of them are run by Ticos. Now... Who is the typical Gringo entrepreneur in Costa Rica? It's a guy from the USA who is ready to invest his life savings in a bar, restaurant, or hotel... and 9 times out of 10, that Gringo has ZERO experience in the hospitality industry. It's a very common tale... This Gringo will get reamed on a continuous basis, from the moment that his feet hit the ground in Costa Rica, until his bar or hotel closes, about 6-12 months later... his entire life savings... GONE! A very common tale.
Oh yeah, scary stuff there. While CR is much better in that regard there's still so many differences, like your video on owing a business in CR shows: ruclips.net/video/YnYyvb482k0/видео.html
hello I'm from Australia been watching your videos on Costa Rica I found it quite interesting I've tried to get through to your email ,it just doesn't show up. Have you an email that will connect Kind Regards harry
Again, the title of your video sucks, it should be like, precautions you can take when you start a business in CR. Business fail not because theyre based in Costa Rica, they fail because they dont have have market studies, experience, and basically amateurs. HONESTLY
I have read many of the comments made about this video. I wouldn't call it whining or being negative. He is only giving his perspective. Even if it happens to be similar to what we experience here stateside, it is still very helpful. If anyone else feels they can broadcast their unbiased, factual experience in a better way, please do. The more perspectives the merrier.
Mike I think that you are spot on. I've been looking at this for a decade. I have a friend in the states who had the #2 rated cafe in the country a few years ago and still lost money. There are a lot of hidden rocks in the streams here.
I have lived in CR for five years, nail on the head! Double at a minimum all estimates
Great video! I have no intentions of opening a business in CR but we've been there twice and have plans on going back soon. Just stumbled upon this video, and love how refreshingly honest it is. Great job
When I was in San Jose in 2007, I talked to a 68-year-old gringo from Chicago who had been living there almost 20 years. He gave me this advice about CR: don't buy property, don't start a business, don't marry a Tica. Then he told me how he had gotten burned in all of those areas, lol! But he was a pensionado, lived in Barrio Amon, and evidently spent most of his money at the Del Ray. He was totally happy!
The El Rey hotel is a brothel he paid for prostitutes
You are more than welcome! I have lived here for 3 years and it is exactly that. It's not that we are being sour, it's the truth. And some people don't like the truth. I personally LOVED this video!
My suggestions for a Gringo business in Costa Rica?
Go with your strengths. If you've never owned a bar, then don't open a bar. Stick with what you know.
If you can start a business that is NOT "Bricks and Mortar", then that will relieve A Lot of stress. In other words, if you can run your business from your home, without having an office or "business location", you'll be a lot happier.
"Tico Time" will be a serious factor, if you plan to do any construction or have any employees in your business. There are Two ways to deal with this issue. The easiest is just to accept "Tico Time", and roll with it. That's what most people do, and it is a stress-free way to handle business, once you get used to it.
The other way is "My Way", about which I have had second thoughts on several occasions. Nevertheless, I have stuck with it, and it has worked quite well for me. "My Way" involves two basic concepts: Get ready to Fire Everyone, and get ready to pay double the standard wage. Here's how it works...
You tell someone to show up at 8:00 a.m., Sharp. Make sure that they understand. When they show up at 8:05 a.m., Fire Them... On the Spot. Don't get angry, don't be vindictive... just Fire Them. Hire someone else, and give them the same instructions. You may have to do this 4 or 5 times. When you finally find a person who shows up on time and does good work, pay him at least double the minimum wage. Tell him, "You see how I pay? Be on time again tomorrow. If you're one minute late, you're fired." After a few weeks, you'll have a sharp and capable workforce. In addition, your reputation will "get around"... "Gringo pays double minimum wage, but you gotta show up On Time." Everybody who works for me knows the drill. When I call my driver to pick me up at 6:00 a.m. for a ride to the airport, he calls me at 5:45 and says, "I'm right outside, whenever you're ready."
