Benefits to Costa Rica Retirement
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. In fact, some people call it the Switzerland of Latin America due to its peaceful environment, an easy-going and natural beauty. If Costa Rica is on top of your retirement destination, below are some of the benefits of retiring there.
One of the reasons why you should consider Costa Rica as your retirement destination is because it has a low cost of living despite the fact that there are so many people living there. 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. The country has excellent medical facilities that are comparable to what other countries provide. 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. In fact, its peaceful coexistence can be dated back in 1987 when its former President, Oscar Arias Sanches was awarded a Nobel Peace Prize for his notable efforts to bring peace to Central America. The U.S. Department of State has recognized Coats Rica for having a robust network of constitutional bills and stabilities.
While it is a growing economy; Costa Rica has a manageable 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.
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. As a matter of fact, you need 2.5 hours to arrive in Miami if you travel by air. As a result, moving from Costa Rica to the U.S. is much easier. But to move through the customs, you need to have the proper certification.