Information on Costa Rica and Transferring Your Money

Dollar and Euro Currency

Costa Rica is a Spanish speaking country and is becoming more and more popular among expatriates from the UK and US. Their currency is the Costa Rican Colon (CRC) and transferring your money to Costa Rica can be easy, fast and secure.

There are beautiful coastlines and beaches, and borders with Nicaragua and Panama and the weather is good practically all year round. Costa Rica is a beautiful location to retire to and there are no restrictions on expats owning property in Costa Rica, and there are also properties all over the country available to rent. Rental prices differ slightly the closer you get to the central towns and cities, such as the capital San Jose, and neighbouring towns Santa Ana, Escazu and San Pedro. Buying a car in Costa Rica is relatively expensive so it may be worth researching import taxes and shipping charges for the option of buying a car from home and exporting it to Costa Rica. The roads in Costa Rica are not the best quality you will find, however the government in Costa Rica is continually trying to improve the road conditions in order to improve transport quality. If you receive your pension outside of Costa Rica, you will not receive income tax but you will have to pay tax on any earnings generated there. To save more money on transferring your pension to Costa Rica, it may be worth arranging for a regular money transfer with a foreign exchange broker in order to get the best exchange rates and avoid unnecessary additional costs.

Costa Rica has a wealth of health care available, with the option of both public and private health care and reasonable health insurance for both. Clinics, doctors, practitioners and specialists are readily available in Costa Rica and the cost of treatment or medical care is very moderately priced when compared to a Western health care system such as the US or the UK.

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Information on Costa Rica and Transferring Your Money

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