That works anyplace in the world.
Ruthless business tactics. Business is business. Not personal. Great points! Thank you, sir!
Wicked...it sounds good...But you don’t want enemies...those you would fire because of few minutes which anyway means nothing in CR... I think there should be a less cruel way of doing things... the guy who might show late might also turn out to be the most honest
good video. You are right on all you mention. i have been in CR for 10 years and I have seen the "tico time" and the "gringo price" one too many times. Banks, as you said, are awful, not to mention lawyers: I have seen gringos and other foreigners go through thousand of dollars and time getting their residence visa using a lawyer. I did it in two months without one of those guys. Another issue, health: I am paying the CCSS as a volunteer, four of us in my family are covered, there are hassles trying to get an appointment but in general we get a good service and the medicine is free. But when one moves from one town to another, the paper work involved becomes the initial nightmare it was when one first joined the "Caja'. Costa Rica is expensive, it isn't cheap. But living in Costa RIca is like riding on a snail, one has time to enjoy the view
Good solid advice. Its sensible videos like this that made me a subscriber.
Very informative my friend, I'm a half tico half gringo studying in the states, with a plan to go back to Costa Rica in 4 years and make a living. Really got some good tips here. Thank you
YOU ARE SO RIGHT!!! THANKS FOR TAKING THE TIME ON DOING THIS VIDEO, WE COSTARRICANS GO FOR SAME THINGS AND ITS LIKE THEY WANT TO MAKE EVERYTHING MORE COMPLICATED WITHOUT NO PURPOSE ...
Hey man i love your videos and i love the way you guys communicate with the audience in your videos and i was wondering if you could upload a video about the cost of houses cost of cars internet phone etc please man and thanks
I had to pay something at the municipality. Big long process, was almost complete and then they tell me I need to get a stamp on my documents. They described where the place was, a few blocks away. I circled that block so many times, couldn't find it. Went back to the municipality, and waited in line again, to confirm the location. Which they did. I went back to try again. I circled the block a few more times, then realized it was the old man on a lawn chair, sitting the sidewalk in front of an empty lot with a cigar box, which turned out to contain the special stamps. He didn't need ID, he didn't need to see my documents, and he sold me a stamp for less than a dollar. The whole process seemed like such a pointless PITA, I had to laugh. As long as you expect the unexpected, and aren't in too much of a hurry, it's all good.
RUclips comment word count didn't let me make my main point, which is that while Ticos are slow (and don't try to hurry them or show impatience) and inept in some cases, they generally are harmless. Every time we got screwed over it was always by a fellow gringo and NEVER by a Tico. They are good people and we love CR despite the utter frustration in trying to get things done there.
I appreciate the straight-forwardness of your videos; thank you.
I got to this video by chance, it's an excellent video with excellent advice to anybody who is thinking to move to a different country and open a business. it's just the fact you are dealing with a different mentality and way of doing things. I moved from south America to the United Kingdom and opened a business... I went through the same issues, over optimistic contractors, I found some things take ages to be done in the uk that are quick and simple in my country! I have found a few incompetent solicitors that don't seem to know what they are doing. it comes down to you are moving to a different country that operate under different rules! you operate better in your own country because you know the system and know how to manege the situation better! again this is an excellent video with great advice!
this is so right on! good communicating there! Hopefully some will "get" what they are going to deal with if this is what they choose to pursue!
i love how the nature is so loud in Costa Rica
I'm having 'net problems here in France but saw most of this. It's great. Uprated. I am an expatriation consultant here and when I tell people to figure five times longer for doing anything here and five times more than they thought, their eyes glaze over. Then, they get cheap about my fees. They invariably fail, but I could have helped them through it all and tell the truth!
