Reasons Why You Should Retire to Costa Rica
With affordable medical care, manageable infrastructure, and a developing economy, Costa Rica is said to be the best retirement destination in the world and shows no signs of changing. Actually, it is considered as the Switzerland of Latin America due to its serene setting, tropical beauty and laid-back standard of living. Considering retirement living in Costa Rica? Read on to discover some of its advantages.
Although so many people are retiring to Costa Rica over the years, the cost of living is relatively low. For example, if you want to live in Playa Hermosa, Costa Rica, you do not have to break the bank to afford living there. Irrespective of the place you have chosen to stay in Costa Rica, taxes on any property is as low as 25%. So, if you are looking to rent a property, you can find a two-bedroom home in Playa Hermosa at approximately $500 per month. But if you want to buy a condo in Playa Hermosa, for instance, you can get the smaller condos away from the coastline at $70,000 and high standard beachfront condo at $500,000.
The other benefit of retiring to Costa Rica is the fact that it offers excellent medical care and affordable health care costs to retirees. Just like any other country, Costa Rica offers excellent medical services at an affordable rate. Not only have most hospitals in Costa Rica invested heavily in current hospital technologies, but they can also guarantee quality medical services to every retiree living there.
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.
Although Costa Rica is one of the fastest developing countries, it has a relatively good infrastructure. Not only does it have modern highways in metropolitan areas, but it also has a wide range of conditions of routes and other types of infrastructure.
The other reason why should consider Costa Rica retirement is the fact that it is you do not have to spend so many hours traveling to Miami. In fact, you need a 2.5-hour flight to get there. 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.