Invest with Purpose

We are
CINDE

Count on the #1 investment promotion

agency in the world to be your
guide on this journey

The Investment Promotion
Agency of Costa Rica
Home of the FDI of the future

For 40 years, the Costa Rican lnvestment Promotion Agency, CINDE, a private, non-political, and non-profit organization, has advised and guided over 400 high-tech companies to establish in the country. Becoming the right partner to reach sustainable productivity and drive investment with a purpose.

Since its creation in 1982, CINDE has promoted FDI in strategic sectors such as Smart Manufacturing, Knowledge-Intensive Services, and Health & Wellbeing, to generate employment and greater opportunities for its most valuable asset: its people; with the goal of contributing to the social and economic development of Costa Rica.

CINDE has ranked as the world's top institution in attracting Foreign Direct Investment (FDI), by the International Trade Center for 5 consecutive years

Creating jobs by attracting foreign direct investment

• Leading the world of FDI
• Private, non profit, non political

Top investment promotion agency
All our services are free of charge
creating future-forward jobs in costa rica

A bold Vision

Vision:

To contribute to the country’s economic and sustainable development, its economic impact and its social progress by attracting foreign direct investment and nurturing the right investment climate to do so.

Woman Scientist

With a strong Mission

Mission:

To position Costa Rica as a sustainable country, highly connected with the global economy, reliable to investors; fostered by its growth in modern, high-tech, and knowledge intensive industries which drive employment on a national scale and promote productive linkages.

OUR SERVICES

A successful journey begins with the right guide

We are devoted to your satisfaction. In a nutshell, we help companies settle in our country providing specialized advisory and guidance in 4 focus areas. All of our services are free of charge.

The investment Lifecycle
Investment Advisory

Investment Advisory

From the beginning of the site selection phase, through the installation and during the operational phase in Costa Rica, the companies will have specialized investment advisory. Including detailed presentations on investment opportunities and business climate, reliable and detailed up-to-date information, and coordination of on-site or virtual meetings with other foreign companies, potential suppliers, governmental institutions, academia, among others.

Investment Entry

Investment Entry

Full-service support during the set-up process including an installation process roadmap and timetable: investor “hand-holding” through the entire permit process and assistance expediting permits, including immigration, FTZ Regime,etc.

In addition, CINDE offers its full list of service providers comprising over 80 companies to support the entry to the country, as well as assistance in the real estate selection process. Other support services include the communications strategy for the company’s official announcement.

Investment Retention / Expansion

Investment Retention / Expansion

Advisory on reinvestment opportunities to expand, diversify, and sophisticate the company's’s local operations, including A-to-Z follow-up, tactical problem-solving with licenses, permits and regulatory procedures, and linkages with service providers.

CINDE also facilitates the collaboration between established companies, regulatory bodies, and/or academia to move forward a work agenda of common interests.

In addition, CINDE provides communication strategy support for expansion, reinvestments, or other impactful programs that the company does in the country.

CORPORATE GOVERNANCE

Led by experience. Driven by talent.

Eric Scharf

Chairman of the Board

Eric Scharf

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Our Chairman

Eric Scharf

Eric Scharf has extensive experience in the public and private sectors. Prior to becoming the President, he held the position of prosecutor on the Board of Directors of CINDE.

He is a founding partner of the Sfera Legal law firm and the Costa Rica-Israel Liaison Forum, the Costa Rica-Israel Chamber of Commerce and the Costa Rican Interfaith Forum.

He was a member of the Board of Directors of the Export Promotion Agency of Costa Rica from 2010 to 2014.

In addition, he is a member of the Entrepreneurs Organization, where he has held positions as President of the Costa Rican chapter, Area Director for Central America and the Caribbean and Regional Director for Latin America.

Mr. Scharf is a lawyer who graduated from the University of Costa Rica and holds a master’s degree from Columbia University School of Law of New York.

Marianela Urgellés

Our Managing Director

Marianela
Urgellés

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Our Managing Director

Marianela Urgellés

Marianela Urgellés is the Managing Director of the Costa Rican Investment Promotion Agency (CINDE). She joined the organization in April 2023, after a 25-year career in the multinational sector, where she stood out for her leadership in corporate services, finance, manufacturing, engineering, and strategic programs in global teams in the high-tech sector. One of the many accolades of her professional career includes transformational processes at Intel, where she led the shared services expansion program and the finance digital modernization program. Additionally, she led the transition from manufacturing processes to research and development services in this same company. Ms. Urgellés is an Industrial Engineer from the University of Costa Rica and has an MBA in Technology Management from the University of Phoenix. Additionally, she has studies in Artificial Intelligence.

Our board of Directors

Fernando Cruz
Vice President
Fernando Cruz
Rosalía Morales
Secretary
Rosalía Morales
Katy De La Garza
Treasurer
Katy De La Garza
Dyalá Jimenez Figueres
Controller
Dyalá Jimenez

Amadeo Quirós
Director
Amadeo Quirós
Shannon Music
Director
Shannon Music
Luis Gamboa
Honorary President
Luis Gamboa
José Rossi
Honorary President
José Rossi

Our values
define us

CINDE values excellence
Excellence
Excellence

We are devoted to our work for Costa Rica, driven by the highest quality standards and the pursuit of continuous improvement and success.

CINDE values passion
Passion
Passion

We work with enthusiasm and pride, maintaining a positive and persistent attitude and seeking to inspire and involve others.

CINDE values collaboration
COLLABORATION
COLLABORATION

Our purpose unites us as a team, which we build through constant communication, fostering different perspectives, and building relationships that enhance our impact.

CINDE values innovation
Innovation
Innovation

We work in a bold, agile and creative way, constantly striving to learn and transform ourselves to create opportunities.

CINDE values impact
IMPACT
IMPACT

We carry out profoundly transformative work, which contributes to the development and wellbeing of our country and our clients, partners and collaborators.

CINDE values integrity
INTEGRITY
INTEGRITY

We build our relationships with mutual respect, ethics and trust, maintaining the highest level of professionalism and leading by example.

We are part of
Costa Rica’s Foreign Trade triad

Together we work as a pillar to drive the country’s economic and social development

Committed to sustainability in Costa Rica

Committed to
sustainability to drive business success

CINDE is a Certified Carbon Neutral investment promotion agency. Since 2015, CINDE has sought to contribute to the global SDGs and the National Decarbonization plan. It has attempted to reduce its emissions, which primarily result from international promotional tours.

According to its greenhouse gas emissions inventory report, CINDE produced 85 tons of carbon dioxide equivalent (CO2e), which were reduced through the Inversiones Eólicas Orosí Dos S.A. project.

Within the framework of the PreCOP 25, carried out in San José, Costa Rica, in 2019, CINDE was recognized for its participation in the Carbon Neutrality 2.0 Program, since it fulfilled its commitment to reduce its carbon emissions in 2018 and 2019.


Learn more here