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Business in Costa Rica mired in red tape

Tuesday, August 30, 2011

Doing business with the Costa Rican government can be exhausting. In some cases it might take three decades from the planning stage to completion.

Red tape and legal uncertainty make many potential investors to think twice about the country.

Examples are everywhere. The Las Crucitas gold mine and potential investments in crude production by Harken and Mallon Oil have faced academic and political groups, permitting delays and changes of the government.

Original source (in Spanish): La República