Welcome to News on the 10th! Our monthly news update.

President Elect Biden effect on Costa Rica?

How will President elect Biden effect the Costa Rican real estate market? From my perspective only positive results. The current Trump economic policies that stimulated the US economy are expected to remain intact. In fact the KEY factor for the US economy are interest rates. Currently the US Central Bank, The Federal Reserve, continues to support ultra low US interest rates during the next few years. These extremely low interest rates should continue to propel both the US economy &  US Stock market to record highs resulting in a continuation of a Wealth Effect. What does the Wealth Effect mean for the Costa Rica economy and real estate market? Businesses in Costa Rica should continue to prosper from export of services, goods and tourism. Leading to locals to purchasing real estate. In addition, Foreigners coming to Costa Rica to buy vacation homes or retiring in our land of Pura Vida – ville!

Thank you for reading my article today!

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As always, I look forward to working with you now & in the future…

Anthony