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If you retire in Costa Rica and establish permanent residency, you will have access to its excellent healthcare. Not only is it available to all permanent residents, but it’s affordable—the monthly rate is based on income (typically 7 to 11 percent). The public healthcare system is composed of a clinic in every small town and regional hospital in the larger cities. The capital city, San Jose, has multiple hospitals and an international airport in case of emergency. All towns have a small clinic and some of the larger cities have their own hospitals, both public and private. Both public and private hospitals are well equipped, and the level of care is comparable to that found in the US. Most private clinics charge around $50 for a regular doctor and $80 for a specialist.
Three private medical facilities in the Central Valley have been certified by the Joint Commission of International Accreditation and Certification: Hospital CIMA, Hospital Clinica Biblica, and Hospital Catolica. You can also purchase an international insurance policy that will cover any medical needs that arise.
Private dental clinics are everywhere offering everything from cleaning, filling cavities, crowns and implants all at a fraction of US costs
Many people retire in Costa Rica looking to live a lifestyle that promotes health and longevity.
Numerous studies have investigated the factors that contribute to the wellbeing and longevity in blue zones–the five regions in the world where people live the longest. Costa Rica’s blue zone is part of the Guanacaste province where the Pacific Coast communities of Tamarindo and Playa Flamingo are located. In a report published by ABC News, demographer Dan Buettner found that Costa Ricans on the Nicoya Peninsula survive to the age of 100 four times more often than men in the United States despite the fact that their medical costs are only about 7% as much
Whether it be exercising outdoors, eating a healthier diet, benefiting from a warmer climate, or just a slower pace of life, many expats can expect to live a longer and healthier life than in other parts of the world.
Three private medical facilities in the Central Valley have been certified by the Joint Commission of International Accreditation and Certification: Hospital CIMA, Hospital Clinica Biblica, and Hospital Catolica. You can also purchase an international insurance policy that will cover any medical needs that arise.
Private dental clinics are everywhere offering everything from cleaning, filling cavities, crowns and implants all at a fraction of US costs.
Three private medical facilities in the Central Valley have been certified by the Joint Commission of International Accreditation and Certification: Hospital CIMA, Hospital Clinica Biblica, and Hospital Catolica. You can also purchase an international insurance policy that will cover any medical needs that arise.
Private dental clinics are everywhere offering everything from cleaning, filling cavities, crowns and implants all at a fraction of US costs
While Costa Rica is by no means the most affordable country in Latin America, there are things you can do to keep your cost of living down. Renting or buying a town that is not near the beaches or as popular with expats could significantly lower your housing costs. Property taxes are much lower than those in the states.
Walking or riding your bike reduces your gas bill and helps the environment. Many people are able to work from home which saves on over all transportation costs.
When shopping, avoid expensive supermarkets and go to the local feria which is held once a week at all towns or cities. If you have a yard, learn which fruit and vegetable grow best in your climate zone take advantage of a year around growing season.
If you leave a large North American city to move here, retiring in Costa Rica will be incredibly affordable by comparison. Another way to make your fixed retirement income go further is by putting some of your money in a Costa Rican bank account or credit union. The interest paid on a certificate of deposit in colones (Costa Rican currency) is often several percentage points higher than a U.S. dollar or euro account.
Costa Rica has a long history of democratic stability. There are elections held every four years with a peaceful transfer of power. The army was abolished in 1948 and there has never been a threat of a miliary coup.
Agriculture has traditionally been the primary source of revenue, with most emphasis on banananas, coffee, and more recently pineapples. However tourism has now become one of the main sources of income and there is an every expanding employment of highly skilled factory and call center workers as Costa Ricans tend to be highly educated, easily trained for high skill jobs, and a large percentage of them fluent in English
There are occasional strikes and protest as the world economic situation has deteriorated due to covid. In addition, Costa Rica has a high amount of foreign debt which has resulted in the government raising sales taxes, a move highly unpopular amongst the people.
Costa Rica has two international airports which are served by all the major airline as well as several smaller one.
The Guanacaste Airport, located near Liberia, is only an hour’s drive from Tamarindo and Flamingo. It offers nonstop flights to more than 20 cities in the United States, Canada, and Europe. The Juan Santamaria Airport in San Jose has more than 30 nonstop destinations throughout North America, Europe, the Caribbean, and Latin America. There are small airports in Tamarindo, Quepos, Limon, and San Carlos, among others.
Commonly known as “Ticos”, Costa Ricans have a friendly, easygoing mentality. They are eager to provide a lending hand and help a neighbor in need. They are very family oriented, love their soccer, food, and are appreciative the natural beauty their country offers. A common expression is “Pura Vida”, which can mean a variety of things including “hello”, “goodbye”, or “all is well”. Americans are treated as welcome guests and have a favorable impression amongst most of the population since through tourism and investments, the generate substantial income for the country and it’s residents.
Residency
Americans with a current passport and a tourist visa can stay for 90 days, after which the visa must be renewed. Most long term residents make a “border run to Panama or Nicaragua, get their passport stamped, and return following a mandatory 72 hour wait outside the country.
Getting a permanent residency is more of a challenge but makes living in Costa Rica much easier. Residents are allowed to get a driver’s license, and open a bank account. Making a large purchase and handling other legal matter such as forming a corporation (Sociedad Anonima) much easier. Sociedad Anonima, also know as SA, are common entities to buy cars and real estate in.
“Inversionista” (investor)—requires a business or real estate investment
“Pensionado” (retiree)–requires a pension or other retirement income
“Rentista” (legal resident)–requires savings or guaranteed non-salary income
“Vinculo” (marriage or family)—marry or be related to a Costa Rican citizen
Pensionados must be able to prove a minimum of $1,000 per month in income.
Best priced homes in costa rica
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