Los Suenos, Costa Rica has become the premier destination in the Central Pacific region. Combining the top-rated marina in Costa Rica with quality resort living and amenities, Los Suenos is the epitome of what Pura Vida (pure life) truly is all about.
B. Burns
Building a Dream – The History of Los Suenos, Costa Rica
In 1991, developer William Royster purchased 1,100 acres of land overlooking Herradura Bay that ultimately would become the Resort and Marina at Los Suenos. Like many potential investors and expats, Royster envisioned the economic potential of real estate in Costa Rica.
After six years of planning, construction began in 1997 with the hotel, golf course, and the first of 800 planned residences that opened just before 2000. The Marina was opened to the public in 2001 with the completion of 200 slips and 80 dry units finished in 2003.
Marina at Los Suenos, Costa Rica
Marina at Los Suenos
Marina at Los Suenos
The Marina at Los Suenos – One of a Kind
The Marina at Los Suenos, Costa Rica has become known for its world-class facilities and ready access to some of the best deep sea fishing grounds in the world. The Marina Village commercial center and the 450 residence units make the Marina a must-see destination for hard core sport fishers and tourists alike.
Living and Playing at the Resort at Los Suenos, Costa Rica
Los Suenos provides a lifestyle second to none. Accommodations with stunning ocean, jungle and golf course views, shops, bars and restaurants, and the two acre, three million dollar beach club, take luxury resort living to the next level.
Los Suenos Residences
Los Suenos Natural Tunnel
Championship Golf with a Natural Twist
The 18 hole championship caliber La Iguana Eco Golf Course is a unique blend of sport and nature. Designed by Ted Robinson, Jr. this par 72 course will prove a challenge for beginners and experts alike.
The 6,700 yard course plays into the lush tropical rainforest and back to Herradura Bay. The “gallery” of howler monkeys, sloths, and scarlet macaws transform a round of golf from a game to an adventure.
Los Suenos Golf
Los Suenos Marriott Ocean & Golf Resort – Luxury and Relaxation
Opened in 1999 with 191 rooms and 10 suites, this fully-appointed luxury hotel is a central part of the Los Suenos Costa Rica resort experience. The top shelf amenities, including the casino, bars, and the Sibo Rainforest Spa and Retreat are available to all resort guests.
The Marriott Resort
Experience Costa Rica at Los Suenos Resort
There are numerous tours and adventures that can be arranged from the resort to satisfy every taste. For those who hear the call of the sea, there are many deep sea fishing charters and whale watching tours (in season) available at the Marina that can give you the chance to hook “the big one.”
If nature and birdwatching is your cup of tea, tours of the nearby Carara National Park and Manuel Antonio National Park are just a short car ride away. To get up close and personal, the Mangrove Monkey Tour will let you visit the playful whiteface monkeys on their turf and terms.
Mangrove Monkey Tour
Partying at the Beach
Jaco, Costa Rica, long a favorite spot for surfers and beach lovers is just a 10 minute drive from Los Suenos, Costa Rica. This funky beach town is truly a blend of “Key West meets Pura Vida” with bars, restaurants, gift shops, stores, and great places to people watch.
Playa Hermosa, roughly five minutes from Jaco, hosts surfing competitions almost every weekend. For something different, this is a great place to watch the competitors “hang ten” while sipping your favorite beverage at one of the many bars along the beach.
Getting There Is Easier Than Ever
In 2010 the long awaited National Highway CR-27, known as the Carretera Prospero Fernandez from San Jose to Caldera opened, reducing the drive from San Jose to Los Suenos to a very manageable one hour. Taxis, shuttles, limos, and rental cars provide a variety of options to transport you to this luxurious tropical oasis.
Los Suenos-Herradura Bay
Renting, Buying and Living in Los Suenos, Costa Rica
Los Suenos, Costa Rica and the surrounding area has many options for investors or expats who are looking to buy or rent a piece of tropical paradise. The Resort proper is a gated community that does have a constant flow of hotel guests and day trippers coming to the marina, to play golf, or to enjoy the many options that are available.
Most of the residential units at the resort or in the immediate vicinity start in the $150,000 range but can go into the millions. While much of the area is developed, there are still lots available near the resort proper and in the surrounding communities.
What Does It Cost to Live in Los Suenos, Costa Rica?
The cost of living in the Los Suenos, Costa Rica area largely depends on how upscale you wish to go. Rentals can average from $350 to $1,115 per month depending on number of bedrooms and proximity to central locations. On the resort property itself, rents routinely run between $2,000 to $3,000 per month.
Utilities (electric, water, internet, telephone, cable) can be as low as $49 per month to as much as $350 per month. Again, this depends on your usage (think running a/c constantly) and choice of packages.
There are some items, such as computers or other high-end electronics that aren’t as easy to come by in Costa Rica. However the greater San Jose area has many “Americanized” stores, such as Walmart, that are only an hour away.
Buying a Residence in Los Suenos, Costa Rica
The residential units in the Los Suenos resort proper are condominiums and are generally priced per square meter. Prices routinely run in the $400,000 range although prices but can go much higher depending on number of bedrooms, furnishings, and size.
The units are part of individual gated communities that share the common roadways with the Marriott Hotel and Resort. There is ample security and landscaping throughout the property
Los Suenos May Not Fit Everyone’s Tropical Dream
For all of its features, Los Suenos may not fit the ideal of your rustic tropical escape. With its modern amenities, Los Suenos is definitely mainstream Central America and not a secluded paradise.
For the budget conscious, Los Suenos is definitely a more expensive option than other areas of Costa Rica.
