Costa Rica’s Sport Fishing Boom: Legal Incentives and Investment Opportunities

by | Feb 3, 2025

Recently, basketball legend Michael Jordan visited Costa Rica for a sport fishing tournament, highlighting the country’s strong international reputation in this exciting industry.

Costa Rica has cultivated an attractive legal framework for sport fishing investors, made possible by a deep-rooted culture of environmental conservation. This commitment to sustainability has driven investment in fishing infrastructure, leading to the development of marinas—primarily along the Pacific coast—that have welcomed both investors and tourists eager to enjoy sport fishing.

Why Costa Rica?

With a vast maritime territory spanning 590,000 km², Costa Rica is home to 3.5% of the planet’s marine biodiversity and boasts over 7,000 known marine species. This rich ecosystem makes it a prime destination for sport fishing enthusiasts and investors alike.

Key Legal Developments in Marinas and Sport Fishing

Costa Rica has implemented a series of legislative measures to encourage investment in sport fishing and marina infrastructure:

  • Law on the Concession and Operation of Marinas and Tourist Berths (Law No. 7744, enacted 06/02/1998)
  • Amendments to the Above Law (Law No. 8969, enacted 07/07/2011)
  • Law to Promote Tourist Marinas and Coastal Development (Law No. 9977, enacted 23/04/2021)

New Superyacht Regulations

Costa Rica has further expanded its tourism industry with the introduction of a superyacht charter law, creating new opportunities for foreign investors. Under this regulation, a new charter license has been established, allowing foreign-flagged yachts of 24 meters or more to conduct commercial entertainment activities (chartering). This move enhances the appeal of Costa Rica as a premier superyacht destination.

Investment Opportunities

The updated legal framework not only allows investors to acquire sport fishing yachts but also secures dedicated space in Costa Rica’s expanding network of marinas. Additionally, real estate developments—including residential, tourism, and commercial projects—are being built alongside these marinas, offering investors a unique and immersive experience.

For those looking to explore business opportunities in this sector, Aliant Costa Rica is your trusted partner.

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