Cost of retirement in Costa Rica

Cost of retirement in Costa Rica

Costa Rica is one of the top 10 destinations in the world to retire along this year.

This was revealed today by in its Global Retirement Index, which is published every year as a way to guide those looking to retire to live somewhere other than their own town.

This ranking is compiled from statistics regarding quality of life, wealth, infrastructure and access to basic health care and services.

The first place goes to Panama, through its facilities in infrastructure, easy steps especially in the granting of visas for future residents, and air links.

The second and third positions are for Ecuador (the country that won last year) and Malaysia, respectively. About Ecuador, the website recognizes its spectacular views, comfortable prices and pleasant climate and the warmth of its people.

The fourth place went to Costa Rica. About our country, the Index highlights that the main strength is the Social Security system, which has made it a popular destination for over 30 years.

The Index highlights also that it is easier to be a legal resident, which offers a “great program for pensioners or retired.” One must demonstrate a minimum monthly income of $1,000 for trading in Social Security, which provides benefits for disability and even a pension. This benefit extends to the couple.

In quality of life, retirees have access to public transport, full farmer fairs and varied restaurants. And, of course, highlights the warmth of the Ticos and. “Pura Vida” means that people work to live, not live to work; value the time with friends and family.

The remaining positions are: Spain (5), Colombia (6) Mexico (7), Malta (8), Uruguay (9) and Thailand (10).

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