Costa Rica Cost of Living Update: Property Taxes- .25% of value of land Property Taxes in New Jersey- One Hundred Million Dollars
Disclaimer: For those of you from New Jersey, kindly grab the defibrillator before reading any further.
One great thing about owning property in Costa Rica is the low property tax. You pay .25% on the value of your property….yes….I said point 25 percent. So if your real estate cost $100,000 you only pay $250 in taxes.
Now restart your heart and consider moving to Costa Rica. You don’t get these kinds of views off Exit 15.
Just wanted to tell you I love your blog! Costa Rica sounds fabulous. I wish I could move there. I would love to move out of the U.S.
Margie
From Texas
Thanks! I love writing it and sharing my stories with others. I have some more funny stories coming up.
I’m considering moving there with my family. School age kids. Would you know of any nice neighborhoods? What do you think?
I think a good place to start is in the Cental Valley. I like to compare it to the Midwest (if you are from America). Close communities, many amenities and schools for the kids. If they will be going to private school, I believe the cost is usually $300 a month (an up).
I preferred living with the Ticos as opposed to closing myself up in gringo communities. The people here are the friendliest, and they really welcome you to their country. I believe your family will make friends quick and really enjoy the difference in cultures.
I would check out Escazu, Atenas, San Ramon, Grecia, Naranja.
I now live at the beach, which is very beautiful but less amenities. But I can tell you , the kids here look like they are having a blast. There is a private school down the street and they are getting into some of the best colleges in the world. Pretty impressive. Especially since they get to surf after school!
If you have any more questions you can email me at puravida@happierthanabillionaire.com.
Pura Vida.
Oh man. That is totally unheard of here in the states. Awesome!
Much more affordable than most areas for sure!!