Category: Costa Rica Retirement

Retirement Fund Prohibitions when you buy Costa Rica real estate

Retirement Fund Prohibitions when you buy Costa Rica real estate

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).…

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How retirees in Costa Rica communicate with back home

How retirees in Costa Rica communicate with back home

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…

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Costa Ricans report the highest life satisfaction in the world

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:…

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Obtain Investor Status in Costa Rica by Using Retirement Funds

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…

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All About U.S. Tax When You Retire in Costa Rica

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…

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Why Bill does not consider Costa Rica for retirement

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.…

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Can Canadian home buyers purchase property in Costa Rica?

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…

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How to finance vacation rental investment in Costa Rica

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…

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Avoid a Do Nothing Retirement for a Better Final Phase of Life

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…

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Is a lifestyle at the beach for you?

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…

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