Retiring abroad is not a decision to be made lightly, but more and more retirees are considering their options (and the costs) of retiring in a foreign country. For those looking to retire in Costa Rica, you can live out your spirit of adventure and eagerness to try a new way of life while soaking up one of the world’s most laid back cultures and at a substantially lower cost of living than in the United States, Canada and other countries. If you’re willing to join the nearly 1.4 million Americans who have chosen to retire abroad, then check out Investopedia’s list of the top six countries for retiring on a budget.
Costa Rica: If extraordinary natural beauty, a stable government (that doesn’t even have armed forces), mild weather, friendly people, good healthcare and plenty to do sounds like a great life, then Costa Rica might be your preferred retirement destination. Although it’s not as inexpensive as most other South American countries, it’s still far less expensive than the US, and you can have a comfortable lifestyle on just $2,000 per month. Approximately 13,000 Americans live in this small country, drawn by a good life that’s well within their budgets.
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