Costa Rica is one of the most picturesque places in all the world, is now gaining a status as not just the best vacation spot, but also the perfect place to retire as an increasing number of people are discovering what's long been known as the "Jewel of Central America."
Besides its close proximity to the United States, it's home to a hot local weather and provides plenty of natural beauty, not to mention the capability to enjoy a high standard of living at a relatively low cost.
Costa Ricas low cost of living is a fraction of the price it is in other countries. For instance, home goods and utilities are as much as 70% lower and even though the cost of housing has risen regularly in recent years in Costa Rica, in comparison, real estate is still far more cheap than it is in the States.
A small, basic home might average $60,000 to $70,000 while on the other end of the spectrum, there are also multimillion dollar properties and splendid mansions to be had.
One more attractive benefit in terms of finances for those retiring in Costa Rica from the United States are no income taxes on social security benefits and no taxes on capital gains.
Thanks to the constitution and laws of Costa Rica, foreign nationals enjoy exactly the same rights as the nation's citizens. This, coupled with the stable, democratic rule in place since the late Forties, offers retirees the opportunity to have peace of mind while living in a tropical like environment.
Even those folks seeking a less humid, cooler climate have the choice of dwelling in San Jose and within the Central Valley area where year round temperatures are in the 80s during the days and a balmy 70s or 60s within the evenings. Heating and air-con are usually both unnecessary and plenty of homes are not even equipped with furnaces.
The population of approximately 4 million residents enjoy a slower paced life-style, together with magnificent health insurance, a quite attractive benefit for those about to retire soon. Ranked by the United Nations as having the best health care services in Latin America and amongst the top 20 all over the world, Costa Rica provides medical insurance through its government that covers 80% of medical expenses.
This relatively small land, roughly 32,000 square miles, also boasts one of the highest literacy rates of any nation, an impressive 95%, along with one of the longest life expectancy rates, an average of 77 years. Ticos, or the native people of Costa Rica are additionally recognized for their pleasant, helping nature and the nation continues to enjoy a low violent crime rate.
Besides all the gorgeous scenery, there's lots to do in with its assortment of national parks and beaches together with quite a lot of cultural events to experience.
In case you have ever dreamed of living in a picturesque, tranquil place away from from the hustle and bustle of everyday life, retiring to Costa Rica and discovering its many hidden treasures may be worth seriously considering. Another advantage is that there are always a lot of cheap flights to Costa Rica accessible from main airports around the world.
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