Many people enjoy the “resort experience” and Los Suenos and the Marriott certainly deliver it. However, if the allure of a small Costa Rican village or town is what you desire, Los Suenos is probably not for you.
Lastly, Los Suenos is a gated community. For those seeking to immerse themselves in local lifestyle and culture, this atmosphere may seem constricting.
What Does an Expat Need to Know About Living in Costa Rica?
Whether you are retiring, investing, or deciding to see what Costa Rica has to offer, there are some basics that every expat needs to keep in mind. First, and foremost, things move more casually here than in the U.S.; the phrase “tico time” is important to remember when making any schedules.
Unless you are planning on applying for residency under one of the categories, you will be required to leave Costa Rica every ninety days for at least 24 hours. Keep that timeframe in mind as you pursue your tropical dream.
Learning the language, while not essential, is something every expat should try and accomplish. Being able to understand what is being said on a daily basis will make your Pura Vida experience that much more enjoyable.
Los Suenos, Costa Rica – A Model Investment
The success of the Los Suenos Resort and Marina complex is a prime example of the potential of real estate investment in Costa Rica and Central America as a whole. The undeveloped land that William Royster purchased in 1991 has increased in value many times over and will continue to do so into the future.
The key to succeeding in this kind of venture is to develop a cohesive plan and partner with individuals who have both the knowledge and expertise to bring those plans to fruition. Identifying the paths to progress, such as finding the location best suited to enhance the project, is crucial to making your concept the success you envision.
A True Return on Investment
The increase in property values in Costa Rica has soared over time. A recent listing for a 200 hectare (494 acres) parcel with views of the bay at Los Suenos had a sale price of $13,000,000. If Royster were trying to purchase his 1100 undeveloped acres today, it would cost just under $30,000,000 dollars.
This kind of investment potential, along with the many other attractive features of Costa Rica (business friendly environment, low taxes, good infrastructure) cannot be ignored. If the prospect of owning and developing your own piece of “pura vida” is exciting, there’s no time like the present to begin your search.
Building Your Own Investment Plan
William Royster discovered the location for what would ultimately become the Resort at Los Suenos, Costa Rica while sailing the Pacific. The lesson here is to explore areas that appeal to you and see if there is one where you can envision your project coming to life.
Deciding what kind of investment you want to make is just as important as the location. Are you thinking of building a Costa Rican hideaway, a small development, or a major commercial enterprise? Framing your intentions is an essential step in bringing your plan to life.
Doing your research also means establishing a realistic budget and time frame. Rome wasn’t built in a day and making your Costa Rican dream a reality should be a long-term goal rather than a short-term sprint.
So When Is the Best Time to Build Your Dream?
Costa Rica continues to be a prime location for expats, investors, tourists, and business. So when is the best time to build your Pura Vida dream? The answer is simple: Now!!
Map of Los Suenos, Costa Rica
Los Suenos, Costa Rica Fast Facts
- Population: Approximately 10,000 when including local villages
- Typical temperature: average maximum temperature is 32℃ / 90℉
- Nearest airport with U.S. flights: San Jose, Costa Rica
- Nearest U.S. consulate: San Jose, Costa Rica
What makes a destination a great place to live? Is it the place with the most pleasant surroundings? The lowest cost of living? Or even the healthiest and happiest people?
In compiling my list of the best places to live in the world, I took into consideration all of those factors. Plus some others I’ll mention as we go. And the common denominator among all ten of my top destinations is that they’re all in Latin America.
liveandinvest
Why? Because the countries just south of the U.S. border have so much to offer in terms of natural beauty, authentic culture, unrivaled quality of life, and a heck of a lot of bang for your buck.
That’s why these ten best places to live in the world are becoming home to an increasing number of North American expats each year. Because when it comes down to choosing a place to actually settle down and dive into the local culture and become a part of the expat community, you just can’t beat these ten destinations.
Boquete, Panama
Panama consistently ranks among the top retirement destinations in the world, taking top billing again in 2014. And Boquete is its crown jewel, claiming more North American expats than anywhere else in the country, with the exception of the capital of Panama City.
Yet even with its status as a top expat hotspot, it still maintains a small-town feel, due in part to its quaint mountain setting and friendly locals. It’s also home to pretty much any type of business or service you could ever need, thanks to a long-standing expat presence.
Surrounding Boquete are cloud forests, coffee farms, rivers, and numerous other natural landscapes that offer a wealth of activities for the adventurous expat. The area enjoys spring-like temperatures all year, with frequent showers that produce almost daily rainbows.
The cost of living is low, although it’s slowly climbing as more and more expats settle in the area. With fantastic infrastructure and a lot of modern developments, it’s still a great value. Panama is also a favorite destination due to its attractive retirement program benefits for those who qualify.
Cuenca, Ecuador
Cuenca is another mountain town with a large expat community, and for good reason. It’s known for its rich culture, which includes its colonial architecture and a lively art and music scene.
Ecuador also boasts one of the lowest costs of living in the Americas. You can plan to spend less on everything from fresh produce to a renovated condo in the bustling downtown area.
Cuenca is home to a number of universities, making it a hub for international students. It’s also a great, safe place for families with its excellent education and health care options.
There are also plenty of great restaurants, bars, shopping centers, and all of the other creature comforts you’d expect to find in a metropolitan city. Yet it enjoys the same slow pace of life you’ll find throughout Latin America. It’s the best of both worlds.
Though it’s recognized for the terra cotta roofs and blue church domes that dots its city skyline, the area around Cuenca is equally breathtaking. It sits at the convergence of four rivers and is surrounded by mountains, offering plenty of opportunities for outdoor adventure.
