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Living for less in Costa Rica

Living in the right country outside the United States can make all the difference in the world.

Living in the right country outside the United States can make all the difference in the world.

Those living below the poverty line in the United States will also find Costa Rica to their liking. Like most other countries in Latin America you should be able to live in moderate luxury on a modest retirement or investment income in Costa Rica.

Most citizens of the United States and Canada feel comfortable living where they have always resided. Some are lucky enough to have invested in property and have good retirement programs, affordable health insurance, stocks, bonds or IRAs to ensure a good quality of life during their retirement years.

Others  may not have been as fortunate. They realize that they may have not planned well and may be a little short on money to maintain their present lifestyle. A simple solution is to try to lower their standard of living and be more frugal in their own country to compensate for poor financial planning and/or bad investments. They can downsize to a smaller home, move to a more affordable but less suitable area, give up their yearly vacations, fire the gardener and cut back on other areas of their life to just scrape by. But what if they could move to another country with the same amount of income and improve their lifestyle dramatically instead of reducing it?

Living in the right country outside the United States can make all the difference in the world  between just subsisting and maintaining the lifestyle to which you are accustomed. Costa Rica offers a viable alternative.

The idea of living overseas is not new. The huge number of Americans due to retire is staggering.  Currently almost 40 percent of the population of the United States is over 50. By 2020, half the U.S. population will be over 50. Most Americans ages 41 to 59 say they will move when they retire.

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