The Secret To Successful Overseas Real Estate Investing
"I've told the buyer from Dublin that the other buyer, the gentleman from Cork, is considering...
Read moreLief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.
If slow paced, family-centered life, in what is considered by many as the “perfect climate,” appeals to you, then you might want to consider San Ramon, Costa Rica.
“Pura Vida” or the Pure Life is a motto used by the people to signify their desire to live a tranquil, peaceful life surrounded by family and friends.
Costa Rica as a whole is not one of the most affordable retirement havens.
In fact, it can be very expensive. However, where some areas of the country have become over-developed, and the prices have sky rocketed, San Ramon is still being discovered and remains affordable.
In San Ramon, Costa Rica, you can rent for as low as US$350 per month or over US$1,000 per month.
Over the years lots of expats have retired to Costa Rica using the Pensionado retirement visa. You must prove that you have an income of at least US$1,000 per month from a pension or social security.
Income from a job or any other source isn’t accepted for the Pensionado visa.
Also, the money has to be paid into a Costa Rican bank account and changed into Costa Rican colones.
Expense | Monthly Cost |
---|---|
Rent / Phone / Utilities | US$880 |
Electricity (See Rent) | 0 |
Telephone (See Rent) | 0 |
Internet / Cable TV See Rent) | 0 |
HOA Fee | 0 |
Property Taxes | 0 |
Transportation / Gas | US$423 |
Household Help | 0 |
Food | US$387 |
Personal Care / Clothing | US$80 |
Entertainment Travel / Meals Out | US$250 |
Health | US$180 |
Miscellaneous | US$120 |
Total Monthly Expenses | US$2,320 |
Click here for currency conversion at today’s exchange rate.
Start Your New Life Today, Overseas
Costa Rica is a top retirement destination for lovers of the outdoors. With over 1,000 kms of coastline, Caribbean to the east, Pacific to the west, mountains, jungles, and even volcanoes, Costa Rica has endless nature to enjoy.
"I've told the buyer from Dublin that the other buyer, the gentleman from Cork, is considering...
Read more"I've told the buyer from Dublin that the other buyer, the gentleman from Cork, is considering by how much he'd...
Read more"I've told the buyer from Dublin that the other buyer, the gentleman from Cork, is considering by how much he'd...
Read moreGun laws vary in every country. It is important to understand that gun ownership is a privilege, not a right. Gun laws are strictly enforced, and draconian measures apply for anyone found with an unlicensed gun or ammunition. You can apply for a gun permit as a legal resident in Panama, Belize, Nicaragua, and Ecuador. You’ll be limited in each case as to the number of guns you can own and also restricted as to the types of weapons you can keep, but...
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© 2008 - 2024 Live and Invest Overseas - All Rights Reserved.
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