Costa Rican Real Estate As An Investment

In these strange economic times, many Americans are choosing to retire overseas in countries where their dollar will go further. According to the US Department of State, Bureau of Consular Affairs, approximately 7.6 million US citizens live abroad – many of these are retirees. Central America is a popular retirement destination, but Costa Rica might easily be the most […]

In these strange economic times, many Americans are choosing to retire overseas in countries where their dollar will go further. According to the US Department of State, Bureau of Consular Affairs, approximately 7.6 million US citizens live abroad – many of these are retirees.

Central America is a popular retirement destination, but Costa Rica might easily be the most sought-after country because of its political stability, safety, affordability, and great weather.  Costa Rican law allows tourists to purchase real estate and many North Americans, Europeans, and Canadians are buying Costa Rican real estate as an investment or with the idea of someday retiring in Costa Rica.  The quality of life that Costa Rica offers for much less than one would spend in the United States is very appealing.  The popular town of San Ramon in the Costa Rican Central Valley is popular among expats because of its year-round spring like weather and closeness to capital city San Jose’s modern conveniences. Many expats say they live as they always wanted to and still spend 30 percent less than their US budget.

It is easy to see why Costa Rica is so desirable. There is enough of the exotic:  lush jungles, pristine beaches, wildlife, and enough of the familiar:  malls, pancake and pizza places, and movie theaters to lure almost anyone.   Add Costa Rican hospitality, their tendency to put family first, and their simplicity of life to the mix and its attractiveness grows.  Costa Rica provides a slower pace of life which is desirable to many looking to enjoy their life more abundantly.  Buying fresh produce from the weekly farmer’s markets is just one of the many attractive opportunities available in Costa Rica.

One of the biggest advantages for immigrant retirees with legal residency is the access to high-quality, government healthcare.  Caja (Costarricense de Seguro Social) is ranked number one in Latin America and in the top 20 worldwide.  Health care here is so affordable and of high-enough quality that ‘medical vacations’ to Costa Rica are becoming popular due to the fact that  private doctor’s office visits and procedures are very affordable.  Many find that the change in lifestyle also allows them to regain their health and reduce their medications.

Come and visit to see that your standard of living and quality of life can be the same as, if not better than in the United States, Europe or Canada.  For more information about living with the uniquely Costa Rican “pura vida” attitude of living simply, relaxed and fulfilled, how to relocate or to learn more about Costa Rican Real Estate, contact Tim at Why Not Costa Rica or call him at 509-570-1928 (U.S.), or 506-8755-6743 (Costa Rica).

 

 

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