Tierra Magica
Nosara, Costa Rica
Nosara is the perfect example of what happens when a city is founded with a plan and the residents remain committed to that vision for decades running. Once used for grazing cattle, the land in and around Nosara has been developed very intentionally, and the results are really remarkable.
No high rise condos block your view of the beautiful sunsets on Nosara’s pristine beaches. Numerous conservation efforts and organizations work to maintain the area’s natural surroundings.
Nosara is known for its surfing, yoga, and healthy lifestyle options. It’s also a great place for families. It’s safe and has several really good schools.
And Costa Rica’s laid-back lifestyle easily adds to the reasons Nosara is one of the best places to live in the world. The locals are incredibly welcoming, greeting residents and visitors alike with the phrase “pura vida” (pure life) that’s become a motto of sorts for the country.
Nosara has a good-sized expat community, as well as the established infrastructure and development you’d expect from such a world-class destination.
Steve D.
Roatan, Honduras
The largest of the Bay Islands, Roatan is a great choice if island living is what you’re after. With plenty of development and consumer options, as well as an airport with direct flights from the U.S., there’s little need to ever leave the island.
There you can enjoy every imaginable aquatic adventure. From sailing to sport fishing to kayaking through the mangroves, it’s all possible in Roatan. Just off the coast you’ll also find access to the world’s second largest reef system, which makes for some incredible snorkeling and scuba diving.
Because it hasn’t quite yet reached the popularity of some of its Latin island counterparts, Roatan is still a bit more affordable. However with its growing tourism industry, including frequent visits from cruise ship passengers, Roatan’s appeal is being discovered by more and more would-be expats each year.
Despite its growing population Roatan still offers some off-the-beaten path areas that offer plenty of solitude, including a few villages that still don’t have electricity.
VivaTropical
Boca Chica, Panama
Another Panama destination has made the list, thanks to its attractive retirement benefits and amazing investment opportunities. Boca Chica is an island destination that’s still relatively unknown but has the potential for tremendous growth in the coming years.
Located in the Gulf of Chiriqui, it consists of a mainland city and an archipelago of over 50 islands, many of which are completely uninhabited. Residents of Boca Chica can spend their days exploring otherworldly islands covered in rainforests, mangroves, and even white sand beaches.
And because of its convenient location, those same adventurous expats can then take a quick shower and drive 45 minutes to enjoy a first-rate steak dinner in a world-class restaurant in the nearby city of David.
It’s this strategic location, combined with a whole host of ongoing infrastructure improvements, that makes Boca Chica real estate such a great investment.
An airport expansion that’s now bringing in direct international flights is among one of the biggest value-adds the area has seen. Folks can now fly in to David from anywhere in the world and find themselves in Boca Chica in under an hour.
P. Schenll
Granada, Nicaragua
Granada is another colonial city that’s absolutely brimming with culture and charm. Horse-drawn carriages still dot the cobblestone streets. If it weren’t for the freshly-painted tropical colors on the historic buildings, you might think you’d stepped back in time.
Well, that and the modern amenities available in the city, a stark contrast from the wilderness that occupies most of the rest of the country. In what’s a mostly underdeveloped country, Granada offers things like reliable utilities, four-star restaurants, and state-of-the-art fitness centers.
It’s located on Lake Nicaragua, one of the largest freshwater lakes in the world. It’s also surrounded by several volcanoes, so plenty of opportunities for exploration abound.
Granada is a town that fought its way back from near demise due to bankruptcy and other issues, but you’d never know it today. Instead, modern-day Granada is abuzz with construction projects and up-and-coming developments.
Granada real estate is extremely affordable, as is the cost of living in the country. It’s home to a number of expats, many of whom are involved in humanitarian efforts in the surrounding impoverished areas.
Ambergris Caye, Belize
If you want to feel like you’re on vacation 24/7 then look no further than the island of Ambergris Caye. Due to its status as a tourist mecca, it’s ripe with all kinds of activities and attractions.
There are surf shops and scuba schools, beach-side restaurants and bars, and plenty of flip flops and floral shirts. In fact, most of the island’s inhabitants are foreigners, particularly those who operate enterprises geared towards other expats and visitors.
The large expat community isn’t the only thing that makes Ambergris Caye feel familiar. Because Belize was originally a British colony, it’s the only Central American nation whose residents rely on the British legal system and speak English as their official language.
Among the biggest perks of the island are that it’s an ocean lover’s dream. Thanks to its proximity to the Belize Barrier Reef, the second largest in the world, it’s the perfect place to enjoy scuba diving, sailing, and sport fishing. You can also explore the more than 450 other islands that lie off the coast.
Antigua, Guatemala
If you’re looking for a place that’s a little less popular among expats and tourists, then you should definitely check out Antigua. It’s a well-preserved colonial city nestled in between some amazing mountains and volcanoes, which make for an impressive skyline.
Because it’s not as highly sought after as some of the other destinations on the list, the cost of living in Antigua is probably a little less than in some of its Latin competitors. Real estate is a great bargain, as are essentials like fresh fruits and veggies and utilities.
With the low cost of living, it’s also possible to splurge on luxuries such as domestic help, which at only $2 or $3 per hour is something many expats are thrilled to find that they can afford when they relocate to the tropics.
In addition to the mountainscapes, Antigua is also decorated with beautiful flora and fauna, as well as the cobblestone streets and other charming touches you’d expect in an ancient destination.
Equipped with just the right amount of infrastructure, Antigua is also known for its Spanish language schools.
Phil
Placencia, Belize
If you like Belize but aren’t crazy about the gringo-saturated island culture then the mainland city of Placencia is another place worth the title of best places to live in the world. If the islands are like living on a resort, then Placencia is like relaxing on a postcard.
