Best Places to Live in Costa Rica 2020 - Baby Boomers - New Law to Attract Baby Boomers, Gringos...
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3 жыл бұрынThis video is Part of a series on the Best Places to Live or Retire in Costa Rica.
Today, we have an exciting "Breaking News Story" that will Greatly Benefit anyone who wants to move to Costa Rica.
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Costa Rica has been hit hard by COVID-19... like most countries. Costa Rica's response to this financial crisis is to make some changes in legislator that will make it beneficial for Gringos to move and become residents of Costa Rica.
More below...
We'll have Attorney Roger Petersen help us understand how this new proposed bill will benefit the people who want to become residents of Costa Rica.
This is going to help every person who wants to move to Costa Rica and especially everyone who is looking for...
The Best Place to Live in Costa Rica.
DOWNLOAD FREE PDF - New Proposed Law and the Benefits
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This is exciting news and we hope this proposed law is passed. This will benefit everyone who wants to move to or retire in Costa Rica.
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Allen Rich
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Check Out These Videos:
COST OF LIVING IN COSTA RICA 2020, Living in Costa Rica on a Budget, $1,000 a month - is it Possible
• COST OF LIVING IN COST...
Best Places to LIVE IN COSTA RICA 2020 - Retiring in Costa Rica - Moving to Costa Rica - Do NOT Live
• Best Places to LIVE IN...
DISADVANTAGES OF LIVING in Costa Rica 2020 - Living in Costa Rica Pros and Cons
• DISADVANTAGES OF LIVIN...
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• FOOD IN COSTA RICA 202...
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@OffTheGridHomesteadCostaRica 3 жыл бұрын
Oh BOY...do I have some GREAT NEWS for you! I can't wait for YOU to see this video !!! Make sure to comment and ask questions...we're always live for about an hour afterwards to answer YOU!👍
@darkseid1757 3 жыл бұрын
Potential expats need A LOT more videos like this!! Thank you for being so informative!!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
You are welcome....we're glad you enjoy our channel. Make sure to subscribe and hit the notification bell so you will know when our next video goes live.
@YS-js5my 3 жыл бұрын
Thank you again for another informative video , I look forward to them !
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Thanks for saying so...that's our goal.
@cindyh112 3 жыл бұрын
Excellent information. Thanks for sharing
@OffTheGridHomesteadCostaRica 3 жыл бұрын
We appreciate you saying so...thanks so much!
@TopSpinWilly 3 жыл бұрын
Comprehensive video a lot of us probably need. Thanks man.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Glad you enjoyed...We try hard to give you as much of the information as possible.
@bakerchuck 3 жыл бұрын
On my way in 18 months. Please keep us updated!!! Thank you very much.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Yes...watching this close....Good for everyone.
@leojackson6829 Жыл бұрын
Great information. I've always liked Costa Rica. Keep up the good wok.🙂
@OffTheGridHomesteadCostaRica Жыл бұрын
Thanks...join us for our LIVE Tomorrow.
@KJohnsondelight 3 жыл бұрын
Thank you for this great information.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
My pleasure! So glad you enjoy it. Let us know how we can serve you!
@rahvp 3 жыл бұрын
We are planning on retiring to Costa Rica so fingers crossed this bill passes!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Agreed...it would be great for expats and CR!
@guenia 3 жыл бұрын
Great video! Thanks!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Thanks so much...we appreciate you saying so.
@brianmiller4998 3 жыл бұрын
Awesome videos and thanks for all the help. I am planning on the first trip in December 2020 with the hope of moving by January or February 2021. Your videos have been a great help
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Glad it was helpful! Sounds like an awesome PLAN ! We're so glad you find our channel helpful, please share with everyone you can.
@jociscocr 3 жыл бұрын
Welcome to paradise 👌
@whatdoesthebiblesayabout1268 3 жыл бұрын
I would not be without this information if I were moving to Costa Rica. Excellent need-to-know information that will save those who hope to move to Costa Rica thousands of dollars.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
I agree with you 100%. Glad you find this information valuable.