I'm a tico, and i totally agree Whit him, the bureaucracy in costa rica can be so frustrating even for locals , and the systems are so outdated, can be even more frustrating for foreigners , if you wan to star a business here is not so simple and is best to get familiar of how things works here and don't relay solely in other foreigners because there are hi and low season for tourist but locals are all year long
great way to protect your market share... make sure other people are discouraged from trying to start a competing business!
Thanks for the advice. Not ready yet...but I have a place to retire at the Central Pacific coast within the next 10 years. Can't hurt to research ahead of time. Where did you make this video? Loved the background noises.
Once again, totally agree with Michael, lived in La Fortuna 2 years I had a bar La Masias, and was something tragic, I agree 110% I believed in my case have the advantage of speaking Spanish, big mistake in believing that, people here seems friendly but really is opportunistic, is the perfect blend, gringos hoping to start a new life and Ticos hungry for money, Ticos know the system, the endless bureaucracy,etc, my advice, live one year minimum, then think if you still want to open a business...
Interesting video. We have the same problems in starting a business here in Italy. There is always a new law, a new tax, a new permit to request. So you find yourself spending more time and money than planned.
Well. Here in that big island of Hawaii, the people works here is pretty much the same. When someone promise you to show up, you may not see him at all. Not even a phone call.
In Argentina it's pretty much the same and everyone hat's to go through any paperwork, but somehow you get the paperwork together and yes if tico time and gringo prices is too much for you then open up a business!
love your videos, hope you are still in the CR, cool shirt too
Great video! We have our dream of opening up an Italian Cafe/bakery....we've heard this advice from a few people now! 3 more sleeps until we arrive in CR✌
Most of what Mike says in this video is True, of course. However... what I found out shortly after beginning to research business opportunities in Costa Rica is that the rhetoric changed very quickly from "Sure! No Problem!" to "Oh, No... You can't do THAT Here!"
That response immediately set my mind ablaze...
Why Not? Why can't you 'Do That' here? Is there really something that prevents it? Is there a law against it? Is there a cultural stigma against it? As I soon found out... it's just a cultural mindset that is accepted as fact. So... I went out and did it anyway. 6 months later, everyone was asking me, "How did you Do That?" My response was, "I just Did It!"
Costa Rica is a very rigidly traditional country, which is very resistant to change. If you DO in fact want to start a business here, you're most likely going to have to break through that paradigm and just Flat-Out Ignore the people who say, "You can't Do That Here!"
as a local, agree w this which is very common. Ticos usually want to show they are developed modern people. They get last Iphone, are connected to Internet 24/7, they travel to Europe and brag about it, buy brand cars, houses in condominium, watch the Tv shows that are popular in the world, and so on and so on. But inside, they are very conservative people who doesnt like changes and dont want to try anything that nobody else have done before.
That's a good thing I think the conservative side. I wish more people were like that in the US...I feel that's part of the reason why it's all going to shit, everyone wants to be progressive.
I agree to some extent. One of the big reasons that I moved to Costa Rica is because I like that slower pace of life. But that's not what I'm talking about. I'm talking about that "Can't Do" attitude that is so prevalent among Ticos. If "Pura Vida" is the national motto of Costa Rica, then "That's Impossible" is the runner-up. I swear I believe that "impossible" is the first English word that most Ticos learn.
I say this because I love CR and I love Tico culture, but this is a fault that needs to be fixed. Ticos don't need to be on-the-run and progressive, but they do need to lose the cultural pessimism. You don't often hear of a Tico business taking over the world, but there is a McDonald's on every street corner in San José. "That's impossible" is usually shortly followed by, "Well, now it's too late, the Gringos came down here and did it." It's ironic that one of the most successful fast food chains in Costa Rica is successful because the Tico owner brought down hired guns from the USA to show him how to do it. news.co.cr/pops-costa-rica-ice-cream-company-a-delicious-tradition/10434/
Gringo businesses routinely trounce Tico businesses on their own turf, and it's not because Gringos are better than Ticos... they're not. It's because every time a Tico looks at something, he says "That's Impossible", but every time a Gringo looks at something he says "I bet I can make that work."
