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Retirement in Costa Rica

10 top Reasons to Retire in Costa Rica

senior couple sunset eachCosta Rica is an increasingly popular place to retire, and for good reason. This tropical paradise has a lot to offer retirees. If you are thinking of spending your golden years in this beautiful country, here are 10 things you should know:

Home prices are reasonable

The cost of a luxury home in Costa Rica is considerably lower than a comparable home in many other places in the world. Even a luxury home with access to the beach will cost only a fraction of what a similar home on the coast of France, Spain, or the United States.

Cost of living is low

While the cost of some things — such as furniture, electronics and imported foods — may be somewhat high, the cost of electricity, local groceries, entertainment, dining out and housing are significantly lower than they are in the United States.

Standard of living is high

Costa Rica enjoys one of the highest standards of living in Central and South America. Because costs for so many things are significantly lower than they are in the United States, retirees can have a higher quality lifestyle on a smaller amount of money. In addition, there is a large population of expats in Costa Rica, and there are

Costa Ricans respect seniors

In the Costa Rican culture, elders are honored and respected, and seniors can generally expect to be treated very well, and receive discounts and other perks form businesses.

You may be eligible for a special residency status

While Costa Rica is generous and welcoming toward foreigners, you will not be able to stay in the country indefinitely without applying for a special residency status. You can either apply for a “pensionado” or a “rentista” visa. These visas both come with income verification regulations, and both require that you live in the country for at least four months a year.

There is a lot to see and do

Whether you’re seeking a retirement full of excitement and new adventures, or a peaceful post-work existence where you can relax and be at ease, there are hundreds of options available to you in Costa Rica. From shopping, to scuba diving, to bird watching in the rainforest and lounging on the beach, there is something for everyone to do and see here.

The weather is great year-round

With an average of 12 hours of sunshine a day and warm, balmy temperatures year round, Costa Rica is the land of endless summer, and opportunities for outdoor living, boating, fishing, golfing and exploring abound, all year long.

The people are warm and friendly

The people of Costa Rica are polite, deferential, and sometimes a bit formal, but they are also warm, welcoming and very friendly, and they truly know how to have a good time. You will likely make new friends everywhere you go.

You will have access to many creature comforts

You can expect to have the same access to cell phone and internet services as you do in the United States. There are also many residences available with American layouts and American-style appliances.

You can enjoy rural, urban, or beach living

There are many choices when it comes to where you want to live in Costa Rica. You can enjoy life near the beach, in the tropics, near the city, or in a tranquil rural setting.

 

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