Costa Rica Fast Facts

Costa Rica Tamarindo Costa Rica

Population: 4,872,543

Capital City: San José

Climate: Tropical and subtropical; dry season (December to April); rainy season (May to November); cooler in highlands

Time Zone: GMT-6

Language: Spanish (official), English

Country Code: 506

Coastline: 1,290km

Central America’s Retirement Gem: Stable, Easy, and Affordable Costa Rica

Costa Rica is a beautiful country, with long stretches of deserted and undeveloped beaches…dense jungles teeming with exotic wildlife…towering volcanoes, lush green valleys, and hundreds of crystal-clear lakes and rivers…

Not only that, but the country offers a great climate year-round, neighborly atmosphere, no-hassle residence programs, excellent healthcare, a stable democracy, and safety and security. It doesn’t hurt that many retired couples report living well on $2,000 a month—that includes all their costs.

For these reasons, as well as the welcoming locals who are warm and friendly to new foreign neighbors, Costa Rica has been an expat haven for more than 30 years.

That’s another bonus: you don’t have to be a pioneer in Costa Rica. There are well-established expat communities throughout the country. Things are “set up” so to speak, when it comes to shipping your household goods, using the healthcare system, buying property, and more. And by following this well-trodden path, your transition to your new life is much easier.

It’s small, about the size of West Virginia. But the variety of landscapes, climates, and lifestyles in Costa Rica is amazing. You have the rainforests, wild beaches, and charming seaside villages of the southern Pacific coast, also known as the Southern Zone.

A Landscape and Lifestyle for Every Taste

There are the bustling market towns surrounded by sugar cane fields and coffee plantations of the Central Valley. Around the pristine 33-square-mile Lake Arenal, expats have taken up residence on the verdant hills rising from the shore, with vast lake views from their homes. On the Caribbean coast, life is laidback and moves to the rhythm of reggae. And that’s just a small taste of all Costa Rica has to offer as far as places to live.

With all these different climates and landscapes, it’s no wonder that this Central American jewel is also one of the most biodiverse spots on the planet. With just 0.03% of the earth’s surface within its borders, the country has an estimated 5% of the world’s species. In Costa Rica, this natural world surrounds you, putting the country on the forefront of eco-tourism and eco-living. Sloths, capuchin monkeys, toucans, and scarlet macaws will be your new neighbors.

central-valley
Central Valley, Costa Rica

And no matter which location you choose, you can benefit from bargain real estate, whether you buy or rent. Three-bedroom homes in the Central Valley start at $119,000 to buy and $500 a month to rent. And two-bedroom condo, a short walk to the beach on the central Pacific coast, in a lively  town will cost about $700 a month, and a similar property is selling for $165,000. Deals like this can be found throughout the country.

Another big bonus is the high-quality, low-cost healthcare. There are two systems: private, for which you can pay cash or use insurance, and the government-run public system which you join when you become a legal resident. Overall, expats in Costa Rica pay a fraction of what they did back home for healthcare.

All these advantages make Costa Rica a premier destination for those looking for a secure, fun, and active retirement surrounded by new friends in a beautiful setting.

Find Out More From Our Costa Rica Editor

From the Archives of Costa Rica

Escaping Brutal Winters and Relishing a Tropical Beach Life

Escaping Brutal Winters and Relishing a Tropical Beach Life

Lifestyle
By |
April 25, 2016

Weeks with the temperatures below zero. Snow, snow, and more snow. It was a particularly brutal winter two years ago that convinced Jim, 67, and Barb Kohlmetz, 62, that it was time for a change after living in Wisconsin all their lives. Now they jet down to Costa Rica after the Christmas holidays and stay in their home in a quiet beach community on the central Pacific coast until after the spring thaw. As retirees—they were in education for a combined 73 years—they have the flexible schedule perfect for part-time residents.

How Our Tax Expert Prepares for April 15th

How Our Tax Expert Prepares for April 15th

Expat-Advice
By |
March 30, 2016

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.

Shall We Sunset? The Best Way to Socialize in a Beach Town

Shall We Sunset? The Best Way to Socialize in a Beach Town

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.

Discover A World of Travel Possibilities When You Live Overseas

Discover A World of Travel Possibilities When You Live Overseas

When you move overseas, you don’t just benefit from the better weather, lower cost of living, and the affordable healthcare…you also open up a world of travel possibilities. During our working lives, we’d take those one- or two-week trips, and were lucky enough to see a few highlights. But when you live in a foreign country, you have the opportunity to use this new location to travel to other countries as well as to explore the place you’ve chosen to live. This happened to me when I moved to Nicaragua.

Get a Global Perspective on Retirement…Without Leaving the U.S.

Get a Global Perspective on Retirement…Without Leaving the U.S.

Expat-Advice
By |
January 26, 2016

"Think globally, act locally." I've always liked that saying, because it sums up so well the attitude of many of the expats I know living abroad. They are obviously thinking globally to get the big picture on issues that most affect their quality of life.