@cc8244 Жыл бұрын
Been planning over the last 3 years to relocate from US and am finally omw Jan 2023 to check out my chosen areas, secure a rental and start a very needed new chapter in my life. All info from several really good sites has been fundamental in my plans and I am so grateful! Pura vida 🌞🌞🌞
@OffTheGridHomesteadCostaRica Жыл бұрын
That is good to hear. Wishing you the best. Keep watching...keep learning so you will be even better prepared before you arrive.
@missansley 3 жыл бұрын
Oh I am so excited about this! Bringing our household items in would be a big help for us. We wouldn't bring our car, it wouldn't be useful on the roads. Thank you for directing me to this video. I need to just sit and binge all of them. lol
@OffTheGridHomesteadCostaRica 3 жыл бұрын
I totally agree! There is a LOT of great information in all those videos. I DID HEAR....that they have already passed some of the info in that video... They did reduce the 200K down to 150K.... So, that means...they are looking and working on this proposed law. YEAH Hope you can join us on our KZfaq "LIVE" Tomorrow Sunday 2 PM EST You ask it...We'll Answer it "Live" Session
@DeepDarkDanger 3 жыл бұрын
thx for this info
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Thanks and we are glad you like the information.
@TheAprizzle92 3 жыл бұрын
Thank you so much, you guys provide such good value it's insane.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Thanks for saying so...hopefully the proposal will pass!
@TheAprizzle92 3 жыл бұрын
@@OffTheGridHomesteadCostaRica It would be fiscally irresponsible if they don't, this will bring them a lot of money and investments. As always, your videos are getting better and better, hopefully by this time next year you'll have a million subs.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@TheAprizzle92 Agreeing with you...thank you!
@TheAprizzle92 3 жыл бұрын
@@OffTheGridHomesteadCostaRica My pleasure.
@iryshpoatit7967 3 жыл бұрын
Great... Video... and great news... I'll be visiting soon... and plan on relocating this year... Or after that law is passed lol... Thank you for info
@OffTheGridHomesteadCostaRica 3 жыл бұрын
You are welcome....Glad it was helpful! One step at a time.....if you plan right, YOU CAN come to Costa Rica and enjoy paradise...the best thing to do is JOIN our forum. Joining our NEW forum for more great tips and connecting with others who want to come to Costa Rica or others who are already here. Everyone in the forum is helpful. Join us today at CreatedForSuccess.com/forum-free
@peggyhijerry8749 3 жыл бұрын
Awesome video!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Glad you enjoyed it
@jimshomecomforts8505 3 жыл бұрын
Hello, im a new subscriber and have watched your past two videos. Thanks for the super content, and I hope your keeping well. 🇨🇦 considering a visit, if that bill pasts it sure will make things very enticing.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Awesome! Thank you! I agree.... we all hope that bill passes.
@steveharalson4430 2 жыл бұрын
Great Information
@OffTheGridHomesteadCostaRica 2 жыл бұрын
Glad it was helpful!
@jociscocr 3 жыл бұрын
This is good news. More friends around! 😊
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Definitely!!
@Ivanslav1 3 жыл бұрын
great video! thinking of expat life myself
@OffTheGridHomesteadCostaRica 3 жыл бұрын
You should! It's a great way to enjoy life.
@joeboudre1667 3 жыл бұрын
You might want to start with the housing cost. And visa investment incentives!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Thanks for your input...good idea
@SuperThunder911 3 жыл бұрын
Wow excellent video,so my question is as a dual citizen individual do all these changes apply to me as well, I currently live in Florida,thanks.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
If you have a Tico citizenship, then I don't think you have anything to worry about....if NOT, then this new law might apply to you.
@fernandobreneszamora222 2 жыл бұрын
Hola saludos cordiales desde San Ramón de Alajuela costa Rica,🇨🇷
@OffTheGridHomesteadCostaRica 2 жыл бұрын
Hola...Mucho gusto
@fernandobreneszamora222 2 жыл бұрын
@@OffTheGridHomesteadCostaRica es un gusto tenerlos en nuestra pequeña Nación,saludes🇨🇷
@werecarryingsignsnow245 3 жыл бұрын
A lot of great info here! Thank you! Want to know more about the Platanillo to San Isidro neighborhoods. Always hear dogs in the background, and have 2 dogs myself who are coming with. Any trouble bringing dogs? Thank you!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Thanks...we’ll try to get you some information on Platanillo to San Isidro soon. You will find some info in the Southern Central (Perez Zeledon) video. kzfaq.info/get/bejne/nsmWmNx3367TeY0.html No problem bring dogs. This country has gone to the dogs..Lol. Everyone has dogs.
