FAMILY OFFICES ARE MAKING THE MOVE TO COSTA RICA

Family offices provide family members with services such as family governance, family tax and legal support, family connections and networking. Costa Rica has seen a rise in family office investments over the years.

When looking at family office investments, one of the most important things to consider is whether or not assets can be kept safe within its borders; Costa Rica's strong rule of law, respect for property rights and bank secrecy laws make it an ideal location for family office investments.

In addition to asset protection and wealth preservation, family offices look for places where investment opportunities exist as well as financial institutions that they can rely on. Many family offices prefer investing in real estate because they can leverage their balance sheet when making acquisitions- this is especially true in family office investments.

Family offices have a great deal of flexibility when it comes to family office investments and therefore can choose the place that they feel is best for family members. This allows family offices to invest in Costa Rica as well as other countries such as Panama or Uruguay.