Originally posted by lithedreamer I'm pretty sure it was meant as a joke. In the states, Costa Rica is one of those places that can offer tax breaks to rich people.
Ahhhh, so I see where the confusion comes from. Costa Rica does offer some tax incentives to ANYONE that when retired (not working and living from a pension), at least certain amount on such pension (income) comes from foreign sources. I believe that amount today is around $2,500 and the person is obligated to trade those US Dollars for local currency every month. Tax incentives account for IMPORT DUTIES ONLY, for a single purchase once every 10 years for all household appliances and once every 5 years for a car. There are no property tax incentives, no sales tax incentives and of course, no income tax incentives.
Yo wouldn't believe how many "foreign" smartasses have come here looking for the "Costarican Tax Dream" only to discover that such dream is nothing more than an urban legend fed by Hollywood writers, whose ignorance once painted Brazil (and many other Latin American countries) as the perfect safe haven for every single thief, murderer, scam artist and corrupt polititian on Earth.