@werecarryingsignsnow245 3 жыл бұрын
@@OffTheGridHomesteadCostaRica Muchas Gracias! That means, "much grass" in Spanish...I'm learning! LOL So glad I found you. Thank you for sharing!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Maybe a typo in your reply....Lol. Muchas Gracias means “Thank you very much”. Lol. Not much grass. But....keep trying, I am still learning and NOT nearly as good as I should be... LOL. I mess up the spanish language constantly... BUT, I’m trying. Lol. Keep learning...you’ll get it. Enjoy
@werecarryingsignsnow245 3 жыл бұрын
@@OffTheGridHomesteadCostaRica No, it's my Go-To Spanish joke. lol! I'm a little better than that overall with the Spanish...
@IceScreamRock 3 жыл бұрын
is the 2014 edition of the roger P book still worth reading?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Yes...this guy updates his book all the time. Click the link in the description and you'll see the updated book he has for sale.
@vickysaputra2730 3 жыл бұрын
Wow, the atmosphere is so beautiful, nice to meet you from Indonesia 🇮🇩 🇮🇩
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Nice to meet you as well. Glad you enjoy the scenery...it is beautiful here.
@vickysaputra2730 3 жыл бұрын
Anyway, I just saw a beautiful view like that, thank you, I can see the outside, hopefully you will be given health, given good luck, ame
@vickysaputra2730 3 жыл бұрын
Thank you very much I can chat with you sorry you have visited Indonesia
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@vickysaputra2730 I agree...
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@vickysaputra2730 Great
@jeffh7285 3 жыл бұрын
If I am not retired yet but can work from home/remote. I assume I could do a rentista visa?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Hey Jeff, YES, you should be able to get the "Rentista Residency" if you are able to put $60,000 in a bank...and it is NOT a visa, but Temporary Residency that you can upgrade to Permanent after a few years. However, Costa Rica does have another category, NOT many lawyers tell you about....for "Self employed" and Costa Rica is or wants to have another category they are going to call "Digital Nomads" since they are beginning to realize that many people work from home on the internet. The last two options I think will be much better than the Rentista. But I don't have all the facts and I'm NOT a lawyer...just some things for you to think about or research when talking to a lawyer.
@alfredparker2499 3 жыл бұрын
You need to check out AM Costa Rica - it is in English and IMO is better than Tico Times. AL
@OffTheGridHomesteadCostaRica 3 жыл бұрын
The Tico Times is in English as well...
@alfredparker2499 3 жыл бұрын
What about the people already here with Residency. Are they able to bring a car or furniture from the US without import tax??
@OffTheGridHomesteadCostaRica 3 жыл бұрын
That has NOT been decided yet. We are all waiting to see if CR will make this new law retroactive or not.
@Mebeknob 3 жыл бұрын
Any update to this law?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
No news yet...we are keeping a lookout though. We will post any new news in our forum which you can join for free or become a premium member...it's forum.cloudforestchapel.com
@AppalachianHistoryDetectives 3 жыл бұрын
When will the law be voted on? Is it more advantageous to rent a house or buy there? I’ve heard many recommend renting only but seems like a lot of Gringos buy.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
We don't know WHEN they will vote on the new law. Everything in CR happens very slow. But they are still working on it as far as I know. We suggest FIRST renting for at least a year to make sure you know you like the area, the weather and etc. Then find a house and BUY. Right now you can get great deals after you have been here and know where to look. We post great deals when we find them in our forum. Also...consider joining our NEW forum for more great tips and connecting with others who want to come to Costa Rica or others who are already here. Everyone in the forum is helpful. Join us today at Forum.CloudForestChapel.com
@geekbaritone 2 жыл бұрын
You need a 4x4 and diesel vehicle in any Aentral American country
@OffTheGridHomesteadCostaRica 2 жыл бұрын
It is a good idea to have a 4x4 unless you plan to stay on the main road.
