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Kiplinger
Kiplinger
Business
Kate Schubel

Retire in Costa Rica With These Three Tax Benefits

Outside deck in Costa Rica overlooking an ocean with palm fronds and patio chairs.

Did you know Costa Rica has a “blue zone,” where people reportedly live longer and healthier lives than other parts of the globe? And it’s no wonder. With a warmer climate, active community, and family-oriented lifestyle, Costa Ricans age 60 and older ranked #17 on last year’s World Happiness Report*, just behind the U.S., ranking #10.

So if you plan on retiring in Costa Rica, you may be in luck. Depending on where you’re from, you could see your inheritance and estate tax go way down, enjoy property tax savings, and obtain a lower cost of living.

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