Retirement, Recreation and Real Estate in the South Pacific of Costa Rica

They say the 60’s are the new 30’s so what are you waiting for? If you’re ready for an active retirement it’s time to pack up your flip flops, head over to the South Pacific of Costa Rica and start sun kissing those grey hairs.

As more Americans are opting to retire rather than continue their frustrating job search and struggle with the ups and downs of economic uncertainty, many intelligent retirees have acquired their own piece of paradise here in tropical Costa Rica – they have never looked back!

With a low cost of living, low taxes, excellent health care facilities and prime retirement real estate, there’s little doubt that the South Pacific of Costa Rica is where you need to be heading.

Take it from someone that already lives here – the South Pacific really is a beautiful place to live – starting with the scenery – surrounded by a stunning tropical landscape with endless ribbons of white sandy beach and an abundance of wildlife.


Low Cost of Living

We all know that the cost of living is a primary motivating factor when it comes to moving abroad.The South Pacific of Costa Rica is a popular retirement location because of the low cost of high quality healthy food, affordable property prices and the endless amount of eco adventure activities. Living in the South Pacific of Costa Rica will not break the budget and ensure you enjoy a fulfilling and comfortable retirement.

Low Taxes

Its little wonder Costa Rica is such a popular real estate investment location. Property taxes are generally lower here than in North America and as a foreign resident you will not pay income taxes on foreign pensions or any income generated outside of Costa Rica. Its important to remember that if you are considering running a business, there is a 13% sales tax on goods and services.

Health Care Facilities

It’s far from a life in the wilderness – remember that Costa Rican healthcare is rated very highly on an international level. Many doctors speak English and have received training in Europe, Canada, or the U.S. Drugs are also much less expensive, especially at pharmacies outside the tourist areas of San Jose.

The South Pacific is home to the new Hospital de Osa. With a total of 23 departments, multilingual staff, 7 medical specialists, 10 GPs and 30 nurses this modern local hospital is well equipped to deal with emergencies and transportation is available via helicopter to a San Jose hospital if required. Facilities include a pediatrics wing, neurology, obstetrics and gynecology center.

Recreation

The South Pacific is home to a wide range of eco adventure activities – what perfect way to spend your retirement than to take canopy tours, horseback rides, snorkeling excursions, sunset boat tours, sport fishing and wildlife hikes? A sunrise stroll along the beach and a spot of yoga to start off your day is the best way to enjoy your golden years.

Real Estate

Beyond simple cost, there are several factors to keep in mind when you are looking for retirement real estate. Maintenance and the amount of cleaning you will need to do needs to be looked at closely.

Think about how much space you actually need and consider the benefits of a condominium property where many services are included and if you are not sure of the area commit to a short term lease before committing to buy a property.
However, if you are looking to generate an income, kill two birds with one stone and opt for a multifaceted property.

For example, a 5 bedroom, 5.5 bathroom residence located in Dominical boasts the perfect layout for vacation accommodation. Is this something you would be interested in? It was originally designed as a B&B and has a proven rental history.

With a 25% reduction in the asking price, this $750K investment opportunity is not expected to be on the market for long. Positioned 300 ft above sea level, this property enjoys spectacular ocean and rainforest views, a must for any prime vacation accommodation property. And of course, no holiday residence would be complete without a spectacular swimming pool surrounded by a large open deck area perfect for your guests to work on their tan.

This property benefits from a prime coastal location, surrounded by lush rainforest, abundant in exotic wildlife and within walking distance of the best beaches.

This property is positioned within fifteen minutes of the flourishing tourism town of Dominical. Home to an excellent selection of restaurants, supermarkets, gift shops, fruit stands, banks internet cafes and tour companies.

If you are looking for an exciting challenge in your golden years then this is it!

John Wieland

John Wieland

John currently believes that this is the best time in history to being a buyer in Costa Rica. He studies global markets and the flow of funds meticulously and is seeing an upswing. He is currently working with Haute Living Magazine to promote a higher quality of luxury homes to discerning clientele throughout the US. He is rigorous in his pursuit to expand such marketing efforts and visits prominent markets like Los Angeles, Miami, New York and more to build upon his network of affluent brokers. As the President of Coldwell Banker Costa Rica’s nine offices, his #1 Priority for his franchisees’ is training. With an ever-changing industry, he carefully reviews the performance of each office and is committed to helping each succeed. He is committed to growing the brand in Costa Rica from nine offices by implementing systems and a useful business tools that brings all the offices together. A visionary and consummate professional, John saw the benefit of starting an alliance amongst other brokerages and in 2008, spearheaded Southern Pacific Alliance of Realtors (SPAR). Although this may be his most challenging work, the sustainability of this business model has already proven to be a tremendous success and benefit for the area brokers. He has built networks spanning multiple countries and is committed to providing the highest level of client service. John, a self-proclaimed wine snob, currently resides in Playa Uvita where he often chooses wine from his hidden stash while his wife prepares something fantastic to pair with it. They continue to travel and visited Spain and Germany and also enjoyed a trip to visit family in California & Arizona. He has purchased a couple properties this year and has plans to build their family home next year in Ballena. An avid golfer, he was able to tick off Torrey Pines in San Diego and PGA Championship in Palm Beach from his bucket list. He is currently reading such books like “The One Thing”, “Business Adventures”, “Tomorrow’s Gold” and “The Clipper Ship Strategy” while also finding time to play the guitar for his wife and daughter.” Keep an eye for his new love of writing on his blog and other various industry platforms.