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Wednesday, November 20, 2013

Retiring? Why Buying Real Estate For Sale in Costa Rica is a Good Idea

"The massive recession in 2009 devastated the finances of many people of many countries, including those from the U.S. Between dwindling savings and an economy in recovery, many are feeling the need to reevaluate their retirement plans. Unfortunately, most are discovering that they cannot afford to retire in the USA. So what to do? Where to live? Purchasing real estate for sale in Costa Rica may be the solution. AARP, Inc., formerly the American Association of Retired Persons, explains why: Costa Rica is where you go to live the lush life. It is lush with nature—misty rain forests, extraordinary wildlife, and fabulous beaches—as well as such comforting amenities as malls, supermarkets, restaurants, museums, and social clubs. U.S. retirees have flocked here for years, drawn by its mild climate, its prosperity (relative to other Central American republics), its literacy rate, its health care, and, significantly, its stable government—with no army. Another plus: Costa Rica's commitm
http://www.dominical-real-estate.com/blogs/dominical-real-estate/archive/2013/11/19/retiring-why-buying-real-estate-for-sale-in-costa-rica-is-a-good-idea.aspx

Tuesday, November 19, 2013

Gone South: Why is that Retirees Are Buying Real Estate in Costa Rica?

"You don’t even have to confine your search within the country’s 50 states. About 50,000 retired Americans have crossed the southern border to buy real estate in Costa Rica to spend their golden years there. Expats can obtain residency status by proving that they receive at least $1000 in pension, Social Security, or retirement funds. Once they do, they can then enroll in the country’s top-notch public health-care system for a small monthly stipend. International Living Magazine says that health-care costs in Costa Rica is only about a third to a fifth of what it would cost stateside, and even private health insurance is markedly cheaper. Many retirees live comfortably there on just $1000-$2000 a month, nearly impossible in the States. On that monthly budget, a retiree need not sacrifice some luxuries like cable TV, internet, cell phones, and the occasional dinner out to enjoy his life in the new country."
http://www.dominical-real-estate.com/blogs/dominical-real-estate/archive/2013/11/18/gone-south-why-is-that-retirees-are-buying-real-estate-in-costa-rica.aspx

Sunday, November 10, 2013

Retiring in Costa Rica

Upon visiting Costa Rica, it won't be long after you arrive when at least one Tico (a title that Costa Ricans call themselves) greest you with the words, “Pura Vida!” In English, that means “Life is good.” Indeed, these words ring true for many of the country's residents—Costa Rica is frequently at the top of “Happiest Places on Earth” lists, including those by Yale University, Columbia University, and the New Economics Foundation.

Many retirees and expats from the U.S. opt to move to Costa Rica because of its natural beauty. The country holds almost every picturesque offering that nature can bring, from pristine beaches and lush rainforests to majestic volcanoes. It is one of the most biologically diverse nations in the world, and over 10 percent of the country is protected national parkland.

Aside from natural beauty, many find the decent and affordable health care, the friendly inhabitants, and the stable democracy very attractive. Many expats liked that the country has been peaceful for a very long time. Compared with most of its neighboring Central America and Caribbean countries, Costa Rica's government has been relatively incident-free since 1949.


Today, Costa Rica hosts about 50,000 U.S. Citizens—there's an expat in nearly every town, which is something that can't be said about other Latin American countries.