Costa Rica has best regulations for opening a foreign business, says World Bank

Costa Rica has Latin America’s best regulations for opening a foreign business, while Venezuela has the worst, according to the World Bank’s new report Investing Across Borders 2010.

 

“Countries in Eastern Europe and Central Asia and Latin America and the Caribbean have fewer equity restrictions on [foreign direct investment] ownership than economies in the other regions,” the bank says.

 

Costa Rica scores 73.7 on the bank’s ease of establishment index, which measures the regulatory regime for establishing a foreign-owned

 

subsidiary. Original source: Latin Business Chronicle