The beaches are wider, whiter, and less crowded than in places like Ambergris Caye. There are still plenty of activities to enjoy, but there are also more places to spread out or even find a secluded spot all to yourself.
There’s also a more authentic Caribbean vibe on the mainland, which many expats prefer. It has an even more laid-back atmosphere (if that’s possible), with not even so much as a paved road anywhere in town.
As opposed to the expat-run businesses on the island, the locals are very involved in commerce in Placencia. They even offer guided diving and fishing excursions to visiting foreigners.
Plus, since Placencia is on the mainland, it’s also close to a number of activities suited for the land lover, like jungle exploration and archaeological sites.
Alex Torres
Lake Chapala, Mexico
Understandably Mexico is home to more U.S. expats than any other country. And, other than the border town of Tijuana, the majority of those live in the Lake Chapala area. So suffice it to say that 40,000 U.S. expats would agree that this city is one of the best places to live in the world.
Mexico’s largest freshwater lake, Chapala was once planned as a luxury resort town. It serves as a weekend getaway for locals from Guadalajara and has attracted expats for decades, including Tennessee Williams who chose it as the site from which to write A Streetcar Named Desire.
In addition to the beauty of the lake and surrounding mountains, Lake Chapala offers an ideal climate year-round. It’s also famous for its mariachi music.
Which of the best places to live in the world is right for you?
So if stunning scenery and adrenaline-pumping adventure are your thing, there’s a place on this list that’s right for you. If sustainable living and a relaxed vibe are what you’re into, there’s a destination where you can find those as well.
I’ve done the hard part by laying out the ten best places to live in the world. Now all you have to do is narrow it down.
Viva Tropical Radio
Author Jonathon Weisberger joins the show to discuss his experience living and helping the Secoya people. What happens to culture, life, and spirituality when they develop within the jungle away from modern life.
Jonathon discusses what he learned and why he continues to work with the Secoya elders. He also talks about how others can experience their sacred Ayahuasca/Yage ceremonies.
Listen and enjoy an amazing opportunity to get a glimpse into another world.
In this episode, we discuss:
- Why Yage/Ayahuasca ceremonies are growing in popularity in North America.
- How the Secoya developed their own spiritual science over thousands of years.
- What it is like to have the jungle as your home.
And much more.
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The Show Notes
Jonathon Weisberger’s Book
- Check out Jonathon’s lodge
- Read Jonathon’s book
Debbie Fishell knows what it’s like to travel internationally, take up a new residence abroad and invest in offshore real estate.
She recently sat down with Viva Tropical to chat about why now is the right time to move, invest, play, and “escape” to Puerto Armuelles, Panama, probably one of Panama’s most hidden up-and-coming investment hotspots.
Debbie Fishell
Why does Puerto Armuelles make a good place to invest?
Beautiful beaches! Puerto Armuelles is the second largest city in the Chiriqui province, with about 22k residents, and the only city on the Pacific side of Panama that is actually right on the beach.
Beachfront property is still affordable in this area, but don’t expect it to stay that way as more people hear about Puerto. I’ve seen beautiful Panama Real Estate beachfront lots here for $35k!
Puerto was a bustling town in the 1950’s when Chiquita Banana operated here, providing many jobs and building infrastructure. The banana company pulled out about eight years ago, leaving most of the town’s people unemployed, which is currently evident in the many homes and structures that are in disrepair. Many of these buildings can be purchased for a very low price and rehabbed for re-sale. I have seen older homes as low as $15k! Negotiations have been ongoing and, it looks like Chiquita will soon be up and running in Puerto Armuelles again.
A few miles south of town is a company called Petro Terminal Panama (PTP). The PTP facility has the capacity to pump over 850,000 barrels of crude oil per day through the pipeline from the Pacific shore to the Caribbean shore. There is currently a plan by American Occidental and Quatar Petroleum to build a multimillion dollar refinery close to the existing PTP facility, which could potentially bring millions of dollars into the local economy and become one of the area’s main employers.
There is also talk of a new Deep Container Port just outside of Puerto Armuelles. This future port would have 217 storage facilities, a deep-water container area, cruise ship landing, and a marina with a dry dock.
In addition Puerto Armuelles was designated a Free Trade Zone in 2001 (Baru Free Zone) for business and commerce, to make the area more attractive to private capital investors. There are currently numerous incentives to establish businesses in the area. Baru is the second largest free trade zone, after Colon, in the entire country.
Major highways are being built, a new large-scale cement plant is almost completed, the new and proposed businesses I mentioned above, all mean thousands of jobs and opportunities are being created for locals and foreigners. These people are going to need places to live and local business to help support their needs. Business opportunities abound!
Debbie Fishell
Are expats living there?
It’s tough to pin down exact numbers. Informal estimates are that there are about 400 expats living in the area. Most of these are concentrated at the beach or in Las Palmas, a neighborhood that was once the gated community for the Chiquita Banana Company executives.
There are about 45 homes in Las Palmas and I’ve been told that about 40% of those are owned by expats. There is an active Yahoo group where expats post questions and there are occasional gatherings. Right now there is a group working together to restore the old community swimming pool in Las Palmas, which is scheduled to open in December 2014. There is also a tennis court in the neighborhood!
Debbie Fishell
What are the main attractions to the area?
There are currently only a couple of very small hotels and decent restaurants (entrepreneurs: hint-hint) in Puerto Armuelles. There are numerous opportunities to attract visitors however. The beaches are fabulous and there are no crowds there, for now. Swimming, surfing, and canoe paddling are perfect sports for Puerto’s beaches.
