Caribbean Highlands Blog

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The Costa Rica Employment Market is Growing

By Keith Macartney / February 12th, 2013 / No Comments

The Costa Rica employment market is growing for several reasons. CAFA (Central America Free Trade Agreement) and instigated over $2 billion in foreign investment. Companies such as Intel, IBM, HP, Fujitsu, to name a few, have set up manufacturing and assembly plants in the Costa Rica Free Trade Zones. Further there has been large number of supporting service businesses that has come online to support these larger companies in terms of service and product. While these multinational

companies do hire primarily locals, they are always on the lookout for talent. Employment with larger companies like these require legal residency and/or work visa, in order to legally be able to work in Costa Rica, further residency is now being structured as a requirement to have a bank account, something you will need if you are legally working here. Another reason the employment market is booming, is that Costa Rica, while having a young, highly educated inexpensive work force, is still looking for talent. By talent I mean, experience, management skill sets, self-starters, take ownership individuals. Many 40 something and up expats are finding a place here in Costa Rica, and are actually a sought after commodity. Many baby boomer aged individuals in United States and Canada, have a hard time competing with a young, fresh out of college job seeker in North America, but down here they are often still at the top of the employer wish list.