Costa Rica

This Central American nation, with its jungles, rainforests, contemporary towns, and beaches, runs from the Pacific to the Caribbean. The country's climate, environment, and costs vary from region to region, but altogether, they are about 38% and 72% less expensive than in the United States, respectively, according to data from June 2022.

The cost of living is 55% less expensive in San Jose than it is in New York, and rents are 82% less expensive. San Jose is the nation's capital and is situated in the central valley. Retirees have access to the amenities San Jose as a well-liked tourist destination offers whether they want to live in the city proper or in the hilly environs. The Pensionado visa, which is part of residency programs, needs a monthly income transfer to a Costa Rican bank for expenses of at least $1,000. The Rentista Program demands a minimum of $60,000 or a monthly income of at least $2,500 from a guaranteed source for at least two years for people without a monthly pension.

Both public and private programs offer top-notch medical care. Residents have access to the national medical program, which has no co-pays or exclusions, as well as the choice of private health care, which has out-of-pocket expenditures that can be covered by self-insurance or a private insurance policy.