@robertmackenzie3973 3 жыл бұрын
Costa rica is becoming a mini u.s.a, not cheap,panama is way ahead for providing for retirees! Same enviroment, fauna too! More u.s friendly!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Yes Robert....Panama is a lot cheaper...however, it just depends on what you prefer. I prefer mountains and nature....while Panama has a little bit near the border of Costa Rica....most of Panama is not as pretty as Costa Rica. AND Panama has a military....Costa Rica does not... Many different Pros and Cons. Panama makes it much easier to become a resident. CR does not.... Thanks for your input.
@anniesshenanigans3815 3 жыл бұрын
Agree. I'm leaning to Panama
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@anniesshenanigans3815 Like anywhere...make sure to do your research. Weigh the pros and cons...Enjoy.
@anthonylafayette4385 3 жыл бұрын
@@anniesshenanigans3815 ..Panama is also a dollar economy. You do not have to pay the 3% foreign conversion fee. Costa Rica contemplated, but it did not go through a 0.3% tax on ALL bank transactions, which if you used your Debit card/ATM card once a day it would come to 9%. Again due to 3 weeks of protests this tax and others did not go through.
@peggyhijerry8749 3 жыл бұрын
Benz? Are there Mercedes dealerships there?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Yes...that does seem surprising, but there you can buy a Mercedes in San Jose, Costa Rica.
@blovebellalove Жыл бұрын
Did the law for import taxes being omitted, get passed ?
@OffTheGridHomesteadCostaRica Жыл бұрын
Yes...it did get passed and I'll be updating you on this issue in a week or two...have a new video coming on that topic soon.
@603ginob 2 жыл бұрын
I’m confuse the video says best places to live in Costa Rica
@OffTheGridHomesteadCostaRica 2 жыл бұрын
Thanks for your input... This video is Part of a series on the Best Places to Live or Retire in Costa Rica.
@andreazedda7672 3 жыл бұрын
you are like a David giggings of Costa Rica
@OffTheGridHomesteadCostaRica 3 жыл бұрын
I don't know if that is a compliment or not??? I don't know who David Giggings is. Hope you are enjoying the channel.
@andreazedda7672 3 жыл бұрын
@@OffTheGridHomesteadCostaRica my bad, I meant David Goggins ahah he is a tough badass
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@andreazedda7672 I googled him...YES, I"ll take that as a compliment. I agree he does seem like a B.A.
@galengrows 3 жыл бұрын
Did this bill end up getting passed?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
not yet...still considering it...slow in CR
@peggysue3403 3 жыл бұрын
Do they have Mercedes there?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
I think they have a Mercedes dealership in San Jose... Google it...but I think there is.
@Biblebythebeachwithkendra 3 жыл бұрын
Has CR made any movements toward this change?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
We haven't heard anything yet....Things move slowly in Costa Rica...but make sure to subscribe so you will know as soon as we know.
@Biblebythebeachwithkendra 3 жыл бұрын
@@OffTheGridHomesteadCostaRica thank you for answering. That one thing would make a world of difference in our move!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@Biblebythebeachwithkendra I agree....since we don't have our residency yet...if they pass those laws...it would make a huge impact on us and help us as well. Turn on notifications and you'll know as soon as we know... We'll keep you updated with valuable videos and info the best we can.
@derrickb4845 3 жыл бұрын
What is the retirement age in Costa Rica is it the same as America?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
That's a good question. I have no idea. That would be a good question for the forum. I don't know if they have a social security system like in the US??? In Costa Rica...MOST families have to take care of their elders or OLD RETIRED people.
@luc253 3 жыл бұрын
Hi ! any News about the law?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
No news yet...we are keeping a lookout though.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
We will post any new news in our forum which you can join for free or become a premium member...it's forum.cloudforestchapel.com
@EllenShapiro 3 жыл бұрын
So, was this passed?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Not yet....like most countries...the Gov't wheels move really slow. Best thing to do is join our forum. It is a place where we try update everything and much more great stuff YOU NEED to know about Costa Rica. Also...consider joining our NEW forum for more great tips and connecting with others who want to come to Costa Rica or others who are already here. Everyone in the forum is helpful. Join us today at CreatedForSuccess.com/forum-free
@kyler6423 3 жыл бұрын
I just heard that CR just proposed a new law to tax expats retirement income. That could mean that even you do not pay taxes for social security in the US you could end up being taxed by CR as soon as you move money into your bank account there. So I WAS thinking to maybe retire in CR but now I am definitely also consider Panama. LOL
@OffTheGridHomesteadCostaRica 3 жыл бұрын
One step at a time.....if you plan right, YOU CAN come to Costa Rica and enjoy paradise. Also...consider joining our NEW forum for more great tips and connecting with others who want to come to Costa Rica or others who are already here. Everyone in the forum is helpful. Join us today at CreatedForSuccess.com/forum-free
@masonhunter855 3 жыл бұрын
Any information on this bill number? Or how to find information on it? I Googled it couldn't find anything about CR taxing Expats money that was not income from CR. I'm considering moving to CR or Nicuragua later this year. Any response directing me to new bills or other info would be greatly appreciated thanks !
