Costa Rica May Be a Solution For Many of America’s Rich, Too!
Most people think of Costa Rica as a retirement haven for those who want to stretch their pensions and enjoy a high quality of life. However, there is another group of people who are becoming interested in Costa Rica — the wealthy.
I was watching Fox News today and Donald Trump, the real estate mogul and reality TV star, was interviewed at length about Obama’s proposed tax plan that would that would exclude those making over $2,000 yearly. Mr. Trump opposes President Obama’s effort to deny an extension of the Bush era tax cuts for people with income of more than $200,000 a year. “He’s taking away a lot of incentives from a lot of people that produce a lot of taxes,” Trump told Fox News. Trump also stated, “A lot of wealthy people may choose to move outside of the United States because of Obama’s tax policy.”
If the above happens don’t be surprised if a lot wealthy people choose to relocate to Costa Rica. Americans from different walks of life and with different levels of income all fit in here. There is something for everyone regardless of their resources. The wealthy will find the countries tax structure and private corporations very appealing for protecting their assets. There are more Americans living proportionately in Costa Rica than any other country outside of the U.S. They can’t be wrong!