Fishing offshore is some of the best in the world – yes, I said world! Chiriquí Bay has been featured in international fishing magazines for the amazing sport fishing here. There are a couple of fishing lodges in the area that cater to fishermen. The bird watching in the area is amazing! I have about 50 Amazon parrots and numerous other birds, that come by my house daily. Hiking and horseback riding offer great ways to see the beautiful, tropical countryside and exotic wildlife.
All of the amenities a person needs are here. There are supermarkets, hair salons, retail stores, gas stations, a hospital, and several banks. There is even an alternative medical clinic! Puerto is only about a half hour drive to Costa Rica and one hour to David, the second largest city in Panama. The best part of Puerto is the sense of community here. Everyone smiles and says “hola” or “buenos” when they pass. It is a town known for being “tranquilo” – no stress!
Debbie Fishell
Are there any major infrastructure changes underway or coming?
The road from the PanAmerican Highway (Paso Canoas) has been under construction to expand it to a four-lane road and is nearing completion. President Varela recently signed an agreement to improve the road going out to the beach community of Limones, south of Puerto and heading towards PTP.
New water and sewer pipes are being installed soon; we’ve see the surveyors out marking the streets recently. There is also a new, very large, commercial cement plant that is almost completed on the road coming into Puerto. A new hospital expansion is also underway.
Who would enjoy living in Puerto Armuelles?
Puerto Armuelles is a great place to live if you are an entrepreneur and have the vision to help create businesses as they are needed or build and/or rehab homes to sell to the new residents who are coming. I believe there are many opportunities available for the foreseeable future.
Puerto is also a perfect destination for anyone who wants to truly immerse themselves in the Panamanian culture; very few locals speak English here but they are genuinely friendly and eager to help you. The beaches are beautiful, with amazing fishing and even good surf sometimes.
There are fertile nearby “fincas” (farms) for sale on the outskirts of the town for very low prices. I recently looked at a one-acre farm with a house, fruit trees and gardens, water, and three new cement pig pens for $29K. These can easily be set up as a self-sufficient homestead for anyone who desires quiet seclusion or a perfect “bug out” location.
Is it a problem buying property so close to the Costa Rican border?
I wouldn’t call it an issue, but I would recommend using an attorney that is knowledgeable about real estate law here, or anywhere in Panama for that matter.
There are laws regarding how title can be held within a certain distance from beaches and the Costa Rican border. In Panama, real estate is typically Titled (able to get title insurance) or what is call R.O.P. (Right of Possession) property.
There are pros and cons to buying ROP real estate, so it should be investigated thoroughly before purchasing to see if it fits your expectations. Some of the ROP properties, which are generally near beaches and borders, can be a safe investment and many can be titled for a fee. Personally, I bought property that I could get a clear title on.
Learn more about Debbie, through her postings on Escape Artist.
Golfito, Costa Rica, in the rapidly growing Southern Zone, promises to be an area where undiscovered opportunities await both expats and investors. Golfito’s future and potential hold a promise far different from the days when it was a “company town” known as “Banana City”.
Golfito at Sunset
Costa Rica has become known for the many diverse lifestyle choices and living options available. From high-end luxury resorts to rustic rain forest lots, expats and investors have a vast selection to consider for the perfect location of their tropical paradise.
Often referred to as the “final frontier” in Costa Rica, life in Golfito is undergoing a transformation. With a new infusion of investment dollars and development, Golfito, Costa Rica is poised to be a major expat hub both for visiting and long-term investors.
The Colorful History of Golfito
The Southern Zone and the area in and around the Osa Peninsula and Drake Bay have played an often overlooked role in the country’s growth. Golfito is an essential part of this story. Golfito’s history is intertwined with that of Costa Rica.
Home to the indigenous Boruca people, it was here in 1519 that Spaniards entered from Panama to begin the conquest of the country. During the Colonial era, Golfito was a quiet fishing village and remained so until late in the 19th century.
An American exporter, Minor Keith, formed United Fruit Company in 1899. Keith had a special relationship with Costa Rica having married the daughter of the former president, Jose Maria Castro.
United Fruit Company (later United Brands) had established a strong presence in Costa Rica and, in 1938, moved its headquarters and banana export operations to Golfito. The closeness to Panama’s banana plantations and the natural harbor made Golfito a logical and profitable choice.
Golfito
A Color-Coded Community
In order to house the thousands of workers who poured into Golfito, United Fruit constructed a classic “company town” similar to those found in the United States at the same time.
Stores, schools, even a hospital were built for the workers and run by United Fruit. Even municipal services, such as water, electricity and other utilities were provided for. The three sections of Golfito were actually identifiable by the color of the homes and structures.
The Zona Americana was known as the “white zone”. It was here that the professionals and senior executives lived in well appointed homes, built in the British Colonial style, with walls painted white. The best amenities in Golfito were found here.
Zona Amarilla, or Yellow Zone, was home to middle management, foremen and supervisors. The yellow walls and tropical designs, while not as luxurious as those in the white zone, were still comfortable and well made. Access to both white and yellow zones was strictly controlled by guardhouses and security.
Zona Gris, the Gray Zone, was home to the plantation laborers and dock workers. The gray coloring of the small, cramped structures seemed quite appropriate given the dramatic difference between these homes and those of the other two zones. The gray zone had far fewer amenities beyond the basic necessities needed for living and the crowded conditions frequently made for unrest between workers and management.
End of One Era, Beginning of Another
The years of prosperity in Golfito came to an abrupt end in 1985. Labor unrest and rising export taxes caused United Fruit to close its banana operation and leave Golfito.