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@masonhunter855 that's a good question. I don't have that info. Maybe if you search on the TicoTimes website you might find more info about it there.
@mabel9073 3 жыл бұрын
I am a retired person, living of the SS income. If I go to live in Costa Rica, will I continue to receive the same benefits? Thank you for your videos, very helpful! 👍🏼
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Many retired people here....we are NOT retired. I don't know what benefits you are talking about, but you might get more information by going to the US Embassy website at: cr.usembassy.gov/
@cindygamboa7112 2 жыл бұрын
Be careful when buying property in Costa Rica because the system encourages squatters. I have been fighting for my rights over my own home for almost a year and nobody will help.
@OffTheGridHomesteadCostaRica 2 жыл бұрын
Thank for your input...
@PhoenixwayNet 3 жыл бұрын
Was it ever passed?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Not yet...the gov't wheels here move slower than anywhere else. But we're still hoping.
@peggysue3403 3 жыл бұрын
When do they vote?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Don't know....but it is on the table. Things in Costa Rica, always take a long time.
@tattoohick Жыл бұрын
My 86 Monte Carlo is out of the question lol 😢
@OffTheGridHomesteadCostaRica Жыл бұрын
Yes....you are correct, I doubt you would ever find parts for that car. Lol
@tattoohick Жыл бұрын
@@OffTheGridHomesteadCostaRica I'd sell it to move there truly.
@wjavier4041 Жыл бұрын
What happened with this new law?
@OffTheGridHomesteadCostaRica Жыл бұрын
We're all still waiting to see when they will implement the new law. They have implemented the new Digital Nomad law....just a few weeks ago.
@wjavier4041 Жыл бұрын
@@OffTheGridHomesteadCostaRica thanks 🙏🏼🌟
@TOMMYSURIA 3 жыл бұрын
Did it pass?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
We are still waiting to find out....new Proposed Laws can take some time....but as soon as we know if it the law passes or not...we will be sure to update everyone on our channel.
@TOMMYSURIA 3 жыл бұрын
@@OffTheGridHomesteadCostaRica thank you guys from hot Central Florida.🥵
@johnatyoutube 3 жыл бұрын
Is that 10% health care tax one time or annual?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Not sure what your question is exactly, but AFTER you become a resident, which can take a couple of years...then Costa Rica requires you to pay into the Health Care Program. It is Health Insurance. It varies from 4 or 5% to as much as 12% - 15% and all depends on the residency category you file for. I hope that answers the questions you have.
@johnatyoutube 3 жыл бұрын
@@OffTheGridHomesteadCostaRica Thanks, that helps. Do you have a video on that? Also how does private health insurance and Medicare figure into life there?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@johnatyoutube check out this video: kzfaq.info/get/bejne/rLNdorinrq3Mn4U.html We talk a lot about requirements here.....should help a lot. Most Gringos use. Private Health care....still very cheap and much better than the Public Health System and cheaper than the USA. As for any insurance from the states....or outside Costa Rica....from my experience...YOU PAY, nobody I know will take your insurance card, but some Insurance companies will allow YOU to file a claim. Also...consider joining our NEW forum for more great tips and connecting with others who want to come to Costa Rica or others who are already here. Everyone in the forum is helpful. Join us today at CreatedForSuccess.com/forum-free Hope that helps.
@johnatyoutube 3 жыл бұрын
@@OffTheGridHomesteadCostaRica Thanks!!!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@johnatyoutube you bet
@helenejattan 3 жыл бұрын
Has this proposal passed?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Not yet...still being considered.
