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Live a Fun Life: Buying Real Estate in Costa Rica

by katydesroches

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If translated in Spanish, the nation's name Costa Rica means "rich coast". Truly, the nation is entitled to its name. With a fairly high Human Development Index (a figure that's an aggregate measure of a country's life expectancy, income, and education ), a lofty 5th location in terms of the Environmental Performance Index (a measurement of a nation's effort to protect the environment) and the top spot as the happiest nation in the world (based on the 2012 Happy Planet Index), who can state otherwise? Life benefits Costa Ricans, and the numbers do not lie.

With all the good things occurring for Costa Rica, it comes as no wonder that a great deal of foreigners are looking to get the nation. Many have even decided to permanently set up residence there. Naturally, your first agenda prior to you do relocate into the nation is the purchase of real estate in Costa Rica.

Wonderful Costa Rica properties can be quite affordable and make for beautiful tropical houses. Empty lots range from $ 40,000 to $ 75,000. Yet given that developing a home in a foreign nation can be challenging, realtors also offer new and pre-owned residences for as low as $ 45,000 and as grand as $ 2,900,000.

Many of the prominent properties are found either along the coast or amongst the plateaus. They flaunt spectacular views and a plethora of nature's beauties. Some of the more extravagant lots come with a kilometer-long stretch of the coast, little plantations, or even pools and creeks teeming with fish.

On the other hand, property customers can set their minds at ease when it involves taxation for possessing property in Costa Rica as foreigners. Costa Rica notes equal property ownership rights for both locals and outlanders. Furthermore, the government only taxes only one-quarter of 1 % of a property-- possibly one of the most reasonable prices worldwide.

With a wealth of natural beauty and resources, Costa Rica is simply super. If there was such a thing as paradise on earth, pertained to the "Rich Coast" and live the pura vida (" full of life") experience. Some extra guidelines on living in Costa Rica are on

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