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Originally Posted by cRiPpLe_rOoStEr
Not sure about Costa Rica, but I remember Belize had very favorable conditions for retired Americans, plus it's an English-speaking country.
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True but I’ll take top rated universal health insurance in Costa Rica over English as a national language any day. All Costa Rican citizens and permanent residents qualify. Insurance covers 100% without copays for doctor visits, surgery, and prescriptions. Cost is 7 - 11 % of income depending on income level.
Costa Rica is also very welcoming to retirees. Most people on Social Security could qualify to become residents. You only need a pension payment of $1000 a month. If your income isnt from a pension the requirement is $2500 a month or putting a lump sum of $60,000 in a Costa Rican bank. The temp residency is good for 2 years and renewable. After 3 years as a temp resident on can become a permanent resident.
You can fast track to permanent residency status in only 6 month by buuing real estate worth $200k