Research from DSR finds rental yields on the country rarely drop below ten and 12 per cent, with a liberal tax system also providing a boon to investors.

    The first $2,698 (£1,550) earned from rental is exempt from taxation, with additional earnings taxed progressively between at a rate of between ten and 25 per cent.

   Furthermore capital gains tax (CGT) is not charged – outside of recurring (habitual) transactions whereas inheritance and gift tax is between one and two per cent.

    Finally total transaction costs are a moderate 8.58 - 13.58 per cent.

    Costa Rica has also signed the Central America Free Trade Agreement (CAFTA), allowing for the trade of its major export micro-processors, as well as other famous South American export goods like coffee and cocoa.

    The country also offers a range of habitats for investors to consider. It has both Caribbean and Pacific coastlines, which give Costa Rica a selection of fantastic beaches - but also allows visitors and property investors a choice of climate: humid heat or dry heat, as the country  is cool in the centre.

    Lush vegetation, jungles, tropical plant-life, and awe-inspiring volcanoes, as well as sun, sea and surf also attract investors.