American Expatriate Costa Rica

Costa Rica invested in tourist attraction in UAE

This morning, in the Golden Hall of the Costa Rican Foreign Ministry, two agreements were signed between Costa Rica and the United Arab Emirates that will benefit investors from both countries.

One has to do with the elimination of double taxation in terms of income tax and the other on the promotion and protection of investments, which takes place on a reciprocal basis.

During the event, the first Costa Rican investment in that country was reported.

According to Francisco Chacón, Costa Rica’s Ambassador to the Emirates, the project was launched approximately a month ago and is scheduled to open in December.

It’s a concept similar to the canopy we know, only over the rocky mountains of the place,”

said the diplomat.

The tourist attraction will be located in the Emirate Ras al-Jaima, which is near the border with Oman, where there are between eight and 10 Costa Ricans, mostly linked to the project, which would break a Guinness record for the length of the cable.

For Costa Rica, Chancellor González was emphatic in his desire to open the door to all the investments from the UAE, since that would generate many benefits to the country.

The agreements were signed by the foreign minister of Costa Rica, Alexander Mora and Mohammed Sharaf, Deputy Foreign Minister of the Emirates.

crhoy.com