Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Great ExPat Options Where are they? Costa Rica? Others?
Nov 7 2012 | NLZ

Posted on 11/07/2012 2:10:02 PM PST by NoLibZone

I desire to explore options for relocation away from the US.

Countries to live in.

Transferring funds.

What are some expat Freepers experiences and tips and tricks?

Thank You.


TOPICS:
KEYWORDS: expat; philippines; pi; relocation; retirement; vanity; yesvanity
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-110 next last
To: NoLibZone

200K buys you in to Costa Rica:

INVESTING IN COSTA RICA
THE INVESTOR PROGRAM [Inversionista]

THE INVESTOR PROGRAM [Inversionista]

The Investor Category requires an applicant to demonstrate to the Department of Immigration that they will be coming to Costa Rica to invest in the country. The current Immigration Law maintains the investor category which had existed in previous immigration laws. The category is found in Article 79 (4) of the law.

In the past the law specifically excluded personal investments such as purchase of home, lots or buildings to qualify for this category. Subsequently on August 28, 2009 the Director of Immigration issued Circular UPI-239-2009-LAS which modified the types of investment that could be made to qualify for this category.

That circular states as follows:

“The investment amount must be $200,000 United States dollars or more according to the official exchange rate which is established by the Central Bank of Costa Rica. The investment can be made in tangible property, shares, negotiable instruments, productive projects or projects which are deemed of national interest”

In January of 2011 the government published the proposed regulation to the Immigration law and it adopts the flexibility in this category to be able to qualify with the purchase of “tangible property, shares, negotiable instruments, productive projects or projects which are deemed of national interest”

The door appears to be opening for new investor based applications. As more applications go through the process we will have a better criteria for how they are ruling on these applications.

Also bear in mind that the granting of Inversionista category is a discretionary matter with the Department of Immigration. It requires financial statements audited by a Certified Public Accountant to document the financial investment plan proposed.


21 posted on 11/07/2012 2:27:39 PM PST by NoLibZone ("When the people find they can vote themselves money, that will herald the end of the republic")
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChocChipCookie
"they expect you to arrive with money in the bank and a way to earn a living without being a drain on their country."

Racists!

22 posted on 11/07/2012 2:28:36 PM PST by Paladin2 (.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: WVKayaker

There’s a FReeper (Dang it - I cant remember his handle right now) who lives in the Phillipines. He posts quite often. He has often posted on the advantages and disadvantages.


23 posted on 11/07/2012 2:28:39 PM PST by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Mikey_1962

Doesn’t Texas have to pay the debt of the US?

Have they pulled out?


24 posted on 11/07/2012 2:29:08 PM PST by NoLibZone ("When the people find they can vote themselves money, that will herald the end of the republic")
[ Post Reply | Private Reply | To 8 | View Replies]

To: ChocChipCookie
I have a relative that has a condo in Costa Rica and lived there for about 10 years. He said that many of the ex-pats are moving to Nicaragua because Costa Rica has been ruined by the overly generous tourists.

He moved to northern Thailand a few years ago and said he likes it much better.

25 posted on 11/07/2012 2:29:42 PM PST by oldbrowser
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mikey_1962

I too live on the Alabama coast, but am looking at Panama as an Ex-Pat destination. Visited there a few months ago and liked it very much - much more than Costa Rica. It is relatively cheap, and a lot closer than other choices such as Chile or the Philippines.


26 posted on 11/07/2012 2:30:26 PM PST by Laserman
[ Post Reply | Private Reply | To 8 | View Replies]

To: TheRhinelander

“My top choices are Canada and Germany. Both are doing better economically.”

Still have to get used to the idea that rational health insurance will be dead.


27 posted on 11/07/2012 2:32:08 PM PST by ari-freedom
[ Post Reply | Private Reply | To 15 | View Replies]

To: huckfillary
"Is there any way of renouncing one’s US citizenship but retaining resident alien status or something equivalent?"

Lose your ID. Go to Arizona and announce you're an undocumented worker to a police officer. Preferably a sheriff. That'll probably get you treated like an alien.

28 posted on 11/07/2012 2:32:39 PM PST by DannyTN
[ Post Reply | Private Reply | To 3 | View Replies]

To: Paladin2

“they expect you to arrive with money in the bank and a way to earn a living without being a drain on their country.”

That’s how it should be here!


29 posted on 11/07/2012 2:34:12 PM PST by ari-freedom
[ Post Reply | Private Reply | To 22 | View Replies]

To: NoLibZone

Sounds to me like anyone living in Kalifornia is an ex-patriot.


