Costa Rica is without doubt one of the most picturesque locations in all of the world, is now gaining a status as not just the perfect vacation spot, but additionally the finest place to retire as an increasing number of people are discovering what's long been generally known as the "Jewel of Central America."

In addition to its close proximity to the United States, it is home to a hot local climate and provides a lot of natural splendor, not to mention the capability to enjoy a high standard of living at a relatively low cost.

Costa Ricas low cost of living is a tiny proportion of the price it is in other countries. For example, home goods and utilities are as much as 70% lower and while the cost of housing has risen consistently lately in Costa Rica, in comparison, real estate is still way more cheap than it is in the States.

A small, basic house might average $60,000 to $70,000 while at the other end of the spectrum, there are also multimillion dollar properties and splendid mansions to be had.

Yet one more attractive benefit when it comes to finances for those retiring in Costa Rica from the USA are no income taxes on social security benefits and no taxes on capital gains.

Thanks to the constitution and laws and regulations of Costa Rica, foreign nationals enjoy the same rights as the country's citizens. This, coupled with the stable, democratic rule in place since the late Forties, provides retirees the chance to have peace of mind while residing in a tropical like environment.

Even those folks seeking a much less humid, cooler climate have the choice of living in San Jose and in the Central Valley area where year round temperatures are in the 80s during the days and a balmy 70s or 60s within the evenings. Heating and air con are often both pointless and plenty of homes aren't even equipped with furnaces.

The population of roughly four million residents enjoy a slower paced life-style, together with spectacular medical insurance, a relatively attractive benefit for those about to retire soon. Ranked by the United Nations as having the very best health care services in Latin America and amongst the top 20 throughout the world, Costa Rica provides medical health insurance through its government that covers 80% of medical expenses.

This comparatively small land, roughly 32,000 square miles, additionally boasts one of the highest literacy rates of any nation, an impressive 95%, along with one of the longest life expectancy rates, an average of seventy seven years. Ticos, or the native people of Costa Rica are also recognized for their social, helping nature and the nation continues to enjoy a really low violent crime rate.

Aside from all the gorgeous surroundings, there's plenty to do in with its collection of national parks and beaches together with a wide range of cultural events to experience.

When you have ever dreamed of dwelling in a picturesque, peaceful place away from from the hustle and bustle of everyday life, retiring to Costa Rica and discovering its many secret treasures may be worth seriously considering. Another bonus is that there are always a lot of cheap flights to Costa Rica accessible from main airports around the world.

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