Sounds like the best advice would be to run a business in The States while living in CR. Or do an internet based business. I believe in one other video you did, it was suggested not to build a home in CR, but purchase one already built.
Panama has the best retire package in the world, and Costa Rica is not far behind. The built up areas in Panama, Belize, and Costa Rica are relatively expensive now, but if you get away from a big city there are many possibilities. New areas to get in on the ground floor are Nicaragua and the Dominican Republic. However, investors with a lot of cash are already there and are selling their $1k lots for $30k or more, after all, $30k is still cheaper than living in California (their logic).
Excellent job!
ha ha ha this is cool story Bud . bring own crew to build a house in CR
This video is spot on! You are not in Kansas anymore!
Hey Michael, it's Chet here from Toronto, Canada writing to you and is it Angelo or D'Angelo? Please forgive me for not knowing that. I haven't viewed all of your videos but I'm working on it. What I'm writing for is just to compliment you on everything I and my partner have watched so far. I think you're amazing because you tell it like it is, no bullshit hype, and you do it with class. We are planning to move to Costa Rica if not before the end of 2016, the beginning of 2017. We are going to try to squeeze in a vacation there before we actually but that will depend on finances. Anyway, I just wanted to pass my thoughts on to you and to thank you both for this amazing site. I am looking forward to watching more of your videos and will probably be asking some questions in the future. In the meantime, thank you once again, good bye and peace out :}
Chet and D'arce
I already have an Internet business. All I want is to run it from Costa-Rica, surrounded by nature and peace. All I need is reliable power source (preferably american power standard) and very reliable and very fast Internet connection. Do you know anything about that? Can you tell me what you know about those two points.
One of the best ways around all of these problems is to find yourself a really well-respected grey-haired lawyer. I lucked into this situation, for which I am eternally grateful. "Don" Eduardo had a bit of... shall we say... Clout... in the Costa Rican justice system. I met him at a local bar and made friends with him, and then, subsequently found out that he was a shit-hot mac-daddy lawyer who was on the verge of retirement.
Residency? Done! Business permit? Done! Whatever I needed... Done! That was pure luck on my part. I got him a bottle of Patron Reserve for his birthday.
this was very helpful and the kind of info you need as opposed to the kind you get from a magazine promoting expat living although some of that kind of info can be helpful if you dig deep enough. My next investigation will be Panama and Belize, any suggestions?
One of the things that I've had trouble finding any information about is working online. Most folks want to start a restaurant or B&B or a bar, or something. UGH. Too much work! My husband and I are planning to apply for a Pensionado visa but could use a little money on top of that. Is working online allowed in CR? Are there any taxes we would owe on this, if it's only me working (no employees)? Just curious, thanks! Keep up the good work... love your videos. :)
This is so true.. It is so frustrating to try to do anything over there...
And yeah... they do look at you like saying.. "WHAT S UR f PROBLEM"..
It doesnt matter if you are paying a salary them or a public office.. they still give you the f.. look.. lolz...
Excellent vid, very true
Im first! :-) Thanks for the video. Ive always dreamed of opening up a tourism business that caters to english speaking clients. I speak spanish and english, Ive always wanted to retire in Costa Rica. This helps THANK YOU.
In spite of that, I've met a good number of European successful businesspeople here with prosperous business. (I think it'd depend on the region)
Keystone cops. jajajaja I had to make 10 trips to AYA (water dept), 2 with architect in tow, to even get permission to hook up water. Won't even mention dealing with Registro. I often have tico friends obtain prices, in writing, for me. Mañana simply means: Not today. It took time, but I did find a great lawyer. IF a business pays all required taxes, it will fail. Period. Lots of brainiacs leave CR broke with their tail between their legs. Believe that.
Love all your videos man!!!!
fdllicks thanx for taking the time to say.
