10 Reasons to Buy Property Here
Costa Rica is a popular tourist destination. With more than two million tourists visiting, this country is hard to beat when looking for a second-home destination. Here are ten reasons why Costa Rica is on the shortlist of savvy property buyers:
1. It’s a stable, democratic, peaceful country. In fact, it officially abolished its army in 1949.
2. It’s close to the US. A 2 hour 40 minute flight will get you here from Miami, and it’s only five hours from New York.
3. It has a growing economy. Last year, more than two million tourists visited Costa Rica, making it a record year for tourism.
4. It’s stunningly beautiful. Costa Rica has an abundance of natural wonders. With 27% of land resting on parks and reserves, you can’t help but spot wildlife in this place.
5. Medical care is top quality and highly affordable. Costa Rican residents pay a low monthly fee to join the national health care system (CCSS), and can use CCSS hospitals and clinics.
6. Costa Rica boasts a superb quality of life. Life expectancy is high, at 77.7 years on average. Costa Rica’s easygoing, friendly, family-centered, low-stress outdoors lifestyle plays a big factor in longer life spans and feeling content with your lot.
7. The climate is warm year-round. Wildlife and adventure activities can be enjoyed all year.
8. You have a variety of residency options. For example, you can become a resident if you can prove an income of $1,000 a month.
9. It’s affordable. As well as the health care, property taxes are low, at around 0.25% of the recorded value of the property annually. Domestic help is affordable as well.
10. Costa Rica is already home to an estimated thirty to fifty thousand North American expats who live here full or part time. They have a long-established association of residents with a bi-monthly newsletter, and they help newcomers get settled in.
Despite the growing numbers of celebrities and wealthy businessmen buying homes in Costa Rica, you can still find beautiful, low-priced properties here, and afford to custom build your dream home, as well.
Diana Wilson
