Former Levante goalkeeper Keylor Navas is thrilled with his move to Real Madrid.
Navas was delighted to seal the move and said he was excited over what the future holds at Real.
He said: "I would like to thank God for making this dream come true. This is the most important day of my footballing career to date.
"Thank you Real Madrid, the people of Costa Rica and the Real Madrid fans.
"I am really excited and extremely happy to belong to the most important club in the world.
"I am really proud. It is something I have always dreamed about and I will give it my all in every training session. I hope I will be able to help win loads more titles."
Real president Florentino Perez welcomed the goalkeeper in the presidential box at the stadium with a speech in which he praised Navas saying "your fantastic progress, your talent and your ability to work hard have brought you to Real Madrid".
He added: "We have an excellent squad, but we want to continue growing.
"We work daily to incorporate new talent. We are preparing for a new season after having won the Decima (their 10th European Cup), a cup we wanted badly.
"There are challenges ahead of us like the Super Cup and the Club World Cup. As such we present to you one of the best goalkeepers in the world, a player that has proved to be an outstanding professional and who is now about to undertake the biggest challenge of his playing career.
"Keylor Navas had offers to join some of the world's biggest clubs, but he wanted to play here.
"This will be the first time in history that a Costa Rican has worn this crest. You will wear it with pride and all of Costa Rica will be by your side, as well as all the Real Madrid fans all over the world. Welcome to your home.
"He arrives to us from Levante and I would like to thank that club's president, Francisco Catalan, for the ease with which he made this signing possible.
"Levante is a club we are on friendly terms with. Keylor Navas made the highest number of saves during last season's La Liga campaign. He was one of the stars during the World Cup and was nominated for the Golden Glove.
"His performances were key to his country reaching the quarter-finals of the World Cup for the very first time.
"Your fantastic progress, your talent and your ability to work hard have brought you to Real Madrid.
"These fans will be by your side until your last breath as long as you live by one of this team's core mottos: 'never give up'."