"YOU SHOULD BE TALKING TO 17 REALTORS!" This is the worst advice I've ever heard! I'm a successful realtor in CR. When I know that a prospect is talking to 3 or more realtors, I cut bait. These are habitual time wasters that rarely make an actual decision to buy. Competing with 16 others gives a competent realtor no motivation to work for a pay day that comes only AFTER all the work is done. WOULD YOU? Research, check references, and pick 1. That way you'll get complete attention and 100% effort
I am coming down in June. And staying for a while. Any chance we can connect? To discuss business in CR?
What's your plans, Don? I have a few ideas besides moving my current operation, and I would be interested in swapping research.
Wellcome to Central and South America dude ! sadly things are lie that !
70-80% failure is not that far off from the small business failure rate for the first two years anywhere.
yes, you´re right, but, believe me, between the moment in which you contact the lawyer -to- the start up, you last only 2 month, it could be a lot of time, but, it is the time to remodeling the business premises, get the staff, publicity, get an accountant, etc. Check my posts, you can do it, cheap and easy in 2 months.
love the videos, very informative ..Do the birds chirp all year round? LOVE IT !
Re: paperwork... Sounds very similar to Panama
Been and still goin thru my own set of bruising in Colombia, this video is SO ACCURATE don't discount this man's knowlwedge. He is telling the truth. You are NOT different, you are NOT special down in LA, you are the rich Gringo to be had over and over again. Include this in your calcuations and then add 100% to your budget and time-lines
Haven't found a good lawyer? Try Carlos and Alejandra Echeverria-Alfaro from Bufete Echeverria on 3rd, a few blocks from the national theater. They are brother-sister. They are ticos but are educated in Canada and speak multiple languages. I used them for years in all of my dealings in Costa Rica and found them to be so honest that it was hard to believe they were attorneys.
Respect to buying and building.
1- What is the purpose of the investment?
2- Check the conditions: kind of zone, roads, access to electricity, water, telephone, internet, cable-TV, etc.
Visit many places, no only traditional places, many places means many prices. Check the price for sale of neighboring lands and neighboring houses, estimated price per meter in the municipality, local taxes, building (cost / meter) at the place.
3- Make a contract which stipulates a limited time to deliver the work, otherwise the construction company will have to pay a high fine for each day of delay.
Believe me, Costa Ricans are not fools, for each problem, already exists a solution.
It is hard to say but you are totally right. I am from Costa Rica and I moved to USA in the mid 90 to live with my father. I love my people, I love my family I love my country but the way most people do some things is just absurd...for example...if you want to build a house...no mattet how large or small it is you must get so many institutions involved to make it happen...let me give you an example...I own acreage with timber that is ready to be harvested...so I figure...it is going to be extremely cheap to build a house....no really...because the type of wood I am going to be using which is free to me...it is more expensive than the traditionally used concrete and cinder block...anyway...the architect, a professional that has to get a license from Colegio Federado de Ingenieros y Arquitectos so he can practice his profession has to draw the blueprints...and now this is where it gets interesting...the architect will charge you based on the estimated cost of the property...no competitive pricing...and you, the paying customer MUST pay the CFIA as well for the permit to build which is also extremely expensive...and the worst of all is that CFIA does not give you a break if you are using wood from your backyard because it is almost free...well...not really (I will get into that later). Just to give you an idea...if you have the wood to build a 914 square foot structure (80 m2) you MUST pay about $4, 000.00 USD on permits and inspections( CFIA, County, architect fees and consulting, use of land and construction site permit/inspectionSETENA). Keep in mind that you have not even touched a nail... I have worked as a consultant for Ritz Carlton, Four Seasons for more than 10 years and not even in New York City they make it so hard to build...it is like the legislation they have in Costa Rica wants the country to stay underdeveloped...no many locals have $4K to burn in paperwork...Sad but totally true...that is how things are in CR. So what happened to my project? I said...well...I am just going to move to Florida once I reached retirement age...at least I will be able to find a part time job and I will pay $37 USD for my car tag every year instead of $847.00 for a marchamo. I love my country but it makes no financial sense to me to move back there when I grow older.
