In February, Dreamville gave a live preview of the song at a free concert in Charlotte after the 2019 NBA All-Star Game.[4] Under the EP ROTD3.COM. The single was released with "LamboTruck" on July 1. It is the most collaborated song on the album, with 9 artists featured on the song.[5]
The song was produced by Pyrex and Cubeatz. Guapdad 4000 said he was inspired to write the hook when he found fans and media impressions from Costa Rica on his social media.[citation needed] Bas said that the song was recorded with whoever was left in the studio during the sessions in Atlanta, saying the A room [at Tree Sound Studios] yielded a lot of "high-energy" songs "because it was the hub. Every day when you would pull up, it was the one big room that hosted a bunch of people, and then there are some more ducked off rooms if you wanted to get a more intimate session."[6]
It's funny because we don't even have footage from "Costa Rica," because it had to be like 5:30 in the morning. We’re all in the A room, and Pyrex started playing the beat. Pyrex, he's one of the producers on the record, as well as CuBeatz. Then we had the wildest session. Everything came together on the spot. Buddy and Guapdad [4000] got on top of the speakers at one point when the song was over. I think we ran it back at least 20, 25 times, with everyone in there performing it. Everyone in there was jumping around.[7]
Writers of the HotNewHipHop staff ranked the song among their "30 best posse cuts of all time" saying, "while healthy competition can drive a posse cut to heightened levels of excellence, so too can the simple purity of camaraderie. Especially when substances are involved. The Revenge Of The Dreamers 3 sessions were legendary in that regard, bringing emcees of all walks of life into the studio for a two-weeks-long creative haven, culminating in no shortage of new music and friendships forged along the way. In many says, the bombastic “Costa Rica” feels like the heart of the Dreamers sessions, a gathering of like-minded emcees feeding off one another's energy during an extensive night of recording."[8]