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Costa Rica: investing in paradise

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Moving to another country is a decision for the brave. However, when the option is Costa Rica, taking that first step is more attractive. Moving to Costa Rica not only implies starting a new life in a Central American paradise, but also brings many benefits, for example, when you decide to invest in this wonderful country. It is about investing in business and properties indeed, but also investing in a future, in a dream and in hopes. The main requirement for these people is to make an investment equal or above $150.000 (one hundred and fifty thousand dollars), in addition to this, documents such as birth certificates, criminal records, etc. must be provided. But that is not all. Among the multiple benefits provided by this law are the following: Import tax exemptions: Real Estate transfer Exemption Properties acquired during the term of the law, may have a reduction of up to 20% of the total transfer taxes. Family members to be included The person who is a spouse, minor child, adult with disability or unmarried child under 25 years of age with economic dependency of the persons who have opted for this category of investor, may also opt for a residence as a dependent in the country. This is an overview of the benefits you can enjoy. However, each person, property and context must be analyzed beforehand to review its viability. If you wish to know more about the wonders that Costa Rica has to offer, please feel free to reach us for a scheduled consultation and evacuate all your doubts. By: Bayron J. Segura CéspedesParalegal at MBC Legal Costa Rica.

Costa Rica is one of the eight cheapest countries for the retirement of American retirees, according to travel magazine

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Costa Rica is one of the eight cheapest destinations in the world for American retirees to settle, according to Travel + Leisure magazine Location, access to health care, language, visa qualifications, and income requirements are all part of the considerations these individuals make when moving outside of the United States. Climate, environment, and costs vary across the country, but the overall cost of living is about 38% lower than in the United States, and housing is 72% lower on average. magazine. The magazine’s data is compared on the Numbeo website , the world’s largest cost-of-living database. The “excellent public and private health care” is one of the main attractions for foreign retirees, according to Travel + Leisure. If you want to know the list of the eight cheapest countries to retire in the world, you can do it through the following link . Source: La República