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Costa Rica, Panama and Belize welcome retirees

Wednesday, September 5, 2012

Some countries roll out the welcome mat for foreign retirees, offering sometimes significant tax breaks, in-country discounts, and other perks once you’ve qualified for resident retiree status.

Costa Rica was the first country to make a concerted effort to attract foreign retirees with a program of special benefits. Its pensionado program was responsible for bringing tens of thousands of foreign retirees, mostly Americans, to the country in the 1980s and 1990s.

Meanwhile, similar programs have been launched in Panama and Belize.

Source: USnews