Tired of Paying High Taxes- Come to Costa Rica
It is important to know about the overall cost structure before deciding to spend your retirement in Costa Rica. It is equally crucial to learn about the weather, the people in the region and the political structure. Costa Rica is famous for its perennial good weather; the Costa Rican people are friendly, political discordance and serious violent crime is absent, and life is more peaceful than anywhere else. A unique, tropical paradise, Costa Rica is a place where no price seems too high in exchange of the supernal subtlety, though rumors are galore regarding the neighboring countries. It's true that the cost of living in these regions (Honduras, Belize, Nicaragua) is slightly lower; however, the quality of life is lower as well.
Let us split up the reasons one by one, starting from the standards of living in Costa Rica.
· Greater purchasing power than in the United States or Canada. · Minimum amount needed for a decent standard of living is between $900 and $1200 monthly. · Living in luxury doesn't require more than $2000. · Costa Ricans making more than $2,000 a month fall into the upper class, making all foreigners with a decent income fall into the same.
The land boom in Costa Rica has made the prices for real estate rise a bit, however, they do not affect the real cost of living and it is still much lower if compared to Canada, Europe and the U.S.
The capital of Costa Rica is San Jose. If compared to any city in the Americas, San Jose prices are found to be the second lowest and if compared to the world, the cost of goods and services would be found to be the lowest.
The middle-class Costa Rican neighborhoods are good choices as well, with hired-help never going over a couple of hundred dollars per month for a full-time maid. The telephone service, electricity, and water costs around 30% of what one pays in North America. The warm tropical climate helps to save a lot since one doesn't require heating or air-conditioning. The public transportation usually costs between 25¢ and 50¢ within the region and a max of $10 while traveling to the farthest part in the country.
For the car owners, a gallon of regular gasoline costs about $1.75, which is the lowest among the Latin American countries apart from Mexico and Venezuela. Food, entertainment, and health care costs are reduced further with learning the ins-and-outs of the area and making friends and contacts. For setting up any small business for generating some extra revenue, Costa Rica provides enough opportunities among which, small cafes and selling retail fresh food are the most popular. So shall we say, "Onwards to a modest yet pleasurable Tico lifestyle, then?"
by David Lovendahl, Costa Vista Marketing
Related Tags: income tax, property tax, buy property, paying taxes, tax structure, costa rica taxes, tax reform, purchasing land, costa vista
Your Article Search Directory : Find in Articles
Recent articles in this category:
- Guide To Finding The Right Irs Debt Help Solution For Your Situation
Finding the right IRS debt help for your situation is crucial. Where you turn for assistance will de - The Basic Function Of Accounting
Accounting is a profession as old as the hills. It was a well known practice in the Roman, Ancient E - The Fundamental Concepts Of Accounting
The Federal Election was held in Australia on 21st of August 2010. During the rather boring election - Higher Earners Warned Over Tax Relief
Those that fall into the higher earners bracket have been warned that the government may impose furt - Procter & Gamble Wins R&d Credit Case Against The Irs
On June 25, 2010, the U.S. District Court in Procter & Gamble Co. and Subsidiaries (P&G) v. United S - 3 Ways To Settle Irs Tax Debt For Less
You can settle IRS tax debt for less if you know your options. There are several ways that you can s - Five Steps To Finding The Best Tax Lead Company For Your Business
The lead buying business has become an efficient and proven form of outsourcing marketing efforts to - Truly Effective International Tax Advice
A big concern for the public and corporate business units is to deal with the international tax at t - How To Avoid Making The Common Tax And Bookkeeping Mistakes?
Even though who consider themselves in the financial loop may fall prey to some of the most common t - How To Appeal Your Property Tax Bill
The responsible homeowner will want to do a thorough check of their property tax bill to ensure they
Most viewed articles in this category:
- New Tax Rules for the Poor
New tax rules for 2007 will bring about a good year for the poorest of tax-filers in Maryland. Tax-f - The Best LEGAL Tax Shelter in the World-- Your Home-Based Business!
Welcome to the best legal tax shelter in the world-- you home-based business! As long as you keep go - Income Tax Questions Answered Because of Radio - The World Is a Client of "Better Business"
Having hosted a financial radio program over several years has exposed me to many questions. Some of - IRS Alert: Tax Payers Need to be on the Look out for Fraud
Tax-Definition.org (http://www.tax-definition.org) is reporting on the second part of the tax - IRS Is Focusing on Schedule C Filers
In the last few tax years IRS has been paying more attention to taxpayers who file a schedule C. The - 2007 Brings Tax Relief for N.Y. Residents
As of January 1, 2007, New York residents have been benefiting from a decrease in hospital bills, an - Figuring Out Your Tax Return Filing Status
When you are ready to plop down and start preparing that tax return, one of the first questions is y - Lost Last Year's Tax Return?
It happens every year. Just when you get motivated to get rolling on your taxes, you realize you can - Energy Efficient Home Tax Credits
Under the Energy Policy Act of 2005 you can get a tax credit if you installed energy efficient win - Deductions Missed In Taxes
The deductions which are often missed by tax payers are as follows: Old points on refinancing: The