Reasons Why You Should Retire to Costa Rica
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. Actually, it is considered as the Switzerland of Latin America due to its serene setting, tropical beauty and laid-back standard of living. 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. 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. 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.
Another reason why you should consider retiring to Costa Rica is that it has affordable medical care for everyone. 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.
Over the past 60 years, Costa Rica has been operating without a military, and this proves that it is among the most peaceful countries across the globe. Proof of its track record lies in the very fact that the former President of the Republic, Oscar Arias Sanches won the Nobel Peace Prize in 1987 for his pivotal role in bringing peace to Central America. The U.S. Department of State has recognized Coats Rica for having a robust network of constitutional bills and stabilities.
Costa Rica is a developing country, but it has a flexible infrastructure. Not only does the country possess modern highways in metropolitan areas, but it also has manageable roads 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. As a matter of fact, you need 2.5 hours to arrive in Miami if you travel by air. And that’s why it is much easier to move from Costa Rica to the U.S. But, you need to have the proper documentation to get through the systems.