By far the most popular place crowded with expats is the Central Valley. And with all the advantages I’m about to share, it’s not hard to understand why. No wonder AARP once named the Central Valley one of the top 10 places to retire in the whole world.
There are many testimonials of Expats, like Rick and Peggy from USA, that found great friends, warm weather, a relaxed lifestyle, their dream home with a view for the right price, and a low cost of living in Costa Rica. And the transition—with so many welcoming locals and expats—was easy…
Another expat testimonial that is famous is this: Sharon H.,Heredia, Central Valley
“After living in Las Vegas for almost 40 years it wasn’t easy to leave. But we knew if we waited much longer we would never do it. We wanted our dollars to stretch, and we wanted affordable medical care. And Heredia suits our needs perfectly.
“The weather is very mild year-round. No need for heat or air conditioning in our home. There are two beautiful shopping centers: Price Smart (like Costco) and Walmart. We pay approximately $100 per month for electricity, water, cable, internet, a neighborhood guard, and maid service.”
The Costa Rica people have enjoyed a stable Government for over a century.
there is no army. The clear presence of many multi-national interests helps to unsure that the sovereignty of Costa Rica will be protected, so there is no perceived need for one.
Multi-national corporations have enjoyed the benefits of this environment for many years and now the international investment community eyes Costa Rica as a wise place to diversify.
Recently, a new tropical Silicon Valley is emerging in Costa Rica
Intel Corp. and other overseas high-technology firms have already established a presence here. The economy is moving away from traditional exports toward high-technology and making Costa Rica the largest exporter of such equipement per capita in Latin America.
North American and European interests are developing hotels, commercial, and residential properties throughout the country.
The obvious tax benefits of Costa Rica provide a welcome relief for the chance to conduct business in an atmosphere that rewards rather than stifles the entrepreneurial spirit. This provides for both “new start” and retirement for foreign citizens.
THE GOVERNMENT IMPOSES NO TAX TO PERMANENT RESIDENTS ON
ANY INCOME GENERATED OUTSIDE ITS BORDERS AND MINIMAL TAX
ON INCOME FROM WITHIN THE COUNTRY.