Why are some of our clients buying properties and/or land in Costa Rica? Of course there's the weather, the views, the wonderful Costa Rican people ... but why are they buying now?
For many people, our current economic conditions are scary.
What if ... we have super inflation when the bailout bills come due?
What if ... our taxes become the majority of our income?
What if ... there's a "one time" tax or fee on our savings and investments?
What if ... there's a "temporary emergency" and temporarily we can't get our money out of savings or stocks?
What if ... we can't afford to retire in the US and life the lifestyle we want to enjoy (or even if we can't afford to live here while we're working)?
Most of our clients certainly aren't ready to permanently leave the United States (though some are) or to cash out all their assets and invest somewhere else. They are ready, however, to take a portion of their assets and invest them outside the U.S. in a county that's established democracy and neutrality, in fixed assets, in a non-leveraged country. It helps even more if that country is close (to Florida, in our case) and a great destination.
For me - it doesn't make sense to invest abroad if you're borrowing money and taking on additional debt. If you have liquidity, though, it may make sense to take SOME of your funds and invest elsewhere.
We work with colleagues who are very familiar with Costa Rica, and who can truly look out for your interests.
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