Rated the “Greenest, Happiest Country in the World,” Costa Rica is fast becoming the retirement destination of choice for thousands of North Americans. There are myriad reasons why hordes of baby boomers – and an increasing number of 30-somethings – are packing their bags, ready to embark on a new life in Central America, but we’ll highlight the top factors that make this unique nation so appealing for life abroad.
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Affordability and Low Cost of Living
From healthcare costs to day-to-day living expenses, your dollar goes further. Rent a fully-furnished two bedroom house for as little as $400 a month; purchase a comprehensive private health insurance plan for just $1000 a year, and enjoy a splash out dinner and movie in the city for under $60 – it’s all possible in Costa Rica. Most services and general labor are much cheaper as well. For example, a housekeeper charges around $2-$3 an hour, and a trip to the beauty salon for a hair cut might set you back a whopping $10.
Peaceful Politics & Stability
Costa Rica is a beacon of democratic stability and peace in a region known for political unrest. The country abolished its standing army more than 60 years ago, and invested heavily in its people and environment. Government funds were dedicated to public education and protecting more than a quarter of the country’s landmass as national parks and wildlife reserves. The nation’s large middle class and well-educated populace (96 percent literacy rate) equate to lower rates of crime.
Diverse Landscapes and Climates
The Central Valley is often called the land of eternal spring, where temperatures seldom stray from the 70’s and 80’s. Some of the valley’s most popular locales for expatriates include Escazu, Grecia, Atenas and Heredia. And for those who prefer the sun, sand and surf, there are two stunning coasts to choose from, though the Gold Coast beaches of Guanacaste are a favorite. The lively communities of Tamarindo and Playa Flamingo have a large expat presence, and further south, Jaco offers residents all the perks of oceanfront living, and is less than 45 minutes from the capital of San Jose.
Location, Location, Location!
One of the best aspects to Costa Rica living is the close proximity to the States, and with two international airports – located in Liberia and San Jose – residents have ample choices for direct jaunts to many major U.S. hubs. Delta recently announced that the airline will be featuring non-stop flights to LAX, and more than 20 other carriers offer international service to cities across the globe. From San Jose, travel time to Miami is less than three hours, and a flight to New York is just over five hours. This convenient location makes it that much easier (and economical) to visit family and friends when the urge strikes.
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