The Lure of Costa Rica
With each passing year, Costa Rica claims a small number of people who want new change in their lives. Retirees, adventure-seekers, tax haven beneficiaries, wannabe real estate tycoons, surf and water lovers, or those who just want to get away from it all come to this small paradise situated so close to the US.
With Costa Rica the old saying is true: good things come in small packages.
This country is close in size of West Virginia. But it’s home to a whopping 5% of the Earth’s known species of plants and animals. You’ll experience active and dormant volcanoes. Tropical rainforests, 1000+ species of orchids, and exotic animals.
Costa Rica has the most stable democracy in Central America.This makes for stable social institutions and safe investment opportunities.
You won’t feel like you’re living in some “third world country.” The Costa Rican social infrastructure consists of modern telecommunications networks providing over a hundred radio stations, a dozen TV stations, cell phone networks, and rural electricity and internet access.
Costa Rica’s medical care system includes doctors trained in the US who speak English. And Costa Rica has become popular around the world for its low cost cosmetic surgery industry.
Costa Rica has come to equal “low cost.” Investors from all parts of the world are attracted to its real estate industry. Profitable investments will be found here far into the future.
Real estate speculators routinely see 200-300% returns on investment in a year.
You can own a great beach front house for as low as $20K. In real estate, it’s location…location…location. So be sure to choose with care and consult with the many local agents. If you’re serious about buying Costa Rican property, a trip to ’see for yourself’ is advisable.
The Costa Rican real estate explosion was not caused solely by inexpensive property and homes. Visionary legislation resulted in attractive tax rules for global investors as well as foreign expats. Retirees from the US are quite satisfied because their social security income is tax free. The general low cost of living is also enjoyed by all.
Ashley is a world traveler and a long time fan of the beauties of Costa Rica. She has a travel tips site for Costa Rica at http://www.costaricaabroad.com/