That could be through but that also ensures thst your house will be able to withstand a natural event, we have had several scary events and most houses are unaffected as where in other countries especially the us and mexico people die due a tornado taking down a house.
People are calm during 5.5 tremmors here due to how solid the houses are.
I was just looking for remote employees in Costa Rica. Despite my fluent Spanish, I am offended by being referred to as a gringo.
thanks ! great videos men
Thank you!! Very informative!
+Sean McMonagle you are very welcome.
Some of it is about 3 years old now? Any updates or change in views?
nope. still relevant.
***** thanks again
His impression of the “yes” people 😂😂
I have a question, there was another video with you and a young lady talking about putting your house, car, ect under he name of a corporation or what ever. with that being said isnt the business already filed for the 200-250 bucks? because it seem like they made her go through these lengths you speak of and set up a business plan etc. so if the business is already filed is that not even a legit business one would be filing? or am i mistaken and your talking about having a special business building and possibly building it literally from the ground up? I just want to be clear. The reason I ask is because I want to stat a simple food truck possibly and sell some us food. (do you think ticos are open enough to try every day u. food?) Thank you.
The house, car whatever can and is under a corporation but normally it's a different corporation than your actual business. 2 separate things. It's just about protection of your assets....
Ok thank you. And are ticos open to u.s food or is that seen as rude to try to get them to try it/buy it?
First off, had a couple other friends with this idea and they had some problems with the legalities of a mobile truck, so you might want to look into that. And it's not that they don't care for the food, it would be more about the competition of you coming in to an established area. And the thing is, selling to Tico's, you would never made enough money to sustain yourself. *but anyway, just do your homework.
thank you
out of curiosity,, do90 percent of people try to open restaurants or bars or bed and breakfasts,resorts ..that is a big reason many businesses fail in the states
+milodah Those are the BIGGIES....
I want to start a trans transportation company /Any TIPS..
TRUE 100 PORCENT
hey, i know this guy. its erics roommate from volcano lake adventures!
The forth Monday, LOL.
Damn Michael, I'll be dead in 2 years....sigh
Great video that is how exactly how it works is costa rica they all have excuses to get your money and get nothing done the more money you display the less you get done because their job is to milk you, i from there and i totally lost it in there, after living in the US for long time i now that Costa Rica needs a new operational system to be more prosperous and progressive. I breaks my heart is like dialing with somebody who has is disable and you can help it is so sad
An internet based business run from your rented or owned CR home will work very well; I operated one there successfully for some time and will return again in November to live in San Isidro de el General. However, any other type of business or property deal with a gringo is practically doomed before it gets started. Tico Time is a real thing and it sucks. Pura Vida? Pura Bullshit most of the time. Everything takes forever. The best advice you can get is to get a Tico you can trust to help.
Jerry Jeff Walker wrote a song called Just Another Gringo in Belize, that referred to this very thing. I have traveled Latin America extensively and presently have a home in Puerto Rico and it is the same everywhere! Even non Latin countries in the Caribbean operate this way. Americans are spoiled and think everyone does things the way they do…not so! There is a "rest of the world" and it doesn't cater to the American temperament! Get on a timeline or a strict budget south of Miami and you will be sorely short changed
The old expression of, "beware of smiling faces applies" everywhere in this Earth !
Especially if You are percieved as being born "priveledged"...
This is a very informative video, THANK YOU !
Costa Rica must let gringos in if they want a good economy, but gringos also have to learn Spanish and accept the culture for what it is, not try to change it. Pinochet took over in Chile because Allende, though elected as a populist, was running the economy into the ground. Yes, the elite wanted to get rid of Allende, but so did regular folk because he was very heavy handed. Pinochet was a terrible reaction to Allende. You can't count on stability in any Latin American nation. Study History.
