Costa Rica

Costa Rica, whose name quite literally means "Rich Coast" in Spanish, is known for its long-standing and stable democracy, and for its highly educated workforce, most of whom speak English. Its economy, once heavily dependent on agriculture, has diversified to include sectors such as finance, corporate services for foreign companies, pharmaceuticals, and ecotourism. Many foreign manufacturing and services companies operate in Costa Rica's Free Trade Zones (FTZ) where they benefit from investment and tax incentives. Costa Rica has a population of around 4.9 million, in a land area of 51,060 square kilometers (19,714 square miles). An estimated 333,980 people live in the capital and largest city, San José. The country ranks 69th in the world on the Human Development Index (HDI), among the highest of any Latin American nation, and boasts progressive environmental policies. It is the only country to meet all five UNDP criteria established to measure environmental sustainability. Costa Rica plans to become a carbon-neutral country by 2021, and by 2016, 98.1% of its electricity was generated from green sources particularly hydro, solar, geothermal and biomass.