Retire
If you are considering retirement options (imminent or years away), then Costa Rica is a surprisingly simple choice. It has all the advantages that have been outlined for the general population on previous pages of this site. In addition, retirees will likely make the most use of lower cost health services, medications, and home health assistance and also have the simplest immigration process to complete.
 

Retirement Communities

 
These residential communities have yet to be developed on the northern Pacific coast. The influx of investors and retirees is too recent to accurately assess demand and construct facilities. They will surely come in the future. In the meantime, you may want to consider a condominium or home development with a sufficient number of units to support full-time management staff that could provide general assistance or coordinate supportive personnel in the area.
 

Health Care Services

The general structure of health care services is outlined on the “Life Change” page (link). Retirees will also need to confirm the degree to which their home country health insurance coverage extends to Costa Rica. If it does not, or there may be large deductibles to overcome, it would be wise and likely cost effective to add coverage within Costa Rica from the national program.
 

If you need a certain degree of home care, it is possible to hire a person to live with you as a caregiver for approximately $500 per month. They will also be willing to do general chores and cook, if the time needed for direct care-giving will permit it.

Immigration: Long-Term

 
Pensionado (Pensioner) Status

You are allowed to remain in Costa Rica as a “Pensionado” if you can prove you receive $600 (USD) from a pension source or retirement fund. These may be combined funds from more than one source.

You must stay in Costa Rica 182 days per year. You may not work as an employee, but you may receive income from businesses you may own. You may include dependents under your status. There is a requirement to exchange $7200 (USD) in currency each year.

Your status is renewable every 2 years.

Allen and David chose Costa Rica with the idea that, when they would be ready to retire, they would stay. They will be glad to discuss their experience and thoughts if you email them at

End of Life Issues

If you plan to retire and spend a substantial amount of time and/or the remainder of your life in Costa Rica, you should consult a reputable attorney to insure your affairs can be closed with a minimum of hassle for your heirs and executor. Your will and last wishes, if already drawn in your home country, need to have been previously “legalized” and registered in Costa Rica to have the same force and effect, should you pass away while in the country.
 
 
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