Boynton wrote:
There's a million stories in the naked city, always room for one more.
Serious advice ...
Read the threads in this forum. Check out C Howard's blog. Take the 2 day ARCR seminar on your next trip.
Come down for as long as you can and get a 3 year lease on a condo/apartment including power/water/internet. This caps your costs and minimizes the number of contracts. If you bail early, you are just out your first, last, security.
Sort everything out once you get here. Everyone's story is different. Listen a lot, talk less, make your own decisions based on your circumstances. Free advice is worth what you pay for it. The most expensive, and wasteful, dreams are someone else's.
I moved here pre-pandemic and filed for residency as soon as I got here, it took 2 years. I just filed for permanent residency. I live off $70K a year but could easily reduce that to $50K and still live well. Some guys spend less, some spend more. Living here opens up a LOT of chica options not available to tourists. I have made some mistakes but have few regrets.
Do you have to be living in country (Costa Rica) to apply for residency? The reason I ask is somebody told me they got their residency (it was another country) and they were still living in the USA. Do you have to live there a certain amount of time? Like if you lived 6 months in Costa Rica and 6 months in the USA (or another country) could you still have Costa Rican residency? Final question, what’s it like tax wise? Do you have to pay US income tax and Costa Rican income tax? When i retire, Social Security will be greatly reduced since they will be taking in less than 70% of what they pay out.
Where is C Howard’s blog? Where is the ARCR seminar?
Thanks in advance.