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Buying a property in Costa Rica

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There are a thousand reasons expats love Costa Rica: from the miles of glorious coastline to the laid-back locals and everything in between. There are mountains, jungles, rivers and lakes, and of course, it’s all sandwiched between the calm Caribbean Sea to the east and the wild Pacific Ocean to the west. There are also plenty of opportunities for expats to land their dream property in Costa Rica, and thanks to the vibrant expat communities that already exist, there’s plenty of information to help you navigate the process with ease.

Here are our top reasons why you should consider investing in Costa Rica.

Stable Democratic Government:
Costa Rica is one of Latin America’s most stable governments. It is frequently referred to as the “Switzerland of Central America,” and has enjoyed peaceful democratic policies since it abolished its army in 1948. Amazing Natural Beauty: Soaring mountains, active volcanoes, sublime beaches, tropical rainforest and towering waterfalls grace Costa Rica. More than 25% of the country’s land is protected by national parks, reserves and refuges.

Laid-back, Pura Vida Culture:
Costa Ricans are known for their friendliness and hospitality toward total strangers. Gregarious and very family-oriented, Ticos (Costa Ricans) truly live a pura vida lifestyle. More than a just a national slogan, “pura vida” is a way of life: savoring life’s simple pleasures and living in harmony with one another.

Low Cost of Living:
Housing, services and medical care in Costa Rica are much cheaper than in North America. Expats interested in simple living should budget $1500 or less monthly, though much depends on your lifestyle and needs. Zero Ownership Restrictions: Foreigners enjoy the same rights as do Costa Ricans in terms of real estate ownership. All titled, fee simple properties are registered in the National Registry of Costa Rica, which help protect your ownership rights.

Quality, Affordable Health Care:
Costa Rica’s private and public hospitals offer high-quality medical care at a tiny fraction of its U.S. equivalent cost. Monthly rates begin at $20 per individual for insurance through the public health care system, while policies with private hospitals and clinics run between $50-$100/month.

An Educated Populace:
Costa Rica boasts a large middle class and a 95% literacy rate and is considered one of the most well-educated countries in Latin America. After abolishing their army in 1948, funds were poured into both education and environmental conservation.

Adventure Activities:
Costa Rica is an adventure playground, offering its residents almost every activity under the sun. Go scuba diving with sharks, canyoning down waterfalls, or hiking in one of the country’s beautiful national parks and reserves. It’s the Greenest, Happiest Country on the Planet: Costa Rica is considered the “greenest, happiest country in the world” by the New Economic Foundation (NEF) and tops the Happy Planet Index (HPI). The criteria used includes how people rank themselves in life satisfaction, as well as other factors such as life expectancy and the ecological footprint of the country.
Fabulous weather, friendly people, low cost of living and solid investment opportunities: it’s no wonder so many people are buying real estate in Costa Rica!

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