Costa Rica – the Top Preferred Retirement Destination Across the Globe
With affordable medical care, manageable infrastructure, and a developing economy, Costa Rica is said to be the best retirement destination in the world and shows no signs of changing. In fact, some people call it the Switzerland of Latin America due to its peaceful environment, an easy-going and natural beauty. If you are considering retiring to Costa Rica, here are some of the reasons why it should be your preferred retirement destination.
Although so many people are retiring to Costa Rica over the years, the cost of living is relatively low. You only need a little sum of money to live in Playa Hermosa, Costa Rica as it is very affordable. Property taxes in Costa Rica can be estimated to be 25% in every city. Hence, you only need to have around $500 per month for a two bedroom rental home in Playa Hermosa. But if you want to buy a condo in Playa Hermosa, for instance, you can get the smaller condos away from the coastline at $70,000 and high standard beachfront condo at $500,000.
Another reason why you should consider retiring to Costa Rica is that it has affordable medical care for everyone. Just like any other country, Costa Rica offers excellent medical services at an affordable rate. 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.
The fact that Costa Rica has been without a military for over 60 years means that it is one of the most peaceful countries throughout the world. In fact, its peaceful coexistence can be dated back in 1987 when its former President, Oscar Arias Sanches was awarded a Nobel Peace Prize for his notable efforts to bring peace to Central America. According to the U.S. Department of State, Costa Rica operates with a robust system of constitutional checks and balances.
While it is a growing economy; Costa Rica has a manageable infrastructure. Not only does the country possess modern highways in metropolitan areas, but it also has manageable roads 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. As a matter of fact, you need 2.5 hours to arrive in Miami if you travel by air. As a result, moving from Costa Rica to the U.S. is much easier. However, you should have the right paperwork to move through customs.