@helenejattan 3 жыл бұрын
@@OffTheGridHomesteadCostaRica thanks
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@helenejattan Also...consider joining our forum for more great tips and connecting with others who want to come to Costa Rica or others who are already here. Everyone in the forum is helpful. Join us today at CreatedForSuccess.com/forum-free
@MB-em9hm 3 жыл бұрын
The one thing that has kept me from making the leap to a pensionado visa is the Caja. I have Tricare Insurance for life that pays outside the USA, and my income is a VA disability and SSDI. Not even the IRS in the States can touch my blood money, and I'll be damned if I'm going to give 10% of it to a foreign government. Everything in me is screamin' for this move to CR, so IF this legislation (which strangely I've only heard of here) passes the crippled and heavily protested congress down there, The last objection I have to relocating will be gone.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Unfortunately...from my understanding and I am not an Attorney, but I believe EVERYONE who gets their Residency must then pay 10% of their DECLARED income for CAJA (health insurance). It is a small sacrifice to live in what feels like paradise and the rent or cost of living is so affordable.
@MB-em9hm 3 жыл бұрын
@@OffTheGridHomesteadCostaRica so do they care if I only declare the smaller of the two? Are there penalties for NOT declaring an income source?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
I really don’t know the answer to that...but talking to a good attorney in Costa Rica could answer that question. I do KNOW people who declared a LOT (I don’t know why and they paid a lot) I know people who only declared a little....so that they would NOT have to pay 10% on everything. I am not saying to be dishonest...I am just giving the facts.
@cherylkern3288 3 жыл бұрын
@@MB-em9hm You only declare one, so, yes, the smaller of the two. Our Caja payments are roughly 5% of our declared income. Age plays a factor.
@anthonylafayette4385 3 жыл бұрын
When I first came to Costa Rica you were not forced to join the Caja. I did join voluntarily and paid $38.00 a month, that was about 20 years ago. The country which is broke started forcing all foreign residents to join the Caja a few years ago. I pay about $85.00 a month now thru ARCR which has a group plan. I have never used the Caja, my Union pays most of my medical down here so long as I get the bill in English and Dollars, which at times can be a hassle. Most private doctors will tell you the Caja is only good for emergencies. That 10% is a lot of bunk, if you tell them what expenses you incur each month that 10% will gradually lessen.
@IceScreamRock 3 жыл бұрын
has this legislation passed?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
We're still waiting. Things in CR move slow...but we are hoping something will happen soon.
@dougdileo4727 3 жыл бұрын
c.r. needs to make this as easy as panama for people to retire there....i am married to a tica she has dual citizenship but i would still need to jump through hoops; i find this crazy and unnecessary ...and the car stuff is just insane.it comes down to greed of government to screw over persons wanting to come and live there...bigger reason is most ticas do not pay taxes to feed the kitty and fat cat pensions...everywhere i go in c.r. the locals evade taxes like the plague but make loads of cash under the table...
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Yes...there is a lot of truth in what you are saying and I agree. Costa Rica needs to make it easier and at the moment, they claim they are working on something...so let's hope something changes soon.
@richardyoung1890 3 жыл бұрын
@@OffTheGridHomesteadCostaRica Yes instead of enforcing income tax collection their answer is more value added taxes VAT and taxing bank transfers,taxes on services etc etc!,Costa Rica has become the most expensive place to live in Central America! I wouldn’t hold my breath on the new incentives to attract new residents to Costa Rica!There is also big opposition in the legislature on the new law.It is what it is and after 20 years here I accept the the Costa Rican Motto Dios Quire “It’s up to God” they are a very patient people for the most part.So with all its warts and beaurocrazy I still love living here just have the Manjana attitude and run on Tico Tlme!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@richardyoung1890 YES...you are correct. We have the same thinking....although we run into problems....for US, the Pros far outweigh the Cons every single day. So, we learn to live with the things we think MAKES NO SENSE...but since we are only guest in this country, we learn to live with it.
@mia7065 2 жыл бұрын
Did this bill pass?
@OffTheGridHomesteadCostaRica 2 жыл бұрын
Yes...this bill did pass...you can check for more updated vide on our channel. kzfaq.info/get/bejne/hLKPm7B6nt6Rcps.html
@mia7065 2 жыл бұрын
Awesome! Thanks for your incredible content.
