My Costa Rica Story
One question that I frequently get asked is….so, Scott, how did you end up in Costa Rica?
What’s your story?
I usually respond by asking them how much time they have.
Since I don’t believe I have addressed that question, recently, here’s a Tall Tales of Costa Rica Guy episode that tells my story…once again…
Caution: I don’t recommend that anyone else out there follow the same route…
I was practicing law back in the late 90’s in Charlotte, North Carolina when I got the idea that I wasn’t really cut out for the legal profession.
I left the practice when I decided to get involved with a golf-related travel company in my home town of Myrtle Beach, South Carolina.
That didn’t last too long, however, and I found myself in the non-enviable position of being jobless after having recently changed careers.
After much soul-searching I came up with the idea of starting a company that would help small business owners with exit strategies. That company was called Live Oak Capital Advisors.
Over the ensuing years I served as advisor to companies of all types from technology to manufacturing.
One day, as fate would have it, I stumbled upon a deal with a privately-owned university in San Jose, Costa Rica (a referral I received from an attorney in Greensboro, North Carolina of all places).
Two years later the deal closed and Universidad Interamericana, with campuses in Heredia, Costa Rica and Panama City, Panama, became the property of Laureate Education (formerly Sylvan) of Baltimore, Maryland, a publicly-traded education company with campuses around the world.
Since then Laureate has gone on to make several more acquisitions in Costa Rica, Panama and Honduras and as a consequence has become the major player in private education in this region. In fact, they have now adopted the name Universidad Latina for their operations in Central America.
During the course of the ups and downs in that deal many things happened to me both on personal and professional levels.
On a professional level during the time spent here I began to notice that Costa Rica had the potential of becoming a tourism juggernaut in this region of the world. In fact, it was already well on its way.
On a personal level I found myself, as a consequence of poor decisions on my part, divorced and homeless. So I moved to Costa Rica permanently to pursue life and love.
And the rest, as they say, is Costa Rica history.
I began Package Costa Rica in 2004 and since then we have brought 1,000’s tourists to this country. I continue to remain wildly optimistic that we have barely seen the tip of the iceberg in terms of tourism growth here.
Following the explosive tourism growth we have also experienced a real estate boom. That has been both good and bad. Good in the sense that it has brought much foreign capital to a country that needs it. Bad in the sense that uncontrolled growth, and some of it has indeed been “uncontrolled,” threatens the very reasons that so many people are drawn to this country to begin with.
That is, its unrivalled natural beauty and overwhelming biological diversity.
So there you have it, my Costa Rica story.
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