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Welcome to the Fairhomes Land Investor Information website. Please read the information carefully before using this site. By continuing on this site you acknowledge that you have read and agreed to the following: Forward Looking Statements – Statements prepared by Fairhomes Land and made on the Fairhomes Land Investor Information website that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. For the purpose of establishing the Seller’s compliance with Federal Interstate Land Sale Full Disclosure Act 15 USC 1701 (“ILSA”) in the sale of lots to buyers, the enquirer confirms that they are a builder, investor or developer licensed to do business in the state of Florida and is engaged in a bona fide land sale business and is purchasing the property for the sole purpose of either constructing a residential home or selling the same in the normal course of its business. The enquirer further represents and warrants to the Seller that the enquirer is in the above referenced business sale of land sales and/or building residential homes and selling the same as an activity of continuity, regularity and permanency. The enquirer is a knowledgeable and sophisticated investor, developer or builder of real estate properties.
Tel: +1 (905) 415-9267 or +350 200 400 48

Costa Rican firm buys Arizona office complex

7th Dec, 2012back

276 The Phoenix Business Journal recently revealed that an investment firm based in Costa Rica has acquired over $12 million in cash in order to buy an office complex located in the capital of Arizona. 

 

Two months ago, back in October, there was a report in the Costa Rica Star regarding the purchase by Florida Ice and Farm Company of North American Brewery Holdings.  This transaction was valued at $388 million and was also paid in cash.

 

These transactions could be a sign that the trend in which US investors flocked to Costa Rica in the last 20 years of last century, pumping dollars into the national economy as a result, might now be being reversed.  The trend came to an end thanks to the recent Great Recession and the global financial crisis, with the ripple effect from the real estate, credit and mortgage markets meltdown in the United States succeeding in toppling economies all around the world; however, a number of emerging markets, including Costa Rica, have proven to be resilient in the face of all of this.

 

The United States has been struggling to keep its macroeconomic edge over the course of the last few years, and part of the strategy for economic recovery has been to attract foreign investors.  This move is normally reserved for developing countries, such as Costa Rica.  At the heart of this strategy are the EB-5 Visa or immigrant investors, which could result in the shifting of a number of funds from Costa Rica to the United States; Tico investors with large pockets are being enticed by the notion of helping desperate job seekers in the US.  The US Citizenship and Immigration Services has labeled the EB-5 visa program as "Green Card Through Investment".