@OffTheGridHomesteadCostaRica 2 жыл бұрын
@@mia7065 Also...consider joining our forum for more great tips and connecting with others who want to come to Costa Rica or others who are already here. Everyone in the forum is helpful. Join us today at CreatedForSuccess.com/forum-free
@3rdrockrider814 2 жыл бұрын
Great videos and I love your presentation and energy. My questions are about the medical insurance requirement mentioned in the video. Firstly. The health insurance payment is mandatory? In your opinion is it quality healthcare? Are dental and vision covered? Are there higher quality options..insurance with a private clinic instead of the mandatory insurance? Any guidance is appreciated. Thank you. Please keep making these wonderful videos.
@johnatyoutube 3 жыл бұрын
All this complexity is overwhelming, but I'm sure our taxes and laws are just as confusing to immigrants to the US. Life shouldn't be this complicated. Every bureaucracy ends up collapsing under its own weight. Feels like it's time to rethink these things.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
I think CR makes it WAY more difficult than it needs to be for Foreigners. But, the Pros still outweigh the cons every single day for us.
@louisecyr4645 3 жыл бұрын
Just bring your money’s cause rental a car for 1 month in Easter Holiday cost $2,500 US event if we have rent the car from November to March 23, 2021. Everything is expensive!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Thanks for your input. Where are you renting a car for a month?
@louisecyr4645 3 жыл бұрын
@@OffTheGridHomesteadCostaRica Well known company!
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@louisecyr4645 Thanks...where and who is this well-known company. I"d like to go check them out. I wonder if they are honest or if they are running a scam? I know renting a vehicle is expensive...depending on what you rent.
@louisecyr4645 3 жыл бұрын
@@OffTheGridHomesteadCostaRica Nissan Kashquai 2020. You can check all of them.... From A...Avis.....to....T.....Toyota Rent a car! Quepos, Jaco and San José.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@louisecyr4645 Thanks
@emma-leelawson957 3 жыл бұрын
has this law passed yet???
@OffTheGridHomesteadCostaRica 3 жыл бұрын
We haven't heard anything yet....the gov't wheels in Costa Rica move really slow.
@MichaelBrown-ny3et 3 жыл бұрын
Note to self. Buy a car in Costa Rica.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
YES....or buy a motorcycle. It's a cheap alternative if you are able and not worried about driving a bike.
@rogaineablar5608 3 жыл бұрын
Lame; who would import a vehicle?
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Hey Rogaine, Not sure what you mean by Lame??? People import vehicles because it is very expensive to get a good vehicle in Costa Rica. So, the people that can afford to import a vehicle are smart to do so...Even the Government realizes this is important and that is why the Proposed bill to help Gringos save thousands of dollars when they import a vehicle.
@rogaineablar5608 3 жыл бұрын
@@OffTheGridHomesteadCostaRica OK good to know. Most people I've known in the Diplomatic Corp buy a vehicle when they arrive locally because it's easier. Most buy from departing diplomats.
@OffTheGridHomesteadCostaRica 3 жыл бұрын
@@rogaineablar5608 Costa Rica is a beautiful place...however, they do NOT make hardly anything. They import almost everything the stuff they import is in MOST cases the cheapest quality they can buy....simply because the people in this 3rd world country are too poor to buy quality. So, if you buy anything in Costa Rica...it does NOT last long. So..it is best to buy anything as far as computers, high tech gadgets, vehicles or anything you want quality...buy it and ship it in.
@anthonylafayette4385 3 жыл бұрын
@@OffTheGridHomesteadCostaRica ..Just make sure that if you import a vehicle there are parts (In country) for said vehicle.
@peggysue3403 3 жыл бұрын
I can bring my Mercedes & a 1970 VW Bug convertible 🥰🥰🥰🥰🥰 for free? 😷🤩🤩🥰🚗ya
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Sure...I don't know if you will be able to find parts....
@farawlofarawla3395 3 жыл бұрын
Florida law? Run run as far as you can from this propaganda
@OffTheGridHomesteadCostaRica 3 жыл бұрын
Not sure what you mean by Florida law??? But a lot of propaganda in every country.
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