From its definition Costa Rica means rich coast, but today Costa Rica has emerged as just not a rich coast in resources but also a rich coast in outsourcing. Outsourcing to Costa Rica is experiencing a huge growth due to economic, political and cultural factors. This has led to increasing opportunities for a high number of unemployed youth in the country and also economic growth from the resources earned from outsourcing. This has led many international companies to consider Costa Rica as their destination of choice.
Costa Rica is one of the most technologically advanced countries in Central and South America. This is because of their educational system, which focuses more on science and technology and equip students with skill to handle the changing it world. Due to this factor, Costa Rica is emerging as one of the best software outsourcing destinations.
Costa Rica Culture
The country has a rich culture where all people are treated equally and warmly. Costa Rica people are humble, welcoming and polite. This aspect has helped promote Costa Rica as a top outsourcing destination.
Costa Rica is a third world country and one of the biggest problem affecting third world countries is unemployment. Though Costa Rica has a good education system, the job sector is not able to absorb all the people getting out of school. This has led to desperation among many youth making them have no other alternative apart from providing cheap labor for earnings. The situation is worsened by high inflation rate. All this factors portrays Costa Rica as a good pool for skilled and cheap labor in the world.
Although the Spanish colonized Costa Rica, more than a quarter of the population can speak English language. This factor makes Costa Rica a good destination for outsourcing from America. The English language acts as a link between the clients and the producers.
Infrastructure
Although Costa Rica is a third world country, it has a well-developed infrastructure. Water transport facilitates shipment of bulky outsourced good to various destinations. The other medium sized goods are transported by air. Also the telecommunication network includes mobile phone and satellite communication to provide a robust communications infrastructure. The country enjoys good Internet connectivity, which also helps in making Costa Rica attractive for outsourced work.
The government of Costa Rica has continued to support outsourcing. It is one way of coping with high unemployment rate in the country. They have reducing tax on outsourced projects, providing subsidies for manufacturing outsourcing and finally helped with advertising. Costa Rica also enjoys political stability, which favors outsourcing to Costa Rica.