There are many places around the world where you can buy a real estate property to settle down for good, and if you are a prepper or a survivalist, you will not run out of options to choose a country where you can have peace of mind.
Among many countries throughout the world, one of them is Costa Rica. Today, we will show you the 10 reasons you should consider Costa Rica.
1. It’s a Happy Place
Costa Rica is the happiest country in the world, and this is because the people are very friendly and accommodating. They are warm not only with their fellow Costa Ricans but also with foreigners. They don’t hesitate to smile and talk to strangers.
Moreover, you can find a lot of fun events in the country. Aside from yearly festivals, there are games and competitions held in many parts of Costa Rica. When people gather together, you will feel their joy when they laugh. In addition, people in Costa Rica are helpful.
2. It’s a Peaceful Country
Many people say that peace and security are the same. This is why some countries invest heavily in weapons that are said to protect their people. For them, a strong military capability can provide them security and peace.
However, this is not what happens in reality, as countries with powerful military weapons are the ones most vulnerable to wars and conflicts.
Costa Rica has no military. It doesn’t have any army, navy, or air force, let alone weapons of mass destruction. Ironically, the country doesn’t have any conflict with any other countries either. Wars around the world may break in the future, but Costa Rica seems to be out of the scene.
3. Equal Rights for Foreign Owners of Land
In some countries, foreigners are not allowed to buy parcels of land. You can find other countries where foreigners are allowed to buy real estate properties but with many restrictions. This is to protect the sovereign rights of their people over foreigners.
In Costa Rica, their real estate laws are less xenophobic. It is because you are not only allowed to buy real estate properties, but you can also enjoy the same rights given to the people in Costa Rica. This shows that you are welcome to live there as if you are a native citizen.
4. High-Quality of Education
If you have children who are still studying, you won’t need to worry about the quality of education they will get in Costa Rica. The quality of education throughout the country is high and even higher than other developed countries.
Costa Rica is ranked 20th in education in the Global Competitiveness Report for the period between 2013 and 2014. In Costa Rica, the literacy rate is 94.9%. This is two points higher than the average rate for all countries in Latin America and the Caribbean.
5. No Racial Discrimination
In Europe, Australia, and in the US, racial discrimination is rampant. This is evident in many public areas where people may show apprehension on other races. Although this is still a reality that seems difficult to change, there exist some countries where there is no racial discrimination.
In Costa Rica, you can find a variety of all people living together in perfect harmony without any discrimination. There are also some Asians there, and they enjoy the respect they get from other ethnic groups. This means that Costa Rica seems to have a more superior culture than other developed countries.
6. Low Cost of Living
Everything in Costa Rica is affordable. In other countries, property taxes are very high. This ranges from 2% to 15%, and In Costa Rica, it’s only around 0.25%.
This is low because it is not based on US dollars but on its local currency. If you have $100,000 worth of property, your annual property tax is only around $250.
Because of this, prices of real estate properties are also quite low as compared to other countries with high inflation rate. Moreover, prices of commodities are very affordable. If you live in downtown areas, your electricity might be on the high side.
7. Warm Climate
If you are from North America or from UK, your long agony is the freezing temperature during winter time. The only period you can truly enjoy your holiday is during summer.
In Costa Rica, it’s like summer all year round. The temperature is warm, and this is perfect for some fun activities like swimming, fishing and more. Moreover, there are many good beach resorts in Costa Rica.
8. Good Healthcare Services
In Costa Rica, Medicare is a top priority. Aside from the high quality of services you will get from the country’s world-class hospitals like CIMA, and Clinica Biblica, hospital fees and medicine prices are very affordable.
This shows that medical tourism in Costa Rica is excellent. In fact, many patients from North America move to Costa Rica to continue their treatments they have.
9. Growing Economy
Costa Rica’s economy is promising, and if you are planning to buy land, now is the right time. In the future, there is a great possibility that prices of real estate properties will become much higher as more and more investors are now coming in.
10. Stable Political Situation
There are fewer possibilities of political turmoil in Costa Rica because the political system throughout the country is democratic, and it has enjoyed a stable political situation for many decades.
As a matter of fact, Costa Rica was the only Latin American country to be included in the list of the top 22 most stable democratic countries in the world.
Time to Buy Some Costa Rica Real Estate
Costa Rica may not be a perfect place for you, but if you compare it with other countries, this is one of the most promising. The above reasons may sound extreme, but this is what you will enjoy in Costa Rica when you try to live there, and you will also discover more as time goes on.