Jealous much??? If they didn't want those businesses there,they wouldn't be there.
South American countries like Colombia, Brazil etc are just starting to come into their own without US interference. Good trade, yes, interference, no.
Nude Yoga Dinosaur Park - why didn't I think of that?
haha....
***** Thanks for the excellent videos. I'm headed to CR or Ecuador and it really helps to know what you are posting. 3 thumbs up.
23 architects??? i'm an architect and i would be highly insulted! i would filet fish and make like a tree and get the fuck out of there!
This validates my opinion staying home in the USA, hunkering down and riding out SHTF is the best idea. The insanity of it all. My brain stem is melting just listening to this. No jab at Costa Rico but I am just to old to learn a whole new frustrating culture. Thanks for the info. God bless Costa Rica.
Smart man, Kyle. I wish I wasn't so disillusioned with the US that I could try to stay. Good luck up here; be really really prepared for cold. You will remember someone saw it coming...
Hmm "frustrating culture" so my culture is frustrating because is too complicate for you? Frustrating culture because if it cannot be done your way then is
frustrating? Does my culture needs to work under your command in order to make it not frustraring for you?
@@luiscampos1164 I know your comment is quite old now but I think you demonstrated quite well what aspect might be wrong with your culture. Kyle tried to respectfully discuss a situation and you got uptight about it and went out of your way to take offense. You would rather act like things are perfect, even though you know they aren't, instead of improve them or take any constructive criticism. Your culture's way of non-committal interaction can frustrate others, if that offends you, deal with it. It's just a statement.
Thanks Pal, killa info
you are welcome.
naked people with dinosaurs...with giant waterguns...and a stripper pole x)
Sounds like the crap you have to do in the states only easier.
What a bunch of stereotypes and generalizations. I can see a lot of racism, double standards and a mix of religion and law in the USA. According to what you stated: I AM NOT a Costa Rican at all: I like change, I promote change, I hate soccer and do not drink at all.
Well that was an interesting video, corruption and graft make Central America work. Of course it happens in a lot of places too. That's why people want to come to America, not Costa Rica. But the warm sunshine sure is nice. Thank you for the real world information. Gringo Pricing, well said.
I didn't say gringo economies are good, or that Costa Rica or other Latin American countries should emulate them. I said that Costa Rico knows it has to let gringos, and others in, if they want a good economy since so much of their economy is dependent on foreign investment. I also said both Allende and Pinochet had the wrong approach. Latin countries have a right to run their own affairs, and those who do business there should accept the culture as different and learn Spanish.
Like every Colony Latin countries were left with a cultural vacuum that resonates up to this day. Look at India on the other side of the world. Same kind of problems.
Not going to lie.. I kinda laughed at this because it hit really close to home. Everything you said is 100,000,00% true!! Tico time! Pura Vida!!
a nude, yoga, retreat/dinosaur park next to the volcano does sound nice...
You will completely get ripped off in Costa Rica.
In the US you will be killed in a mass shooting.
this is true of almost any rural area in north America...except for the corruption and bribery...try hiring an electrician in Wyoming or northern manitoba
It not is real, I meet many North Americans that has business in my country and dont is a fail, Costa Rica is a good place for business, I love my country, Pura Vida, always are good welcome.
Control, seriousness and efficiency, you are NOT going to get it here in Costa Rica.
Here is informal inefficient and people will NOT give you the customer treatment, welcome to Costa Rica, I'm Tico by the way, and I feel your pain.
Gringo business had made rich people more rich and the poor Costa Ricans more poor, I left my country because there is no options for normal Costa Rican to afford a house without having to pay $ on front , you don't know how much that affect normal people like perico de los palotes!!!
what is gringo? some kind of Spanish dish? what does gringo taste like?
