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Author Topic: Relocation interests  (Read 2815 times)
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Oceanman
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« on: May 30, 2007, 01:45:17 PM »

Hello,
As I just found this forum I wanted to post a brief message. Like many, my partner and myself are interested in relocating to CR. Currently I am employed by a cruise line company and consequently have visited CR quite a few times, unfortunately, those were brief visits related to my job, but at least I got a sense of the country and would like to explore my opportunities. I'm about to stop working and am interested in buying real estate. Being too young and too active to fully retire,a small business operation would be ideal, like a B&B, small resort or hotel.(Having worked on "floating"resorts-cruise ships-I've learned a bit about the hospitality industry !)
My partner, we're both from Europe, the Netherlands and Slovenia, is a professional therapist so she would love to be able to do something in her field, which hopefully could be combined in operating such a small venture.
Naturally I need to explore this forum as I am sure it will answer lots of questions and of course, once I have finalized my parting business we intend to travel to CR ( in the next few months)to view the various listings etc. But, most important, I look forward to see advises or suggestions from folks on this forum.Thanks
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Russ
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« Reply #1 on: May 31, 2007, 09:00:20 AM »

Hi Oceanman, thanks for joining the forum. 

Opening a B & B is a very traditional business for foreigners here in Costa Rica.  With your hospitality background you know what is involved in catering to travelers - which is one place many prospective B & B owners trip up eventually, they don't realize how much of a slave you become to the business.  I take it your partner is a physical therapist or massage therapist as opposed to a therapist psychologically speaking?  In the first case there is a clear connection to a B & B type of operation, people come to relax and renew themselves and staying at the B & B is an integral part of that experience.  I recall a place we had listed on our site a few years ago in the Southern Zone, the grounds contained "magic rocks" and hot springs that had been used for therapeutic purpose since indigenous times.  There are plenty of good spots like that in Costa Rica, it will just be a matter of finding the right opportunity that is in line with your methods and vision.

You might like to buy an existing business in order to save yourself the red tape of getting your own permits.  Here is a good article on Buying a Business in Costa Rica
 so you can see what you have to do in that case.

It is only fair to warn you that while tourism has grown steadily over the past 10 years, much of the current growth is from large tourism companies like Marriott, Ramada and 4 Seasons - for example.  The small operators are getting squeezed out in many ways.  I don't want to discourage you, but you should be aware of the trends.  But I still think that someone with the right niche and right experience can be successful in a small operation. 

Just make sure you have enough working capital and a solid marketing plan.  Please don't hesitate to ask any questions as you get further along in your research. 

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Russ Martin
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Oceanman
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« Reply #2 on: May 31, 2007, 03:35:32 PM »

Hello Russ,

Thanks for your quick reply,and suggestions,  it's appreciated !
Yes, we do realize the "hazards"of becoming a slave to such a venture, and preferably we would look into the options of running a seasonal operation providing us some "leasure"time in slow times. But that just depends of course.
My partner is indeed a massage/beauty therapist with extensive experience, even in running a demanding SPA with up to 15 personnel.
An existing operation would be our preference as well.
I am a bit surprised with your caution re. small operators, funny enough, in my line of work we noticed a tendency that our guests preferred smaller operations, providing a more personalized service and intimacy versus the "mega"operators.But then again, this is a different branch of the hospitality industry.
Our goal is to travel first to CR to get a "feel"of the land, look at locations and listings etc.before committing ourselves.
Thanks again, and no doubt I'll be on the forum for more specifics once I'm not tied up anymore.
Best regards
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Jogi
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« Reply #3 on: June 16, 2007, 06:32:50 PM »

Dear Oceanman,

you are right and even if there are some big resorts coming, there have being always people coming to Costa Rica who did not want to stay in them. As more resorts we will get as more clients for the small hotels and B&B we will get as well.
Russ is right with the slave thing so make sure you have a good manager or person who can run the business so you and your partner can have a break. There are many smaller businesses here who work very hard, but never had a break or vacation for years. Get a break at least 2 times a year, then you will really enjoy it and happy to leave to enjoy your vacation and see something different. After a while you are even happier to come back to Costa Rica and start again with a real smile.
Try to travel the areas as you said, select first the region, then concentrate on the property.
Based on your background and the interest in getting good information you are on the right track. Good luck and keep us posted at least when you start operating it.
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"Jogi"
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Oceanman
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« Reply #4 on: June 25, 2007, 01:41:11 PM »

Hello Jogi,

Thank you for your reply and advices, I am currently still in Holland, dealing with some issues re. my employment which are taking longer than I had anticipated.However, once I have dealt with these I will travel to CR and familiarize myself with the potential opportunities.The more time I spent here the more I long to return to the tropics ! ( I also own a condo in South Florida)
You might see a message for an appointment once I (and my girlfriend) will have the time to come over !
Kind regards,
Oceanman
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Jogi
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« Reply #5 on: June 26, 2007, 04:34:09 AM »

" I am currently still in Holland, dealing with some issues re. my employment which are taking longer than I had anticipated."

You can see that as a kind of survivor training in order to be prepared for what you might have to expect here sometimes as things can go with a much slower pace.

