Costa Rica rated as the safest nation in Latin America

Costa Rica was rated as the safest nation in Latin America for businessmen and multinational companies, according to the latest Latin Security index conducted by FTI Ibero-America Consulting for the weekly publication, Latin Business Chronicle, based out of Miami, FL.

The index measures the risk level of every country on a scale of 1 to 5; one, for a completely safe country and, five, for the least. Only three counties in Latin America were rated with a score of 2: Costa Rica, Chile, and Uruguay.

Joachim Bamrud, the director of Latin Business Chronicle, comments that although it has the same rating as Chile and Uruguay, the index determined that Costa Rica is the safest. The year before Chile was the safest. What this means is that Costa Rica has improved.

The rating was based on homicide, crime, theft, and assault rates. The information is gathered by the police, public and private entities, specific institutes and NGOs. This helps the country attract more foreign investment, said Bamrud.