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Tuesday, July 16, 2013

Where Is The Best Place to Retire? Part 2

Where is the best place to retire? My last post,http://notjustforboomers.blogspot.com/2013/07/where-is-best-place-to-retire.html ,pointed out that the United States is not necessarily the best place to retire. According to one recent survey, the US fares no better than 19th. So,  where is it that people do like to retire? At least some Americans are choosing one of our neighbors to the South. And no, it is not Mexico. It is Costa Rica.

According to an article in today's Wall Street Journal Market Watch, "Retire Here, Not There", the author points out that about 50,000 US retirees now live in Costa Rica.http://www.marketwatch.com/Story/story/print?guid=400B10B2-E366-11E2-ACAD-002128040CF6 The article discusses the opinion of some researchers that Costa Rica is one of the happiest countries on earth.

Interestingly, Americans can assume residency status in Costa Rica if you can show that you have at least $1,000 per month in retirement income.One potential benefit of residency is that you can enroll in the Costa Rican public health care system for as little abs $55 per month.

Not everything is cheap there. Housing in some of the beautiful beach towns can run as much as $4000 per month. The article discusses several of those beach communities and includes several beautiful photographs. It is well worth a view.


1 comment :

  1. "The Art Worlds' Robin Hood" for whom there's already a buzz for 'the most important voice of his generation'. That is, Marc Breed.
    http://retiretocleveland.blogspot.com/

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