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Published on Tuesday, January 3,
2023
By the A.M. Costa Rica staff and wire services
Costa Rica is recognized among the 10 cheapest places in the world to live for people who are thinking of quitting their jobs and moving abroad, according to a report published by the U.S. business magazine Forbes.
"This is the year to pursue the dream: Quit your job and move to one of the cheapest (and best) places to live in the world, a country where it costs so little you might be able to stop working," reads the report.
According to the report, Costa Rica is one of the cheapest countries to live in around the globe based on the Annual Global Retirement Index by International Living which releases any of the top places to retire.
This list isn’t just for retirees. It’s for anyone who is looking for a better life, a more affordable life or just a way to escape from it all the frenetic pace of life, the violence, the politics, the divisiveness, they said.
This list is also for people who are tired of the 9-to-5 grind and want to find the cheapest places to live in the world, countries where the cost of living is considerably cheaper than the U.S., "so cheap that you might not have to work," reads the report.
“Consider your options overseas, and things start to look up. You can, in fact, step off the hamster wheel. When you can slash your cost of living by half, or even more in some places, it opens up lots of possibilities for better living," Jennifer Stevens, Executive Director of International Living said. "If you don’t have to work so much or for so long, then you can afford to spend your days the way you want with people whose company you enjoy. You can kiss the commute, the job, the cold, the politics goodbye and set yourself up in a place where every day brings an adventure.”
The index set Costa Rica as
the fifth cheapest country. “With a
lower cost of living, ease back and
forth to North America and affordable
medical care, it is not surprising that
Costa Rica remains firmly near or at the
top of international retirement lists,”
said International Living correspondent
Kathleen Evans.
According to Evans, another thing going for it is the country's political stability. "It’s so stable that it has been nicknamed the “Switzerland of Central America,” she said.
The report highlights that Costa Rica is a country that has something for everyone, with a dozen climate zones and hundreds of microclimates. “If you like hot weather, the dry tropical beaches of Guanacaste or the verdant jungles of the southern zone and the Caribbean will not disappoint,” Evans said. “Prefer something eternally temperature? The higher elevations of San José and the Central Valley would be the location of choice.”
Regarding the cost of living, the index mentioned that a couple can live comfortably, but not necessarily extravagantly, for approximately $2,500 to $3,000 a month. "This includes renting a two-bedroom home/condo with North American style amenities, air conditioning, plus groceries, entertainment, transportation and healthcare,” Evans said.
The top country to live in is Portugal, due to the country visa options making staying there long-term relatively easy, according to the Index. Other countries listed in a better position than Costa Rica were Mexico, Panama and Ecuador.
The New Jersey- headquartered magazine, Forbes, also reports on related subjects such as technology, communications, science, politics, and law.
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