Costa Rica Takes First Place as Best Places to Retire Abroad 2018

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Like every year, online magazine International Living offers its Annual Global Retirement Index, this is the 26th edition of this ranking where the top 10 countries to live a healthier and happier life are listed.

The ranking is done by a team of International Living contributors who cover five continents, expats that have experienced life in different countries. The list of best places to retire in the world takes into consideration different aspects such as: security, cost of living, climate, healthcare, etc.

Costa Rica went from position number 4 in 2017 to taking the first spot this year. The top 10 was completed with Mexico in 2nd place, Panama (3), Ecuador (4), Malaysia (5), Colombia (6), Portugal (7), Nicaragua (8), Spain (9), and Peru (10). The review created by Jason Holland, International Living Roving Latin America Editor states:

“North Americans have been flocking to Costa Rica for more than 30 years, attracted by the tropical climate; cost of living; top-notch, affordable medical care; bargain real estate; and natural beauty.
I love Costa Rica. You can kick your shoes off on white-sand beaches, hike through lush lowland jungle or mountain cloud forests, and bask in volcanic thermal springs. Rent a furnished two-bedroom local style home for just $500 a month, buy an ocean-view property for under $200,000, spend $25 at the feria (farmers’ market), and come home with a week’s groceries for a couple….”

The review also highlights, security, a good modern healthcare coverage, access to fresh fruits and vegetables, the variety of climates and landscape and lifestyle that goes with it:

“For such a small country, Costa Rica also packs a punch when it comes to variety of climates and landscape and the lifestyle that goes with it. You’ll find expats living in the eternal spring climate of the mountainous Central Valley. This is rural and small-town Costa Rica, where expats live in towns like Grecia and Atenas amid coffee plantations and forested hillsides. From their terraces they enjoy coffee from local beans and views of the surrounding countryside.

Some prefer life at the beach. There are funky beach towns like Tamarindo and Playas del Coco, resorts, and luxury communities on the Certral Pacific. Head far south on the Pacific coast, and you discover rain forest-covered mountains, small coastal villages like Ojochal and Dominical, and the wild seaside of the Southern Zone. In the Central Pacific you have fun beach communities like Jacó and Los Sueños where you can find one of the largest full service marinas in the country plus the conveniences of the country’s capital, San José, an hour and a half down the road. The bohemian and undeveloped Caribbean, including towns like Cahuita and Puerto Viejo de Talamanca, may be the most Pura Vida of all places in Costa Rica. You also have Lake Arenal, a highlands region known for a mild climate and rural charms; life on the lake is quiet and peaceful, with a close-knit expat community.”

Even though Costa Rica isn’t the cheapest country listed in the International Index Best Places to Retire Index, it states that it offers “Excellent bang for your buck”…” It’s possible for a retired couple to live very comfortably on $2,500 a month in Costa Rica. On this budget, they might eschew the “fancy” grocery store with imported goods in favor of the feria, where they can fill the fridge for the week for $30. Instead of hitting up the tourist restaurants that charge a premium, they might go to local sodas, restaurants serving up hearty Tico fare. But combine those cost-saving measures with the modest expenditures required on healthcare, rental homes, and utilities (no heating costs, and no cooling costs at least in Arenal and the Central Valley) and you can see how a good life can come at a modest price”.

But we all know there are always downsides, and the review concludes making reference to probably one of the biggest complaints among expats living in Costa Rica:

“The land of Pura Vida isn’t for everyone. In my time there, I had my share of struggles with bureaucracy and the flip side of Pura Vida—a relaxed attitude toward getting things done. But as a safe haven of civility in these complicated times, Costa Rica is that fascinating, solid, and dependable guy at the party who doesn’t feel the need to shout”.

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