The Lure of Costa Rica
Each year thousands of people seeking a change decide on Costa Rica for their destination. Real estate investors, thrill seekers, nature lovers, retirees, people wanting a tax break It’s an escape to a new paradise that isn’t so far from home in the north.
With Costa Rica the clich’e is true: good things come in small packages.
Costa Rica is similar in size to West Virginia. About 5% of the Earth’s known species live in Costa Rica. You’ll experience half a dozen active and scores of dormant volcanoes. With over 1000 species of exotic orchids, jungle rainforests, and exotic animals.
Costa Rica rightly boasts as having Central America’s most stable democracy. And that lends itself very well to social stability and investment opportunities in real estate.
You won’t be disappointed with the conveniences we take for granted in the US. Costa Ricans enjoy the same kinds of media access as their North American neighbors. There are 100+ radio stations, easy cell phone access, internet access in villages, and plenty of TV stations.
Costa Rica has US-educated doctors who speak English. And has become a sort of mecca for low-cost cosmetic surgery patients from around the globe.
This country has become synonymous with ‘low cost.’ Financial opportunists from around the world have been drawn to Costa Rica’s very attractive real estate industry. And there’s no end in sight for investors here.
Real estate speculators routinely enjoy 200-300% returns on investment in a year.
You can purchase a truly nice home near the beach for less than $30,000. But everyone realizes location is key to real estate success. So take your time and make a wise choice about location. There are many Costa Rican agents who’ll help you. A vacation to shop for real estate in Costa Rica is highly recommended.
The present real estate investment growth owes itself to more than low cost property. The Costa Rican government has been proactive with providing attractive tax laws for investors and foreign expatriates. As an example, US retirees are not taxed on their social security income. The low cost of living is of course attractive to 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/