30 posted on 11/07/2012 2:36:09 PM PST by crusty old prospector
[ Post Reply | Private Reply | To 1 | View Replies]

To: WVKayaker

Are those figures monthly or annually?


31 posted on 11/07/2012 2:37:14 PM PST by Pearls Before Swine
[ Post Reply | Private Reply | To 7 | View Replies]

To: ChocChipCookie

I have a friend that moved to Panama. Says they have an “instant visa” for skilled workers.


32 posted on 11/07/2012 2:37:19 PM PST by Fledermaus (2012: The year the Constitution died.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: WVKayaker

My brother is married to a great lady from Pampanga and he got married there in Cebu.

Apparently, the family he married into is affiliated with one of the most powerful political families there, the Cojuangco so it did not surprise me that the wedding was paid for, with armed guys from the Army to protect us.

I still remember going into Malate for the night life, and my in-law provided 2 armed guards for me. The chicks thought I was some Hollywood actor or something LOL


33 posted on 11/07/2012 2:38:05 PM PST by max americana (Make the world a better place by punching a liberal in the face)
[ Post Reply | Private Reply | To 7 | View Replies]

To: NoLibZone

Bump for later.


34 posted on 11/07/2012 2:38:27 PM PST by wjcsux ("In a time of universal deceit, telling the truth becomes a revolutionary act." - George Orwell)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoLibZone

http://tinyurl.com/avpkzv6

Explore the free info there.

Beware of some So. America places though: most are crime infected and if you are used to the (so far) relative safety of the US it will be a shock.


35 posted on 11/07/2012 2:38:41 PM PST by elpinta (Jer. 10:23 - It really holds true!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoLibZone

As a stranger in a foreign country, you don’t have the rights afforded by the United States Constitution. As a foreigner, you can’t assert them overseas. For the moment, our Contitutional rights remain intact. A coup could break-out at anytime in another country, in which case the rules may be suspended and any protection you may have had under that country’s laws are subject to interpretation by whoever’s in charge. I’ll take my chances here. Besides, I speak the language!


36 posted on 11/07/2012 2:40:58 PM PST by old school
[ Post Reply | Private Reply | To 1 | View Replies]

To: TheRhinelander

“My top choices are Canada”

I;m from kanadastan. You will have to get used to anti-Americanism down there from media to neighbors. If you like paying for national healthcare (it’s mandatory or else the gubmint goes into your bank account), provincial control of your car insurance and beer/liquor, also controlled by the govt. Say goodbye to seeing beer at convenience stores as you will never see them unless you are in Quebec.


37 posted on 11/07/2012 2:41:15 PM PST by max americana (Make the world a better place by punching a liberal in the face)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Pearls Before Swine

Monthly rent for my new place (brand new construction in a gated community near Cebu City, two blocks from the water) will be 6500pesos or about $160 +/- at current exchange rates.

Read the two “Living” sites I gave and get lots more info... and sulit offers the classifieds!


38 posted on 11/07/2012 2:41:53 PM PST by WVKayaker ("Mitt Romney couldn't keep up with lies and spin of Barack Obama" - Sarah Palin 10/24)
[ Post Reply | Private Reply | To 31 | View Replies]

To: TheRhinelander
But I don't just want economic prosperity, I want FREEDOM. Freedom to defend myself, to keep my property, to practice my faith. That rules out both those countries...

...And the US.

39 posted on 11/07/2012 2:42:43 PM PST by Wyrd bi ful ard (Gone Galt, 10/07/12)
[ Post Reply | Private Reply | To 15 | View Replies]

To: WVKayaker

Freeper AlexW moved to the Phils several years ago and lives well on a modest income and has a young wife and child.

Guam is another option as is Costa Rica.

I’ve been in contact with Alex sporadically for a few years and am considering retiring to the Phils myself.

The Philippines are comprised of 7,000 islands and English is spoken by most of the natives.

Alex lives on the beach in a cottage and his rent is $100.00 a month.

Yes, it’s hot and humid most of the time, but it’s inexpensive and the people are friendly.

It is a 3rd world country, so it’s not America, but in a few years, I expect America to be a 3rd world country as well.

One downside is the Philippine Peso has dropped in value against the American Dollar (Thanks, Obama!) but the Phils are still a great value and a single guy can live very well on less than 1k per month.

I’m going to look into Guam as it is a US territory and the cost of living is reasonable, but not as inexpensive as the Phils.

Costa Rica, Ecuador are also other options.


40 posted on 11/07/2012 2:44:08 PM PST by Rodney Dangerfield ("We have boats that carry planes and other boats that go underwater")
[ Post Reply | Private Reply | To 7 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-110 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson