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🇨🇷 Retire in Costa Rica

Everything you need to know about early retirement in Costa Rica — taxes, cost of living, healthcare, visa options, and how to calculate your FIRE number.

Quick Facts

Currency
CRC
Cost of Living
moderate
Index: 45/100
Capital Gains
15% capital gains tax
Top Income Tax
25%

Taxes for Retirees in Costa Rica

Costa Rica has 15% capital gains tax on long-term investments. The income tax system uses progressive brackets with a top rate of 25%. For FIRE retirees living off investment income, the effective tax rate is typically much lower than the top bracket since most withdrawals come from capital gains rather than earned income.

Income Tax Brackets

0 – ₡4,200,0000%
4,200,000 – ₡6,300,00010%
6,300,000 – ₡10,500,00015%
10,500,000 – ₡21,000,00020%
21,000,000+25%

Cost of Living in Costa Rica

Costa Rica has a moderate cost of living with an index of 45 (where New York City = 100). This means your money goes significantly further here compared to major Western cities. Many FIRE retirees find they can live comfortably on much less than they would spend in the US or Europe.

Healthcare in Costa Rica

Public healthcare available for residents (estimated $1,800/year post-retirement).

CCSS public system for residents (~$100/month). Private $100-200/month.

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FAQ: Retiring in Costa Rica

How much money do I need to retire in Costa Rica?

Using the 4% safe withdrawal rate, you need approximately 25x your annual spending. With Costa Rica's moderate cost of living (index 45/100), your FIRE number could be significantly lower compared to retiring in the US. Use our free calculator to get your exact number.

What are the tax implications of retiring in Costa Rica?

Costa Rica has 15% capital gains tax and a top income tax rate of 25%. For FIRE retirees primarily living off investment income, the effective tax rate depends on your withdrawal strategy and account types. Our calculator models this in detail for your specific situation.

Can I get a visa to retire in Costa Rica?

Various residency options available. Visa requirements depend on your nationality, income, and assets. Check the visa details in our calculator for the most up-to-date information.