Peter Stephenson has waited three years for this. He has sold his home and hardware business in New Jersey and is ready to make the move to the South Pacific of Costa Rica.
After first visiting this beautiful Central American country two years ago, he is all set for a very active retirement in my welcoming town of Dominical.
While carrying out his research, Peter discovered that aside from an overall healthier lifestyle his dollar could stretch further in Costa Rica. It’s certainly a benefit that I’ve noticed since living in the South Pacific.
After weighing up the advantages and disadvantages, Peter soon realized that he could save a significant amount on property taxes, insurance and medical fees if he made the move with his wife to Costa Rica.
Peter has acquired a 1.2 Ha ocean view lot in Los Altos de Miramar, Dominical. This is a pretty fantastic location. Positioned overlooking the Pacific Ocean he has opted to take advantage of the introductory prices before landscaping and roads are completed. Of the sixteen 400 acre parcel lots only a few remain.
With no mortgage to pay, I’ve told him he’ll need $2000 a month to live comfortably in the South Pacific. That’s including all insurances, car, delicious fresh food and fantastic eco adventure activities – sounds incredible doesn’t it? He has already calculated the ¼ of 1% he needs to pay for property tax and home insurance payments are minimal.
In August 2010, Peter and his wife, Sylvia came to Costa Rica for nothing more than a beach and sun vacation. They left knowing that this was where they wanted to continue their life adventure.
A prime concern for any retired couple is the quality of health care and the coverage of insurance policies. My family of three has had a family health care policy from INS for three years. We pay around $2500 annually and that gives us quality coverage and care at the best clinics and hospitals in Costa Rica.
Sylvia was also worried about how safe the South Pacific is; I explained to her that my family and I have lived here for more than 9 years with no incident. We are safer here that what we were in Southern California. While the crime rate in this area is low, because of our experience in the U.S we organized a Crime Prevention group that has been given national press coverage.
It was Sylvia who told me how she first fell in love with Dominical, “ Its natural beauty, off the beaten path yet in the path of development, its “Big Sur’ like coastline, void of “Name Brand” hotels. With all the help we have already received I really feel part of community and part of something special… great people and friends.” What more could you want?