The resulting upheaval left Golfito in a state of poverty and general collapse. After five years of decline and decay, the Costa Rican government decided to try and reinvigorate the area by establishing the Deposito Libre Comercial de Golfito (Duty Free Zone) to attract shoppers and visitors from other parts of the country.
The large collection of stores offers electronics, appliances, and house wares at much lower prices than elsewhere in Costa Rica. This marked the gradual start of Golfito’s rebirth as a vibrant community filled with untapped potential.
Golfito, Costa Rica – Moving Ahead in the 21st Century
Golfito’s revival from the collapse of the banana import business is a great model for potential investors and expats seeking an exciting challenge. The start made by the Costa Rican government has opened the door for other projects and a different prospective on Golfito’s future growth. Building on this beginning, the region has the opportunity to flourish once more
Getting There by Land, Sea or Air
The completion of the Caldera Pacific Highway in 2010 has opened the Southern Pacific zone to a new group of expats and adventures seeking to follow the road less traveled. There are a variety of ways to access the Golfo Dulce region.
Regional airlines Sansa and Nature Air fly regularly scheduled flights to and from San Jose to Golfito Airport. Once there, bus service and rental cars make an easy access to Pavones, a popular surfing location. Bus service from San Jose and other parts of Costa Rica has become more accessible with the opening of the new highway.
Rental cars are also readily available; selecting a 4×4 wheel drive vehicle is highly recommended. For visitors to the Corcovado National Park on the Osa Peninsula, a ferry from Puerto Jimenez runs twice daily to Golfito.
Cruise Lines Discover Golfito and Add Ocean Access
One of the major enhancements to Golfito is that cruise lines have now added this location as a stop for unique, one-of-a-kind experiences. Major lines such as Paul Gaugin, Windstar, and Azamara Club Cruises now make Golfito a port of call and add access by sea to the ways to visit this former banana exporting center.
Scarlet Macaw
Golfito As an Eco-Tourism Hub
As the largest town in the Golfo Dulce region, Golfito has become a jumping off point for individuals seeking to explore Costa Rica’s rich biodiversity in a more primal setting.
The Corcovado National Park on the Osa Peninsula is a short ferry ride from Golfito’s docks. As the habitat conserving the largest primary forest on the Pacific coastline, Corcovado also has one of the remaining sizable stands of lowland tropical rainforest. National Geographic magazine refers to Corcovado as “ the most biologically intense place on Earth in terms of biodiversity”.
North of the town, the Piedras Blancas National Park has seen the establishment of a number of Eco-lodges. These rustic camps provide the ideal environment for those seeking to get up close and personal with the natural setting around them.
Surfing and Sport Fishing Continue to Thrive
The area in and around Golfito has long been known for its aquatic offerings. World-class sport fishing and surfing beckon followers of both sports to the Southern zone to try their hands against the elements.
Pavone and Zancudo are two of the most prominent surf breaks in Costa Rica and are only a short bus ride from the Golfito airport. Pavones has the second-longest left hand surf break in the world and is a must for any hardcore seeker of that “endless summer”.
With numerous fishing charters available, avid deep sea anglers visit the area in search of landing “the big one”. Marlin (Blue and Black), Yellowfin Tuna, Sailfish and Dorado all can be found in around the Golfo Dulce and Drake Bay areas in season.
Location, Location, Location
Golfito’s proximity to Panama provides a potential market as tourism and development begin to grow in the region. Much like Golfito’s early days when the Spanish migrated from Panama and began to colonize the land of Pura Vida, a new wave of visitors and investors from the South may bring a new wave of economic growth to the region.
Golfito’s Marina Project – Progress and Growth a Decade in the Making
Since the early 1990s, plans for a new and vibrant marina at Golfito had been in the works. In 2010, an order from CIMAT, the regulatory body for all marinas in Costa Rica, to the Golfito Municipality withdrawing all permits appeared to doom the project.
The key concern was the environmental impact to this important ecological area. However, a new group, Hacienda El Dorado, presented a revamped proposal on November 21, 2013.
With a proven track record of successful developments in Costa Rica, approval was granted and, on June 28, 2014, ground was finally broken for the new marina and village. This ambitious project will, in many ways, resemble other high end properties such as Los Suenos Marina.
When completed, the Marina will have 130 slips, including those suitable for super yachts and a special section for private super yachts. Access for cruise ships is also planned.
The luxury accommodations will include bungalows, guest residences and villas. All properties will be furnished with the kind of amenities that one would expect from a world class resort community.
Importantly, this ambitious design also includes the infrastructure of Golfito itself. Plans call for a renovation of the main street that connects Golfito to the regional airport, a new central city plaza, artisans and craft boutiques, a museum and other tourist friendly services and businesses.
Some Things to Consider About Moving to Golfito, Costa Rica
Golfito is definitely an “adventure camp” type of town with lots of potential but very rustic in setting and infrastructure. Those seeking a more modernized setting probably would not find this the most desirable location in Costa Rica.
There is an abundance of “fixer-upper” type properties in what remains of the old company town. However the infrastructure issues could make any serious rehabbing work difficult and expensive.
Aside from the Duty Free Zone, there isn’t much in the way of shopping and entertainment options in terms of grocery stores, restaurants, etc. While this adds an element of primitive charm, not having ready access to the same variety of commercial establishments as more developed areas could make living here a challenge.
While the property values remain lower than other parts of Costa Rica, the anticipated growth from the Marina and other projects may soon cause a rise in prices. This is a great time for investors; expats with budget constraints should look carefully before committing their resources on a long term project.
In a real sense, the revitalization of Golfito’s life as a port city and destination will also bring a renewed sense of growth to the region. With this kind of economic commitment, Golfito can look forward to a bright and prosperous future.
