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Costa Rica Life

Costa Rica Life

Retire in Costa Rica for Less than in America

August 17, 2015 by Admin

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Did you know that it is possible to retire in Costa Rica for less than what it currently costs to retire in America?

Not only is a Costa Rica retirement affordable and convenient (a quick plane ride away from most major American airports), Costa Rica is home to some of the most beautiful beaches in the world, and some of the most fantastic and diverse ecosystems on the planet.

A Costa Rica retirement can be like a permanent luxury vacation at less than it would cost to live modestly in any American home year round.

Most people can retire in Costa Rica on a mere $1,500 per month and sometimes less. The Costa Rican government has set up incentives for Americans who want to retire in Costa Rica, so if you want to work virtually from your Costa Rica retirement home, you can set up a tax sheltered corporation which exempts you from Costa Rican income tax.

Internet connections in Costa Rica run about $25 per month, and real estate starts at around $35,000 (if you want to buy), so it is very possible to not only live well when you retire in Costa Rica, but also earn a bit on the side while enjoying the wildlife and natural resources.

The average life span in Costa Rica is 76.3 years, one of the longest in the world, and the climate is temperate and pleasant, averaging around 71 degrees Fahrenheit most of the time. Costa Rica cuisine stresses fresh fruits and vegetables and lean meats, and is very healthy and abundant. The people are friendly and English is widely spoken, although Spanish is also the native tongue.

No part of the world is crime free, but it is relatively safe to retire in Costa Rica when compared with other Central American countries. If you decide to buy a home for your Costa Rica retirement, you want to make sure to have it thoroughly inspected by a licensed contractor.

You also should work with an attorney and a competent realtor who understands the area where you want to buy. Some locales are safer than others.

Thinking safety through before you take the plunge is the key to staying secure when you retire in Costa Rica. Where is the nearest town? Do you have electrical backup (such as a generator, a pump for water)? Who do you call if problems do arise? Ask everything you would normally ask when you move into any new neighborhood and you should be fine.

As costs in the U.S., Canada, and Europe continue to rise and more and more people find themselves with reduced pension and 401k benefits, the choice to retire in Costa Rica is becoming a more popular one. Check it out. You just might be pleasantly surprised at how easy it really is.


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Related links:

Retirement in Costa Rica – The Pros and Cons

Americans living in Costa Rica

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