How to retire in Costa Rica
To obtain and maintain residency under the pensionado program for retirees, you must show proof of at least $1,000 of monthly income from a recognized source such as Social Security or a state retirement fund.
Note that IRAs and 401 (k) are not recognized here. You will also have to pay a percentage of your monthly income to the public health system. Most expats opt for higher quality private health care at an additional cost. Costa Rica is also stable thanks to an influx of tourism dollars, and life is pretty safe as long as you use your common sense. If you haven’t been to Costa Rica, it is about time that you check it out.