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Costa Rica

CINDE Costa Rica Investment Promotion Support

Funding Amount
Investment facilitation + tax incentive administration

Program Overview

CINDE (Coalición Costarricense de Iniciativas de Desarrollo) is a private, non-profit, non-political organization founded in 1982 and declared of public interest in 1984. As Costa Rica's official investment promotion agency, CINDE is responsible for attracting foreign direct investment (FDI) and has successfully helped hundreds of companies establish operations in the country. CINDE administers tax incentives and benefits granted by the Costa Rican government to companies making new investments.

Key Services

FDI attraction and investment facilitation

Administration of government tax incentives

Site selection and establishment support

Guidance on Free Trade Zone regime benefits

Regulatory and compliance assistance

Ongoing operational support and resources

Strategic Sectors

Smart Manufacturing

Advanced manufacturing, electronics, precision components, automotive, aerospace, and medical device manufacturing.

Knowledge-Intensive Services

Software development, IT services, BPO, shared service centers, call centers, R&D centers, and consulting services.

Health & Wellbeing

Medical device production, pharmaceuticals, biotechnology, health services, and wellness industries.

Available Incentives (Administered by CINDE)

Income tax exemptions or preferential rates

Import and export duty exemptions

VAT exemptions on qualifying transactions

Free Trade Zone regime access

Contact Information

Agency: CINDE (Costa Rican Investment Promotion Agency)

Website: www.cinde.org

Common Questions

CINDE (Costa Rican Investment Promotion Agency) provides free advisory services to foreign and domestic companies establishing or expanding operations in Costa Rica. Services include site selection assistance, regulatory guidance, labor market intelligence, connections to local suppliers and talent pools, and support navigating free trade zone applications. CINDE specializes in attracting technology, life sciences, and advanced manufacturing investments.

CINDE itself does not provide direct financial grants but facilitates access to Costa Rica's incentive programs including Free Trade Zone benefits (income tax exemptions, duty-free imports), training subsidies through INA, and municipal tax exemptions. CINDE acts as a one-stop-shop connecting investors with the relevant government agencies and incentive programs, significantly streamlining the process of establishing operations in Costa Rica.

CINDE differentiates through aftercare services extending beyond initial establishment. Unlike bodies in Panama or Guatemala, CINDE provides ongoing workforce training coordination, supplier matchmaking, and regulatory navigation throughout an investor's lifecycle. Costa Rica's bilingual talent, robust IP protections, and free trade zone network strengthen the proposition for knowledge-intensive foreign direct investment.

CINDE evaluates investments through benchmarks including employment created, salary levels relative to national medians, export revenue, and local supplier procurement. The agency monitors technology transfer indicators such as patent filings and training hours delivered to Costa Rican workers. These measurements refine targeting strategy and demonstrate socioeconomic benefits across the provinces.

CINDE actively recruits orthopedic implant fabricators, cardiovascular catheter assemblers, and diagnostic reagent manufacturers by showcasing Costa Rica's bilingual biomedical engineering workforce. The agency facilitates cleanroom facility permitting, sterilization validation protocols, and FDA registration pathways through established regulatory consultancy networks. Proximity to North American distribution channels reduces freight transit durations for temperature-sensitive biological products. Existing cluster density generates specialized supplier ecosystems encompassing precision machining, polymer extrusion, and electronic component integration.

CINDE maintains dedicated technology scouting teams that benchmark Costa Rica's software engineering talent pool, cybersecurity certification penetration, and cloud architecture proficiency against competing nearshore destinations. The agency coordinates introductions to university computer science departments offering customized curriculum partnerships. Telecommunications infrastructure assessments covering submarine cable redundancy, data center colocation availability, and latency benchmarks substantiate connectivity reliability claims. Shared services centers benefit from CINDE's workforce retention analytics and compensation benchmarking databases.

References

  1. CINDE - About. CINDE Costa Rica. View source
  2. CINDE Services. CINDE Costa Rica. View source
  3. Costa Rica - Corporate Tax Credits and Incentives. PwC Tax Summaries. View source
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