Reasons Why You Should Retire to Costa Rica
Due to its excellent healthcare facilities, infrastructure, political stability and neutrality, Costa Rica is one of the preferred retirement destination across the globe and indicates no signs of slowing. Indeed, it is the Switzerland of Latin America as it has stable economy, tranquil surrounding and an easy-going lifestyle. Considering retirement living in Costa Rica? Read on to discover some of its advantages.
While there are so many retirees who have considered retirement living in Costa over the years, you will find there is a low cost of living. 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%. 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. However, if you want to purchase a condo in Playa Hermosa, for example, you can find smaller condos situated away from the coastline at about $70,000 and for luxurious beachfront condos, you can get them at $500,000 or more.
The affordability of medical care in Costa Rica is another reason that should make you choose it as your preferred retirement destination. Compared to other countries, Costa Rica’s medical care and costs are much more affordable. For example, most hospitals in Playa Hermosa have invested in the latest technologies similar to those found in the U.S., and you can rest assured that you will receive quality hospital services.
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. Costa Rica has a strong system of legal checks and balances according to the U.S Department of State.
Costa Rica is a developing country, but it has a flexible 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. 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.