Many expats and investors are looking at Latin America with renewed interest as the potential for finding available land at reasonable prices has returned. Finding different and exciting options, like the Ecuador Islands, can provide unique opportunities to truly build a custom-made paradise.
Michel Isabela Blue Beach
While there are not many, the Ecuador Islands offer potential for those seeking to walk the proverbial less-traveled road. Finding one of these Pacific jewels can be a rewarding and exciting task.
Where to Find Island Properties in Ecuador
Isla Puna Palms
Ecuador does have a number of island properties available. While there are some that have been developed to varying degrees, many are still untouched, waiting for the right buyer to expand and grow the potential that is waiting there. Below are several island locations that expats or investors may wish to explore.
Puna Island, just a three hour ferry ride from Guayaquil, is a prime example of the potential of island property in Ecuador. Although only having modest development and infrastructure, Puna’s location makes it prime territory for a variety of investment projects ranging from eco-lodges, resort development, and residential building.
It can be anticipated that the revived market will spur interest by developers looking at the offshore potential of Ecuador Islands. Better infrastructure and increased efforts will enhance the region as a desirable “landing spot” for visitors and expats alike.
In the Footsteps of Darwin – The Galapagos Archipelago
New government rules have now made it possible to purchase island property in the Galapagos Archipelago. Up to 3% of the 60 islands in the archipelago are available for private ownership. Of the 60, there are 18 major islands with a total population of between 25,000 and 40,000.
The archipelago does have two small airports. Baltra (also known as South Seymour) has the major airfield; all private planes flying to the archipelago must land there as it is the only one with overnight facilities. However both Baltra’s airport and a newer one built on San Cristobal, home of the archipelago’s capital, receive flights from the continent.
Isla Isabella, geologically the youngest island of the Galapagos, has a village, Puerto Villamil, which is the third largest settlement in the island complex. With infrastructure improvement during the last few years, the available undeveloped acreage is becoming a desirable location for growth potential.
Buying Real Estate in Ecuador Is Much Different Than in the U.S., Canada or Europe
The real estate market in Ecuador is vastly different than its counterparts in North America or Europe. To begin with, there are no licensing requirements for real estate agents; as a result care should be taken as to selecting someone to represent your interests. Word of mouth from other expats and online communities are good places to begin the research.
A second major difference is that, like most of Central America, there is no multi-list system. It is possible to see the same property listed several places for different prices. Again, the time honored warning “caveat emptor” (let the buyer beware) should be taken to heart.
Foreigners have the same property rights as native Ecuadorians; in fact, residency is not a requirement to property ownership. The only restrictions are those pertaining to the National Security Areas within 50km of the borders or coastline; again an experienced real estate attorney can provide the correct information.
Keep in mind that all transactions will be done in Spanish. If you are not fluent in the language, it is strongly recommended that all documents be translated into English (or whatever your native tongue might be) so that all details are clear.
What Will It Cost?
Cash transactions are the preferred method of buying and selling real estate in Ecuador as in most of Central America. An all-cash transaction can result in substantial savings off the asking price; often as much as 30-40%.
It is possible to purchase with a mortgage requiring a substantial down payment with the rest deferred over a period running between 1 and 7 years. Finding a bank that will work with foreigners, while not difficult, can be a challenge.
Closing Fees and Costs
Most closing costs are borne by the buyer and are based on a percentage of the sale price. The chart below provides an idea of the typical fees involved and the percentage range for each:
| Sample Ecuador Real Estate Transaction Costs | Amount | Who Pays |
| Transfer Tax | 1.00% | buyer |
| Provincial Transfer Tax | 0.11% | buyer |
| Notary Fee | 0.10% | buyer |
| Legal Fees | 1.00%-3.00% | buyer |
| Agent’s Fee | 4.00%-6.00% | buyer |
| Costs paid by buyer | 2.22%-4.22% | buyer |
| Costs paid by seller | 4.00%=6.00% | seller |
| Total Transaction Costs | 6.22%-10.22% |
(source: Global Property Guide)
Is Island Ownership for You – Some Things to Consider
Buying an island may seem, at first blush, to be a romantic and exciting choice to make for an expat getaway. It is important, however, to consider a number of factors before deciding that island life is the path to follow.
What Is the Long-Term Goal?
There is a vast difference in buying property, island or otherwise, for a personal residence as opposed to an investment opportunity. Deciding exactly what the “big picture” truly is can often determine whether island ownership is the best way of fulfilling that dream.
It IS about the Money
Island ownership is definitely for the fiercely independent types who want to carve out their own image of what paradise should be. That being said, unless money truly isn’t an object, going it alone could turn into a budget-busting proposition.
Paradise Is a Work in Progress
Many island properties will be undeveloped and will require basic infrastructure work such as drinkable water, a septic system, electricity, etc. Having the resources (or skill) to install these items is another consideration of island ownership. Keep in mind that materials and laborers will have to be brought in from the mainland requiring transportation and the associated costs.
Obtaining the proper permits from the government can also be a tricky course to navigate. As is the case with many transactions in foreign countries, language barriers and different legal systems can make the process challenging and frustrating.
Amenities and Isolation – It Can Get Lonely Out There
After settling into an island life, it can become quickly apparent that such matters as going shopping, visiting a doctor (if one is needed), even communications such as cable/satellite, internet, and telephone service are not things that can be taken for granted. Usually the only ways of transportation to larger cities and towns are by boat or plane. Both of those methods can be impacted by the weather; after all, you are out in the ocean.
While this sense of “getting away from it all” may suit some, there are others who may find the lack of ready access to modern amenities a true drawback. Careful thought should be given to what the “Robinson Crusoe” lifestyle will involve before making a commitment.
