So you are moving to Costa Rica
A beautiful country with an easy going lifestyle and a peaceful people.
Well, before you start here are our 10 top pieces of information for expats:
- There is a large expatriate population in Costa Rica, including nearly 35,000 North Americans. Most of these Americans have come to Costa Rica to retire. There are more U.S. citizens per capita living in Costa Rica than in any other country outside the U.S.
- Being so close to the equator, Costa Rica has a tropical climate. The varying elevation throughout the country creates a number of micro-climates.
- Resident status can be achieved on three different grounds; investors, guaranteed income and retirement.
- Costa Rica has a unique form of literature called ‘costumbrismo’, which spins tales of daily life, often in the Costa Rican language, and which is a rich legacy of Costa Rican history.
- The official language is Spanish, which dominates in society and business. English is also widely, while French, German and Italian are also spoken by some Costa Ricans.
- The property market in Costa Rica was very strong from 2000-2012 however recently it has struggled with lower end properties gaining little value or even falling in price. This is a great opportunity for those looking to buy in Costa Rica, as it grows as a retirement destination in the coming years.
- Costa Rica has a population of just 4.7 million.
- Costa Rica’s currency is the Costa Rican Colón (CRC)
- Costa Rica has a GDP of just over 45bn making it only the 81st biggest economy in the world. Its economy is based around tourism, agriculture and electronics exports.
- One of the oldest democracies in Central America, Costa Rica is a stable and peaceful country. There is no military presence in the country and the children are raised to avoid conflict and to pursue peace
Once you are settled, explore the wonders of Costa Rica as it is a truly beautiful country and a great place for friends and family to visit!