Costa Rica is know by its nature, flora, national parks, friendly people and amazing beaches contained in a small country, territory speaking. Most retired people of many countries all over the world are seeking for retiring in quiet but beautiful country who has all basic services. That's why most and most people is picking Costa Rica as the ideal place for retiring.
Here are some types and options for retirement in Costa Rica
You will be able to acquire this status if you can prove you have an income at least of $700 per month of a source like a government pension. The issue about this system is that you'll need to exchange this amount every month via Costa Rica's banking system.
You will be able to retire in Costa Rica by this option if you can prove that you receive minimum $1000 per month from a foreign bank for dividends. The bank must send a letter certifying the amount you receive per month and their value into Costa Rica's currency. Also the bank must renew this letter each 5 years with the respective bank, for national banking system purposes.
By investing in a local business you'll acquire the status of investor. according PROCOMER ( Center for the Promotion of Exports and Investments ) the priority areas of investment in Costa Rica are tourism ( beachfront properties ), leather, ornamental plants, spices, fruits, processed foods and wood products. In top of that you will need to invest at least $50.000 in one of these areas to be considered as a investor. If you rather to invest in an area not listed by the PROCOMER you will have to invest $200.000 as minimum.