http://www.grupo-utopia.com/blog/isou/a ... osta_rica/
Anyone need Wall paper?
http://www.tiazelmira.com/wallpapers/index.htm
Some interesting info here. Although I don't have a great desire to retire in CR (easy women is a great option but not an ultimate goal) I thought others here might find some of these #s interesting. If anyone decides to move to a foreign country buyer beware! There can be many hidden surprises out there.
http://www.dominicalrealty.com/blog/
Close To Retirement & Saved Less Than $1 Million? Then Consider This
Submitted by Staff on April 6, 2007 - 12:26pm. Business | Investing
Because it’s a fact that most Americans have not saved enough and face a huge huge drop in standards of living when they retire.
Were living longer, state support is going down medical costs going up and that’s without inflation!
Let’s look at the alarming reality for many baby boomers and those close to retirement and ways to get around a potential poverty trap.
How much do you need to retire comfortably?
Only 1% of US households aged 60-70 have $1 million or more in assets excluding than their home. $1M today lasts less than 20 years assuming a rate of return of 7% inflation of 3% and annual withdrawals of $75K.
Now don’t forget were living a lot longer now and most people retiring n0ow will live to 90 and many close to a 100!
Let’s do the same calculation onus $500,000 which is realistic for many Americans
With this amount invested in secure interest rate investments returning 4-5% you would only mean $25,000 per year to live on.
Ways to make up the retirement shortfall:
Record numbers of Americans are now looking at Costa Rica for a solution to shortfalls in investment. There looking at it from the point of view of investing and retiring. Its safe and just 3 hours away let’s look at some options.
1. Investing with low risk & high rewards
If your close to retirement and want to boost your investments returns then you can get big gains and low risk by buying property here.
Property costs up to 70% less in Cost Rica than on the US coast and can provide huge returns. This market is seeing savvy investors double their money in one or two years and investment is at record levels.
Prices have in fact been increasing over the last few years rapidly with no real downside risk
If you buy a property you get an appreciating asset and rental income from the booming rental market as well as the chance to enjoy it yourself!
2. Living In Costa Rica
Many people who invest in Cost Rica property do so just to get huge returns with low risk. However, more and more people (record numbers) are moving to Costa Rica, after firstly just investing here.
Why? The lifestyle is excellent and it comes at affordable cost.
$25,000 in the US Wont go far but you can live well in Costa Rica on this amount, in fact very well.
It’s a beautiful country, it’s relaxed and friendly, and it’s only 3 hours from the US and yet has something for everyone.
Nightlife, rain forest tours, fishing to golf or just lazing on the beach, Costa Rica has it all.
Why struggle, when you can live in paradise – there your Golden years and you should enjoy them.
If you are looking at Costa Rica to invest in and get high returns and low risk or you are looking at it from the longer perspective of living in the country.
You will be joining record numbers of Americans who are doing the same.
You may not have considered the above but the facts are compelling and worth further investigation.
By: Sacha Tarkovsky
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