Estimated Reading Time: 7 Minutes Do you know why expat’s Costa Rican retirement dreams get shattered? There are several reasons, so I’ll just have to walk you through them. However, the main reason is that they are unsuccessful because they don’t listen to those with expertise. Every day, I see people asking the same questions…
Estimated Reading Time: 6 Minutes I’m sure you already know that the Costa Rican weather is one of the country’s most attractive advantages. Nonetheless, you might not know that the weather and temperatures can change tremendously from one village or town to another. A friend sent me some very cold-looking photos of snow-covered roads, rooftops,…
Estimated Reading Time: 5 Minutes Many foreign buyers make the wrong approach when looking for a property on their own in Costa Rica. This mostly happens because they want to save themselves the realtor’s commission or they don’t believe the realtor’s expertise is necessary. Unfortunately, there are many pitfalls when buying a property in a…
Estimated Reading Time: 6 Minutes Before retirement in Costa Rica, you must determine if our country is your best choice. Only by doing your homework, you’ll learn which country fits your requirements to retire to. Before you travel, you can visit this site for the Costa Rica safety report. Once you have decided Costa Rica…
Estimated Reading Time: 5 Minutes Many think that moving to a new country is the hardest part, but how difficult is it to settle in? Moving abroad takes guts, organization, and a lot of hard work. When moving to Costa Rica, you’ll have to plan a zillion things like, what to take and what to…
Estimated Reading Time: 4 Minutes It’s a fact that retirement in Costa Rica is way different than it is in Florida. The reason for this blog is to show those who plan their retirement in the tropics that Florida and Costa Rica are two different worlds. Your lifestyle should indicate where to retire. I was…
Estimated Reading Time: 4 Minutes There are a few retirement fund prohibitions when using your IRA or 401(k) to purchase real estate that you should know about. Many retirement fund owners don’t even know you can buy real estate in Costa Rica with your self-directed IRA (Individual Retirement Account) or your 401(k) (Retirement Savings Account).…
Estimated Reading Time: 5 Minutes There are lots of retirees in Costa Rica, and in some way or another, they all communicate with their children, grandchildren, and friends back home. Technology changes faster than you want if you’re over 60 years old. I know because it drives me crazy already, and I’m computer savvy. My…
Estimated Reading Time: 5 Minutes Did you know that Costa Rica is a top scorer on the Happy Planet Index? And that we’ve been so, every year, since 2006? Costa Rica has scored #1 on this Happy Planet Index (HPI) from 2007 until 2019; you can download an excel sheet with all the HPI details:…
Estimated Reading Time: 5 Minutes Did you know that you can get a foot in the door by investing in Costa Rica using your retirement funds? Of course, there are some rules. But most think their IRA or 401(k) can only be used to invest in stocks and bonds or in real estate in the…
Estimated Reading Time: 4 Minutes For many retirees and soon-to-be retirees, the idea of retiring in Costa Rica, although appealing, can often get complicated because of the U.S. tax implications. So, before you say goodbye to your neighbors, take into account these vital U.S. tax considerations: 1. Pension Income How will your move abroad affect…
Estimated Reading Time: 7 Minutes Bill, a subscriber on Ivo’s blog, does not consider Costa Rica for retirement anymore. Future retiree Bill (I changed his name), has been a reader since January 2015 and has read 30.5% of our weekly blogs. This is more than the average subscriber. His email, asking me to unsubscribe him.…
A common question from Canadians is if Canadian home buyers can purchase property in Costa Rica or not? Our friendly partner in Vancouver Canada strawhomes.com often mentions property in Costa Rica is on the tips of their buyers’ tongues. Extended winters have led to an increase in Canadians affected with SAD. But the north’s frosty…
Estimated Reading Time: 6 Minutes Potential buyers often ask how to finance vacation rental investment in Costa Rica. Owning a vacation home in paradise is a beautiful dream but not always financially possible. Does having a vacation rental make sense financially or not? You can expect an annual net return of 4 – 6% on…
Estimated Reading Time: 4 Minutes Is a Do Nothing Retirement your future? Back in the day when retirement was mandatory at age 65 and one’s lifespan was much shorter, becoming a couch potato may have made sense. Or not. Currently, consider how many years you have for retirement. Doesn’t it make sense to set goals…
Estimated Reading Time: 7 Minutes A dream of a lifestyle at the beach usually involves white sand beaches, palm trees, and quite a few piña coladas. This dream can easily turn into a nightmare if you don’t figure it all out in time. GoDutch Realty services only the west side of the Central Valley. That…