Costa Rica’s export promotion agency, Procomer, opened an investment promotion office in Silicon Valley on February 17. The move targets foreign direct investment from technology and semiconductor firms. Officials see it as a way to link Costa Rican companies with American funds and skills.
The office sits in Santa Clara County, right in the center of the tech hub. Minister of Foreign Trade Manuel Tovar led the opening. He pointed out that Silicon Valley leads in global investment projects and U.S. overseas funding. Procomer aims to speed up finding investments in areas like business services, medical devices, and semiconductors.
Costa Rica already hosts over 500 multinational companies. These firms employ more than 200,000 people in high-tech jobs. The new office builds on that base. It will promote the country’s strengths, such as a skilled workforce and stable business setup. Procomer plans to meet with tech leaders to show why Costa Rica fits their expansion needs.
One goal is to create more jobs. Recent arrivals, like semiconductor supplier Applied Materials, show the potential. That company set up a global services office in Heredia last year. It handles supply chain and procurement tasks. Such investments bring advanced roles and training for locals.
Procomer leaders say the office will help Costa Rican firms connect with U.S. partners. This could lead to joint projects in tech development. The agency has worked on similar efforts in Asia. Now, it turns to the U.S. West Coast to balance those ties. The opening comes as global supply chains shift. Costa Rica offers a nearshore option for U.S. companies. It has free trade zones and incentives for investors. These perks include tax breaks and streamlined permits.
Local business groups welcome the step. They expect it to strengthen ties between Costa Rican startups and Silicon Valley investors. Tech sectors in both places share interests in software, biotech, and manufacturing. Procomer runs 14 offices worldwide. This one adds to efforts in key markets. The agency promotes exports worth billions each year. In 2025, goods exports hit $18 billion, up from prior years.
Officials predict the office will bring in new projects soon. They focus on sectors that match Costa Rica’s growth plans. These include clean energy tech and digital services. Costa Rica ranks high in global innovation indexes. It draws firms for its education system and English-speaking talent. The government backs this with policies to train workers in tech fields.
The office starts operations right away. Procomer staff will engage with potential investors. They aim to host events and visits to showcase opportunities. This development marks Costa Rica’s push into high-tech investment. It seeks to grow its economy through stronger U.S. links.
