Posts Tagged ‘Boomers’

Million of baby boomers are due to retire over the next few years and many are worried about their standard of living.

Their living longer, have not saved enough, have reduced state support and soaring medical insurance. So what can they do to maintain their standard of living?

The answer lies just 3 hours from the US. They can retire to Costa Rica and not just make ends meet, but improve their standard of living and their still close to

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Million of baby boomers are due to retire over the next few years and many are worried about their standard of living.

Their living longer, have not saved enough, have reduced state support and soaring medical insurance. So what can they do to maintain their standard of living?

The answer lies just 3 hours from the US. They can retire to Costa Rica and not just make ends meet, but improve their standard of living and their still close to

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Why Boomers are Buying in Paradise? Free E-Seminar Invitation Date: Sept 23, 2008 Time: 7:00 PM – 8:00 PM (EST.)











Hacienda Matapalo Clubhouse


Fort Lauderdale, FL (PRWEB) August 21, 2008

Baby Boomers have learned that Costa Rica Real Estate investments in 401/IRA plans appreciate in a time frame consistent with pending retirement, and the low cost of living provides a great lifestyle as you enjoy the benefits of your investment.

Costa Rica Real Estate

E-Seminar Invitation

Date: Sept 23,, 2008

Time: 7:00 PM – 8:00 PM (Est.)

This E-Seminar will discuss:


Double Digit Appreciation in Costa Rica Real Estate
IRA/401K Real Estate Investment in Costa Rica
Tax sheltered Investing in Costa Rica Real Estate
Asset Protection using Costa Rica Real Estate

Panelist:

Alejandro Antillion A., LL.M. Managing Partner

Pachecho Coto Attorneys at Law

Michael Starkey, Vice President of Sales,

Hacienda Matapalo

Who Should Attend:

Baby Boomers seeking an alternative to a financially stressful retirement, and individuals with assets and income seeking a safe haven.

Notes:

Instructions for accessing the E-Seminar will be emailed to you two business days prior to the event.

To register please email dinah @ costaricaforme.com

or call 954-548-3000

Baby Boomers have learned that Costa Rica Real Estate investments in 401/IRA plans appreciate in a time frame consistent with pending retirement, and the low cost of living provides a great lifestyle as you enjoy the benefits of your investment

In 2006, the first Baby Boomers began to turn 60 years old. They are just the first in a massive wave of soon-to-be retirees seeking affordable housing, sunshine, safety and quality of life. It is not just the retiring Americans, there are also Canadians, Germans, Swedes, British, Italian, French and others that are looking to escape unfavorable weather, poor economies, expensive housing, crowded suburbs, complicated health care systems and unfair tax burdens.

Since it is becoming obvious that most retirees will be unable to afford the lifestyle they want in the United States, many are retiring to destinations such as Costa Rica. As a result of this international trend, Costa Rica is experiencing the early stages of a land boom. Costa Rica’s real estate market will absolutely have a long-term sustainable boom because it is based upon new flows of wealth, not just speculation or currency and interest rate manipulations like the United States real estate market.

Some interesting facts about Costa Rica include:

1. Costa Rica has been a democracy for more than 115 years. It is the only country in the western hemisphere that does not have an army. In fact it abolished its army in 1949 and allocated the defense budget to education and health care, resulting in the highest literacy rate in the western hemisphere. At 96% Costa Rica has the second highest literacy rate in the world!

2.I n a recent study of health systems around the world Costa Rica was ranked just above the United States. In fact, Costa Rica’s health care system is rated among the top in the world and it has become a leading destination in the world for cosmetic surgery and dental work. They have a lower infant mortality rate than the U.S. and Costa Ricans outlive Americans by 5 years on average.

3. CNBC calls Costa Rica “The Hottest Real Estate Market on the Planet!”

4 Fortune magazine ranked San Jose, Costa Rica’s capital, among its 25 best cities in the world to do business.

5.Foreign investors in Cost Rica have equal rights and laws to protect them. The regulations for conducting business in Costa Rica are the same for both local and foreign corporations, which can fully own and con trol local corporations, as well as real estate without any access limitations or restrictions.

6. Living up to it’s namesake as “The Switzerland of the Americas”, Costa Rica offers: asset protection from creditors, judgments, liens, bankruptcy and divorce; privacy from individuals and governments and fewer taxes.

7. There are NO capital gains taxes on the sale of property in Costa Rica. There is no income tax in Costa Rica on money earned outside the country by legal residents.

8. More social security checks go to Costa Rica than anywhere else in the world! Currently over 300,000 Americans are living in Costa Rica either full or part time.

9. You can live extremely comfortable on as little as $ 2000 a month in an extraordinarily beautiful country with gorgeous sunsets, endless beaches, unbelievable fishing, spectacular mountains and warm friendly people.

10. Property taxes are 0.25% of the recorded property value, which is not always based on real market value. Thereby your $ 250,000 luxury getaway is just $ 625 year in property taxes. Additionally, since the Pacific coast of Costa Rica is actually hurricane proof, insurance is for your luxury home is just as inexpensive as the taxes.

11.Ownership of real estate in Costa Rica includes a deed and title insurance; just like in the United States. The ownership of all properties is recorded in the National Registry, as are all liens, and encumbrances on properties.

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