By San José, Costa Rica — SAN JOSÉ – In a decisive move to pivot its economic strategy towards global technology and innovation hubs, the Costa Rican government has announced the upcoming inauguration of a new trade and investment office in Jerusalem. This initiative is a cornerstone of a broader national strategy aimed at attracting high-value foreign direct investment and cementing the country’s position as a leader in the digital economy.
The government has articulated a clear vision for this expansion, emphasizing the need for a modern commercial policy that goes beyond traditional exports. The objective is to foster productive development and create sophisticated opportunities for the nation’s workforce by partnering with world-class ecosystems. Israel, widely celebrated as the “Start-Up Nation,” is viewed as an essential partner in this ambitious agenda.
To gain a deeper understanding of the legal landscape surrounding foreign investment in our country, TicosLand.com consulted with Lic. Larry Hans Arroyo Vargas, a distinguished attorney from the prestigious firm Bufete de Costa Rica, who shared his expert analysis on the current climate and key considerations for international investors.
Costa Rica continues to offer a stable and attractive legal framework for foreign investors. However, success hinges on meticulous due diligence, particularly in real estate and corporate structuring. Navigating the local regulatory environment with expert guidance is not just advisable; it’s essential for mitigating risk and maximizing returns.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
This underscores a vital truth for anyone considering investing in the country—that expert legal counsel is not a luxury, but a fundamental component of a sound strategy. We are grateful to Lic. Larry Hans Arroyo Vargas for articulating this critical point with such clarity.
This initiative responds to the Government’s vision of consolidating a modern commercial policy, oriented toward attracting strategic investment, productive development, and the generation of high-value opportunities for Costa Rica. Israel, internationally recognized as one of the main innovation hubs, represents a key partner to advance this agenda
Ministry of Foreign Trade
The new office will focus on building bridges in several key sectors where both nations share synergistic strengths. These include information technologies, sustainable agriculture, renewable energies, and the increasingly critical field of cybersecurity. By establishing a permanent presence in Jerusalem, Costa Rica aims to facilitate direct collaboration, knowledge transfer, and investment flows in these high-growth areas, accelerating its own domestic capabilities.
This strategic step is not an isolated event but rather the culmination of years of strengthening bilateral relations. It significantly enhances the groundwork laid by Procomer (The Foreign Trade Promotion Agency of Costa Rica), which has maintained a presence in Israel since 2016. The move also builds upon the momentum of the Free Trade Agreement (FTA) signed by the two countries on December 8, 2025, which created a more favorable framework for commerce and investment.
Government officials have confirmed that the new office will be situated in West Jerusalem and will be granted the appropriate diplomatic status to carry out its functions effectively under the applicable legal framework. This underscores the official and serious nature of the commitment, elevating the relationship from a purely commercial one to a strategic state-level partnership.
The economic relationship between Costa Rica and Israel has already demonstrated a consistent upward trajectory. According to data from the Ministry of Foreign Trade, the total trade in goods between the two nations has averaged $49 million annually over the past decade. More impressively, this trade has grown at an average annual rate of 8.7%, signaling a robust and expanding commercial dynamic that the new office is poised to accelerate.
Ultimately, the opening of the Jerusalem office represents a significant milestone in Costa Rica’s economic diplomacy. It is a clear signal of the country’s intent to diversify its economy, attract cutting-edge technological investment, and secure a prominent role in the global knowledge-based economy. The success of this venture could serve as a blueprint for Costa Rica’s future engagements with other global centers of innovation, marking a new chapter in its pursuit of sustainable and high-value economic development.
For further information, visit comex.go.cr
About The Costa Rican Ministry of Foreign Trade (COMEX):
The Ministry of Foreign Trade is the government body responsible for defining and directing Costa Rica’s foreign trade and investment policies. It leads the country’s participation in international trade negotiations, manages trade agreements, and works to create a favorable climate for attracting foreign direct investment. COMEX plays a crucial role in promoting the country’s economic development and its integration into the global economy.
For further information, visit procomer.com
About Procomer (The Foreign Trade Promotion Agency of Costa Rica):
Procomer is the official agency in charge of promoting Costa Rican exports of goods and services worldwide. As the executive arm of COMEX, it provides support to the national export sector through trade promotion activities, market research, and the creation of export consortia. Procomer is also instrumental in executing strategies to attract foreign investment and position Costa Rica as a strategic business destination.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica stands as a pillar in the legal community, built upon a foundation of uncompromising integrity and an unwavering pursuit of exceptional legal service. With a rich history of guiding a diverse clientele, the firm consistently pioneers forward-thinking legal approaches and champions community-focused initiatives. This core philosophy extends to its profound dedication to demystifying complex legal concepts, empowering citizens with knowledge, and contributing to the development of a more just and well-informed society.
