Costa Rica Shines at the 2024 International Living Bootcamp in Las Vegas – Technologist

Costa Rica’s appeal isn’t new, but it’s continuously reaffirmed as more people discover what makes the country so desirable for retirees. At the 2024 Bootcamp, the country was frequently highlighted for its welcoming culture, affordable healthcare, beautiful landscapes, and, perhaps most importantly, its pura vida lifestyle. Here are the primary reasons why Costa Rica remains at the top of the list for prospective retirees:

1. Stable Economy and Government

Costa Rica is one of the most politically stable countries in Latin America. Known for its democracy and lack of a standing army since 1949, it has maintained a peaceful and stable environment for decades. This stability is reassuring for retirees looking for a secure place to invest in property and call home.

2. Affordable and High-Quality Healthcare

Healthcare in Costa Rica is not only affordable but also of high quality. Many of the country’s doctors are U.S.-trained, and the healthcare system is recognized as one of the best in Latin America. Retirees can choose between the public healthcare system, known as the Caja Costarricense de Seguro Social (CCSS), and private healthcare facilities, both of which are very affordable compared to U.S. standards. The Costa Rica healthcare system’s cost-effectiveness is a significant draw for retirees, many of whom cite it as a deciding factor in their relocation plans.

3. Tax-Friendly Retirement

Costa Rica’s has tax advantages, especially when it comes to pensions and social security income. Retirees only pay taxes on income generated within Costa Rica, which means U.S. pensions, social security, and other international income streams remain untaxed by the Costa Rican government. Additionally, the country offers multiple residency options, including one tailored specifically for retirees (the Pensionado Program).

4. Beautiful Weather and Scenic Beauty

The “endless summer” weather, along with diverse ecosystems, is another reason why Costa Rica is a dream destination for many. The climate varies depending on the region, so retirees can choose from sunny beach areas like Guanacaste or the cooler Central Valley. Costa Rica’s pristine beaches, lush rainforests, and mountain landscapes provide a natural backdrop that promotes outdoor living and active lifestyles.

5. Easy Expat Community Integration

Costa Rica’s expat community is robust, particularly in areas like the Central Valley, Guanacaste, and the Orosi Valley. This sense of community makes it easier for new retirees to settle in, find friends, and get the support they need to navigate their new lives abroad. Many retirees find that the welcoming Costa Rican people and existing expat communities help them adjust quickly, making them feel at home in a new culture.