" You might see a message for an appointment once I (and my girlfriend) will have the time to come over ! "

Anytime Oceanman, would be glad to help you with your plans, just come by when you are on the beach in Tamarindo or Samara. You might want to check with Ivo, he is dutch as well and a great guy, he can help you a lot with useful info about real estate and all what is related regarding your move. www.godutchrealty.com

Good luck
Jogi
« Last Edit: June 29, 2007, 10:53:50 PM by Jogi » Logged

"Jogi"
Jürgen Gerner
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Oceanman
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« Reply #6 on: June 29, 2007, 03:20:41 PM »

Ha ! Thanks again for answering ! Trust me, at times the Dutch ( European ?) bureaucracy and the like are worse than anything I encountered while travelling !The (shipping) agency we used in Puerta Caldera/Punta Arenas, as well the agencies in Nicaragua and Mexico were a blessing at times !
Allright, I'll look forward to meet up.
Kind regards,
Oceanman.
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costaricabuilder
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« Reply #7 on: July 16, 2007, 11:52:52 AM »

If you are serious about moving or doing business in Costa Rica you should first and foremost plan on learning the local language and the Latin culture. Most foreigners have become accustomed to things such as promptness and efficiency. That’s our baggage from our industrial and technology driven world. The expectation that these things exist in Costa Rica is our problem not the Tico's. If you're expecting things to be the same as in your home country then you're bound to get disappointed. A move to another country allows you to start over with a new life and experience a new culture in a new environment.

After 15 years here, I still have to remind myself; "If I don't expect much, I won't get disappointed" Then I step back, take a second look at the situation that is beginning to frustrate me and remind myself where I'm at, whom I'm dealing with and why I'm here. Then the situation at hand doesn't seem so irritating. Foreigners who do manage to stay for a long time in Costa Rica do so because they possess patience and flexibility. People who become frustrated here and decide to go back home, don't do so because they couldn't find their favorite beverage or a suitable appliance. They leave because they couldn't adapt to the local culture. The unexpected trials and wide differences in cultural understanding often make the transition much more difficult than expected.

Years ago I noticed several cultural differences that used to make my life in Costa Rica frustrating. Concept of time, expectations of efficiency and understanding the local language. The cultural differences in comprehending time can be attributed to the fact that Costa Ricans and foreigners place a different value on time. For us time is money.
Tico's live for the pleasure of 'now' and occasionally during the week take the time to exchange a little work for a little money.
We are continually bothered by what we foreigners view as a lack of punctuality on the part of Costa Ricans. Costa Rican's will say, "I'll be there manana", but they usually don't. Often they are not hours late, but days late, with no excuse, no phone calls, no apology.

New resident's who can slow down and adjust to Tico time, have a much better chance of making a success of their new lifestyles. Obtaining residency here usually takes much longer than expected. You need to hire a consultant to get a drivers license. The list of frustrations goes on and on. The bottom line is if you are not able to slow down and adapt to the culture you're probably going to end up back where you came from.

Culture is embedded in the language, and misunderstandings often arise due to the ways in which people of distinct cultures express and understand language content. Europeans and North Americans are very direct. In Costa Rica, the Ticos don't say things up front. It's part of their culture and is considered bad manners. Therefore if you don't understand the culture you get frustrated and some folks become angry and this offends the Ticos. Misinterpretations therefore arise because Costa Ricans view foreigners as “rude” while North Americans find Costa Ricans to be “indirect” or even “dishonest.” Many foreigners feel that they have had to learn to decode what their Costa Rican associates and friends are really trying to say. It is not that Costa Rican's lie more, it is that they are trying to save face. Costa Ricans don't want to disappoint you. If they don't know the answer, they say to themselves 'I don't know but I want to give my best guess.' You have to learn to listen carefully and read between the lines. A simple word like "Ya" can mean "it's already done", "I'm doing it right now", or "I'll get to it soon

We've all faced new challenges in Costa Rica and those of us who have been able to acclimate enjoy the benefits. The country's strong democratic tradition, innovative environmental programs, museums, cultural activities, and cheaper living costs continue to make Costa Rica a popular destination spot, particularly for tourists and retirees.

The option to live a lifestyle similar to that in a large North American city is here if you want it. Check out the selection and pricing in any of the major shopping malls or at the local supermarkets. Most products that are imported here from another country incur duties. These duties are built into the price you pay at the cashier. If you want to live and consume the same products available from overseas, they are available here but not cheap. Perhaps if the new free trade agreement becomes a reality, this will change.

I prefer the old days before there were shopping malls filled with international retailers and Hooters. I don't miss any of what these new franchises have to offer. I patronize typical Costa Rican businesses and my budget is much more affordable.
 
It's nice to have options and that's a new philosophy I recommend. Plans tie you down. Options offer freedom. You don't irritate someone because you exercised an option. But there are many times when plans did not materialize as expected and someone gets irritated. Keep your options open and your plans to a minimum.
Live like the Tico's, adopt their attitude and adapt to their culture. You'll probably live longer and happier! Pura Vida! tom@costaricahomebuilder.com
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Utilizing 25 years of land development and construction experience, with over 15 years in Costa Rica, I help my clients "See Beyond The Obvious" to anticipate problems and avoid paying for costly repairs. An inspection and detailed report will insure that you can complete your purchase without unple
Oceanman
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« Reply #8 on: August 01, 2007, 02:25:46 PM »

Hello Tom,
Thank you for the candid reply and trust me, I am still "taking in"all the messages and various info I receive from various sources.
I guess I have maybe a (slight) advantage, of being familiar with what we call "tempo doeluh"which is a phrase in the Indonesian language, similar to "Manyana". Apart from the fact that I was partially raised in Africa and besides that am familiar with quite a few cultures. Nevertheless, your advices are important, and it's appreciated. Unfortunately I'm presently still tied down in Europe, for reasons beyond my control, but it gives me more time to study and familiarize myself with the aspects one faces.
Thanks again !
Oceanman
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