“It reminds me of the small town I grew up in. The people are friendly and pleasant,” says Mel Rosiechuk, 70, of his new home in Costa Rica. Like many northerners, Mel, who came to Costa Rica in 2008 from his native Edmonton, Canada, was motivated to move here because of the weather…and soon discovered other benefits as well.
A growing number of expats are relocating to the Corozal District of Belize, on the Bay of Corozal. It’s high on their list due to the affordable cost of living and the welcoming expat community. Only one other Belizean coastal town is as affordable as Corozal. That’s Punta Gorda, at the extreme southern end of Belize. But Corozal offers significantly more amenities and convenience, as well as easy access to Mexico.
For many, the American Dream of owning your own home is fast becoming more of a fantasy than a dream. But more and more North Americans are finding their dreams coming true in the quiet town of Ballenita on the southwest coast of Ecuador.
It’s been three-and-a-half years since my wife, Rita, and I moved to Cuenca, Ecuador…and in those years we’ve experienced things that would have taken a lifetime to accomplish living back in the U.S. In early 2012, we decided to retire early. Our life in New Mexico was similar to most: hectic, stressful, and costly, with little time for the things we wished we could do. After many discussions about what we wanted to do and where we wanted to do them, we signed up to International Living and began researching.
My wife, Suzan, and I were in the U.S. for a conference when Ecuador was hit by its biggest earthquake in decades. We learned of it immediately from our friends and neighbors in our hometown of Cotacachi in the Andes Mountains in northern Ecuador, where the quake was felt but caused no extensive damage. The story was different on Ecuador's northern Pacific coast. Entire towns have been flattened. Hundreds... perhaps thousands... of people have died, and thousands more have been injured or left homeless.
Year after year Costa Rica, the land of Pura Vida (pure life), still proves to be an attractive destination where expats typically are able to find a high quality of living for less than they would in Canada or the U.S., for example. Costa Rica has been a popular destination for North American expats for decades.
When I talk to International Living readers, I usually focus on sharing how you can minimize your U.S. taxes and stay out of trouble with the IRS. But today, I’m going to do something a little different. I'm going to share with you what I do. I live part of the year in Jaco, Costa Rica. When I bought my condo, I kept the owning and renting of this foreign real estate simple: I bought it in my own name. That’s pretty unusual; Jaco is one of the few remaining areas that allow Americans to own beachfront property in their own name. This keeps my U.S. tax reporting of the rental income reportable—just like a U.S. property—and I do not have to make a foreign corporation disclosure.
It’s the country that brought us Leonardo Da Vinci, mouthwatering cuisine from pizza to pasta, enchanting art and culture, world-class fashion capitals, wine, and the very best of it, and perhaps most importantly the concept of la dolce vita (literally translated as “the sweet life”). It’s where you’ll find history-steeped Rome with its well-kept ancient monuments and food culture…Venice with its air of mystery and its famous masquerade balls…and Florence with its art and culture and vineyard-covered surroundings.
Before moving to Tamarindo, on Costa Rica’s northern Pacific coast, my husband and I lived in Chicago. We were accustomed to brunch as the key to socializing with friends. If you set a weekly date with someone or made plans to catch up with an old friend, oftentimes you would do it over a weekend brunch. We had to re-learn some of the “rules” to socializing when we moved to our little beach town. When we began to meet people, it struck us as odd that the common invite for social gatherings was to go and watch the sunset together…but we quickly learned why.
As an airline employee, Brian Yates traveled to many places during his career. It wasn’t until he hit retirement age, however, that he considered living abroad. After visiting South America three years ago, he realized Ecuador had everything he was looking for—low cost of living, amazing coastal lifestyle, affordable healthcare, political stability,..