Shaded Muse Gringo is an apocope of GREEN GO (home) from your neighbors the Mexicans, if you are a gringA. If you are not a gringA, the name came from the Mexicans anyway. And some gringAs taste good, others don't. And a gringo can be a Spanish dish if he let's himself get caught by the cannibals from any Spanish peaking country. I hope your doubts are resolved.
What a dump. I'll just move to Florida if I want nice weather. Probably save money in the end and definitely my sanity.
Trust me when I tell you this Victoria....we want you in Florida too.
***** It sounds to me that you are trying to persuade people not to move to CR because you don't want other gringos living there??!!! All of your videos sounds like you are complaining about living there because it's so hard with this and that and blah blah blah....don't get me wrong, i think it's great to hear a different perspective amid all of the stories about living in paradise but you just make it sound awful...
People, it really is frustrating down there...
However, it is a small beautiful country.
it's only difficult if you do something. If you sit around sipping margaritas life is so simple.
TELL YA WHAT... I HAVE (had) EVERY INTENTION OF FLYIN WITH WIFE IN TOW TO COSTA RICA TO LOOK AT A FEW PROPERTIES TO PURCHASE....
After watching several of your videos...
I dont know...
So, did ya?
Manhattan has gringo prices I have paid $6 beer at a bar, American theme parks has gringo prices I paid $3 bottle of water in Orlando and these are tourist area of USA and many ticos travel to the USA I pay gringo prices, so whats the big deal? Its a tourist country!
Absolutely...look at North Dakota. Bismark ND has the highest rents in America? A barren frozen flat wasteland? No question about it. Go skiing some time at Aspen.
TreesOnTheBeach Some prices are the same and some more. But there's also a lot of things you get MUCH cheaper.... like labor.
6$ is a lot? That's the starting price for a beer in Canada
Kyle Ernst Well sure, You have 100,000 oil/gas people move in the State you have high rent. Same in west Texas - HUGE rents in hell... \
I would say that the Number One reason why Gringo Businesses fail in Costa Rica is because people, quite frankly, don't know what the hell they're doing. I wish that I could count the number of Gringos whom I have met, who have come to Costa Rica with the intention of opening a bar, restaurant, or hotel... but I lost count a long time ago. I do know these numbers..
In Costa Rica... a country just a little larger than the state of West Virginia, there are over 2100 hotels and over 4500 bars and restaurants. As part of my job, I have visited most of them. They do exist. At least 75% of them are run by Ticos.
Now... Who is the typical Gringo entrepreneur in Costa Rica? It's a guy from the USA who is ready to invest his life savings in a bar, restaurant, or hotel... and 9 times out of 10, that Gringo has ZERO experience in the hospitality industry.
It's a very common tale... This Gringo will get reamed on a continuous basis, from the moment that his feet hit the ground in Costa Rica, until his bar or hotel closes, about 6-12 months later... his entire life savings... GONE! A very common tale.
Oh and probably the worst part your probably going to have to do business with suppliers or others. Good luck with that!
Oh yeah, scary stuff there. While CR is much better in that regard there's still so many differences, like your video on owing a business in CR shows: ruclips.net/video/YnYyvb482k0/видео.html
hard to recognize it, but it is real, and I am costarican
Now you know why all latin America is third world.
Without a little bribing you can’t do business in Latin America
You look like you own an athletic gym in Costa Rica)
hello I'm from Australia been watching your videos on Costa Rica I found it quite interesting
I've tried to get through to your email ,it just doesn't show up. Have you an email that will connect
Kind Regards
harry
harry kelleris Yes,,, our site is down. Working on it now... not sure what happened. Our email address is info@travelcostaricanow.com
Again, the title of your video sucks, it should be like, precautions you can take when you start a business in CR.
Business fail not because theyre based in Costa Rica, they fail because they dont have have market studies, experience, and basically amateurs. HONESTLY
Lets see you make a better video !