Costa Rica: Voted the World's Happiest and Best Place to Retire

Coldwell Banker Vesta Group Dominical | 18th January 2024 | Share
Costa Rica: Voted the World's Happiest and Best Place to Retire

Discover the allure of Costa Rica, crowned the best place in the world for retirement three years in a row. Immerse yourself in the happiest nation on Earth, where affordability, safety, and breathtaking landscapes converge, offering retirees a harmonious haven in this Central American paradise.


Costa Rica, located in Central America, has again earned the title of the best country to retire, securing its position for the third consecutive year. This prestigious recognition is attributed to the findings of the 2024 Annual Global Retirement Index compiled by International Living. Known for its mesmerizing landscapes and captivating charm, Costa Rica attracts retirees with its stunning natural beauty and favorable environment.


The Happiest Nation on Earth

Costa Rica is known as the happiest place on Earth because of its beautiful scenery, safety, and low cost. The country has all kinds of natural wonders, like rainforests and beaches, making it a perfect spot for retired people who want a peaceful and pretty place to live.

The ranking “best place to retire in the world” celebrates Costa Rica's charm and talks about its great nature. It says Costa Rica has many different environments, making it perfect for people who love nature and want a peaceful retirement. The fact that it's not too expensive also adds to its appeal, letting people have a good quality of life without spending too much money. Costa Rica is where many elements come together to make it a top choice for a beautiful retirement, including:

  • Affordability
  • Sustainability
  • Accessible Healthcare
  • Overall Happiness


Affordable Living and Financial Appeal

Based on the index's findings, Costa Rica is an enticing destination for retirees. Specifically, the data indicates that a retired couple can maintain a comfortable lifestyle with a monthly budget of $2,000. This amount considers various budget options, allowing retired couples to choose a living arrangement that suits their preferences and financial situation.

Whether one seeks a more modest lifestyle or desires a higher level of comfort, the flexibility in living costs makes Costa Rica an attractive financial prospect for solo retirees. The country's affordability, natural beauty, and favorable climate make it one of the best places to live when retired for those looking to make the most of their post-career years.


Environmental Sustainability and Peaceful Atmosphere

Seán Keenan, editor of International Living, brings attention to Costa Rica's remarkable dedication to environmental sustainability. The country is a shining example by generating over 90 percent of its electricity from renewable sources, showcasing a strong commitment to preserving its stunning natural landscapes. This emphasis on clean energy reflects Costa Rica's deep environmental consciousness and positions it as a global leader in sustainable practices.

Costa Rica's tranquil atmosphere is notable for its unique governance approach. The absence of a standing army distinguishes the country, creating a sense of peace and security. This deliberate decision reflects Costa Rica's commitment to resolving conflicts diplomatically, contributing to an overall atmosphere of harmony. With a blend of environmental stewardship and a dedication to peaceful coexistence, Costa Rica stands out as a beacon of sustainable living and tranquility, showcasing a model that promotes the well-being of the environment and its people.


Accessible and Affordable Healthcare

Costa Rica's healthcare system is known for its excellence and affordability, especially for expats. Comprehensive coverage costing less than $100 per month makes it an attractive option for retirees with varying income levels. The affordability factor ensures that retirees can access quality medical services without putting a strain on their finances, providing a sense of security and well-being during their retirement years.

For retirees planning an extended stay in Costa Rica, there's an additional benefit tied to residency. Long-term residency automatically grants access to the nationalized healthcare system for retired individuals with a monthly income of $1,000 or more. This reflects the country's commitment to the well-being of its residents and serves as a valuable incentive for retirees seeking a destination that combines excellent healthcare services with financial feasibility. The accessibility to health care makes it one of the best countries for US citizens to retire.


Happiness Beyond Affordability

Costa Rica is a haven of happiness beyond its affordability and safety. The nation's joyful atmosphere is rooted in its pristine beaches, diverse ecosystems, and expansive rainforests. These remain some of the best places to visit in Costa Rica. The abundance of wildlife adds a unique charm, making Costa Rica a paradise for nature enthusiasts. This combination of natural wonders has led to the country being recognized as the world's happiest, as the Happy Planet Index indicates. This index considers well-being, life expectancy, and ecological footprint, highlighting Costa Rica's commitment to holistic happiness.

The Happy Planet Index notes that Costa Rica's happiness is not merely economic but deeply connected to the well-being of its people and the environment. The country's emphasis on sustainable practices and preserving its natural treasures contributes to a harmonious way of life. Residents and visitors alike can bask in the positivity from the coexistence of a vibrant ecosystem, affirming Costa Rica's status as a beacon of joy on the global stage.


Consistent Recognition

Costa Rica's consistent recognition as the number one place to live reaffirms its status as a global haven for those seeking a harmonious retirement and unparalleled natural beauty. The country's unique affordability, safety, and breathtaking landscapes make it an ideal destination for retirees worldwide. Contact us to learn more about life in Costa Rica. Visit to see stunning listings throughout this stunning country.

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