Benefits to Costa Rica Retirement
Costa Rica has reasonable health care rates, good infrastructure, and low property taxes and for these reasons alone, it has become the most chosen retirement destination by most people. Indeed, it is the Switzerland of Latin America as it has stable economy, tranquil surrounding and an easy-going lifestyle. If Costa Rica is on top of your retirement destination, below are some of the benefits of retiring there.
Although so many people are retiring to Costa Rica over the years, the cost of living is relatively low. You only need a little sum of money to live in Playa Hermosa, Costa Rica as it is very affordable. Property taxes in Costa Rica can be estimated to be 25% in every city. Therefore, if you want to rent a property there, a two bedroom home in Playa Hermosa, for instance, can amount to $500 on a monthly basis. On the other hand, buying a smaller condo in Playa Hermosa, for instance, can amount to $70,000 but for the luxurious beachfront condos, you must have approximately $500,000 to acquire one.
The other benefit of retiring to Costa Rica is the fact that it offers excellent medical care and affordable health care costs to retirees. Compared to other countries, Costa Rica’s medical care and costs are much more affordable. For instance, most healthcare centers in Playa Hermosa have the right medical equipment and tools that are needed to any medical procedure; so you are certain that the medical services you are likely to get are topnotch.
One of the reasons why Costa Rica is considered to be among the most peaceful countries in the world is because it has operated without a military for over 60 years. Evidence of it being a peaceful nation lies in the very fact that its former President, Oscar Arias Sanches received a Nobel Peace Prize for his advocacy for peace in Central America in 1987. According to the U.S. Department of State, Costa Rica operates with a robust system of constitutional checks and balances.
While it is a growing economy; Costa Rica has a manageable infrastructure. Not only does the country possess modern highways in metropolitan areas, but it also has manageable roads and other types of infrastructure.
Another reason why you should consider retirement living in Costa Rica is the very fact that it is strategically located such that you need only a few hours to get to Miami. Actually, it is 2.5 hours away from Miami if you travel by air. For this reason, it becomes easier to travel from Costa Rica to the U.S. However, you should have the right paperwork to move through customs.
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