A List Of Animals That Live In The Tropical Rainforests Top 10 Reasons to Invest in Costa Rica

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Top 10 Reasons to Invest in Costa Rica

Getting the most out of your hard-earned money means making smart investments and taking advantage of great opportunities. Investing in unpredictable stocks and draining 401Ks seems pointless. Consider investing in a lifestyle that surrounds you with exotic nature and sandy beaches. Costa Rica remains one of the most attractive countries for foreign investment. Below is a list of the top 10 reasons why you should consider investing in this tropical oasis.

1. Nature

Costa Rica is known for its nature and unprecedented beauty. With nearly 25% of the country’s land protected by national parks and protected areas, they’ve ensured that breath-taking beaches, rainforests and exotic wildlife will be around for decades.

2. Culture

Costa Ricans are extremely friendly, welcoming (even to foreigners), family oriented, peaceful, fun loving and live a ‘pura vida’ lifestyle. “Pura Vida” is more than just a slogan; it is the way of life, seeking harmony with nature and each other. Because of their calm demeanor, Ticos enjoy life and live in the moment.

3. Tax incentives

Capital gains taxes are 0%, while property taxes are only 25% in Costa Rica. These rates are significantly lower than in the US, Europe and Canada. Only the income generated here is subject to income tax and large amounts of income can be deducted and free from any tax. Non-existent capital gains taxes, low property taxes and minimal income tax make Costa Rica an attractive place to buy real estate. Your investment will quickly turn into profit as the demand for land increases.

4. Stable government

Costa Rica is democratic and one of the most stable governments in Latin America. In 1948, they abolished its army and since then it has enjoyed its peaceful democratic existence, often referred to as the “Switzerland of Central America”. Their stable government and peaceful nation ensure that the money you invest in your property is safe.

5. Low cost of living

Most expats can live comfortably in Costa Rica for around $1,500 or less per month. Those who want to live in luxury with regular maid and gardening services, as well as regular dining and entertainment should budget around $2,500 to $3,500 per month. This is much less than the cost of living in the US, Canada or Europe. People who can’t afford to retire in the US can now retire in paradise for much less and live the lifestyle they’ve always dreamed of.

6. There are no ownership restrictions

All foreigners enjoy the same rights as Costa Ricans when it comes to real estate ownership, and in fact, foreign ownership is encouraged. All titled, fee simple properties are registered with the National Registry of Costa Rica thus protecting your ownership rights.

7. Affordable medical care

Costa Rica has one of the best health care systems in Latin America, offering both public and private care. Because private health care is so much more affordable, many are choosing to retire in Costa Rica simply for the affordable medical care. The country has become almost as popular for its quality and low-priced medical treatments as it is for its beaches and jungles.

8. Activities and adventures

Costa Rica is very eco-diverse with different environments. With everything from beaches to jungles, there are plenty of activities and sight-seeing adventures that take advantage of the natural scenery. Surf, scuba dive, snorkel, fish and explore the beaches. Trekking, zip-lining and bird-watching in the vast jungles and rainforests. Relax with soothing massages, tranquil beaches and soothing jungle sounds.

9. Educated population

Costa Rica abolished their military so they could use that money to educate their people. Thanks to this and ongoing reforms, the country has a 93% literacy rate. Because of this high literacy rate and an educated population, the vast majority of the population is middle class.

10. Everything

None of these things alone can make Costa Rica the perfect place to invest, but when you combine the exotic nature, culture, tax incentives, stable government, free ownership, low cost of living, affordable healthcare, endless activities with an educated population you get an environment that is the first to invest and live.

This tropical paradise and island lifestyle offers vacationers and residents an escape from their typical busy lifestyles. With a real estate investment in Costa Rica, you can relax or retire in paradise. If you haven’t been to this exotic land before, I encourage you to visit and see what it’s all about.

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