Viva Tropical Radio
On this episode we discuss Nicaragua and all its awesome potential. Barry Oliver, a real estate professional, has over 10 years of experience in the country and his knowledge will make a difference if you are considering buying or investing there.
One of the safest countries in Central America, Nicaragua is often overlooked because of its turbulent history and lack of organization. Today’s situation is much different and many have already discovered why this is one of the best options for living in Central America.
In this episode, we discuss:
- Where the best investment opportunities are located?
- How much it costs to build?
- How much beachfront property costs?
- Who are buyers in Nicaragua?
Listen to the show
You can listen to the show using the player above or grab it and listen on the go via one of the following options:
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React to the Show
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The Show Notes
Check out Barry Oliver’s Website.
Contact Barry directly.
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Blue Zones, those special places on earth where people live longer and healthier lives, first came to prominence in the ground-breaking book by Dan Buettner, Blue Zones.
Nicoya, Costa Rica is one of those unique locations where lifestyle, diet, and low stress have dramatically bettered the lives of Ticos and expats alike. Truly, Nicoya embodies the essence of the Costa Rica mantra “pura vida”– pure life.
Nicoya, Costa Rica
As a result of the publicity generated by Buettner’s book, towns in the Nicoya Peninsula, such as Nosara, are experiencing a new level of growth. Expats seeking a less frenzied existence have discovered what native Costa Ricans have known for years – that Nicoya is a special place to live, explore, and experience.
Nicoya, Costa Rica Has Been a Desirable Location from the Beginning
Even from its earliest days, the Nicoya Peninsula has been a valued location. In the pre-Colombian era, the peninsula was occupied by two groups: the Churusteca and the Nicoya. However, after a visit by the Spanish conquistador Gil Gonzalez Davila in 1523, Nicoya’s colonial era began in earnest.
From Spain to Nicaragua to Costa Rica, Nicoya Followed Its Own Course
The first chapel in Nicoya was erected in 1544 and is considered to be the oldest parish in Costa Rica. Ten years later, Pedro Ordonez was appointed magistrate of Nicoya as the whole Guanacaste region became part of what was known then as Nicaragua.
Natives of the area, called Gunacastecos, had a strong independent spirit and on July 25th, 1824 voted to secede from Nicaragua and join Costa Rica. Later, on December 7th, 1848 Guanacaste and the Nicoya Peninsula formally became a Costa Rican province.
Even today this spirit can be found throughout the peninsula. The flag of Guanacaste is still flown although the principles of “pura vida” temper this desire of a separate destiny from the rest of the country.
What Makes Nicoya a “Blue Zone”?
The term “blue zone” is defined as a region or group where the residents live longer, healthier lives. Originally used in studies done by demographers Gianni Pes and Michel Poulain of Sardina’s Nuoro County, the term was popularized by Dan Buettner in his book of the same name.
Buettner identified the Nicoya Peninsula as an area meeting the criteria for a “blue zone”. In 2007, Nicoya was the subject of a Quest Network expedition examining these findings.
Nicoya Peninsula from the air
What Expats Can Expect Living in Nicoya
Perhaps the key feature of moving to the Nicoya Peninsula is the pleasant discovery that the pace of life is slower. Three of the most popular towns on the peninsula – Nicoya, Nosara and Samara – are all small communities with a true Costa Rican “vibe” attractive to visitors, expats and locals. Amenities are basic and are continuing to be improved to provide service to the new arrivals from the U.S., Europe, and Canada.
The cost of living, while not the most inexpensive in the country, is far more affordable for those on a budget than other expat destinations such as Escazu, Tamarindo, or the Central Valley. The types of properties available for sale or rent is broad and can range from a small “tico” house to a modern residence with landscaping and pool; again, price can vary on what a particular individual is seeking as their ideal tropical escape.
Higher-end items like vehicles, appliances, and electronics are higher priced (as is the case throughout Costa Rica) since they have to be imported and are subject to import taxes. Most big ticket items would require a trip to the San Jose area since that is where the vendors who sell them are located.
Getting There and Back Again
International flights into Daniel Oduber Quiros airport in Liberia make travel from outside the country to the Nicoya region a convenient task. With the number of daily flights increasing, flight options will increase in the future.
There is a small airport at Tambor that does have scheduled flights with domestic carriers Sansa and Nature Air. There is a second airport located in Samara that does not have regularly scheduled flights. However, it is possible to arrange for private charter flights from San Jose.
There are a number of transportation options to get to the Nicoya Peninsula proper. The first option is to drive; while there are some paved roads, the number of gravel and dirt roads in the area make having a 4×4 vehicle the most desirable choice. Rental cars are available in Liberia or San Jose (if that is your initial point of arrival.)
There are buses that connect the communities in the Nicoya region with both Liberia and San Jose. This is part of the excellent public transportation system in Costa Rica and is an economical way to get where you are going and to actually have the time and freedom to enjoy the ride.
Lastly, for those seeking a different approach, the ferry from Puntarenas travels to both Naranjo (for the area around Nicoya and Nosara) and Paquera (for Tambor, Montezuma, and Santa Teresa). The roughly hour-long ride can give passengers a great opportunity to see the Gulf of Nicoya and views of the peninsula from a new perspective.
Things to See, Things to Do
The Nicoya Peninsula has a large collection of activities to go with its stunning beaches, natural preserves, and colorful villages. Whether your tastes run to pulse-pounding adventure or quiet contemplation, there is something here for everyone.
Adrenaline and Meditation – the Surf/Yoga Blend
As part of the lifestyle options available in Nicoya, there are many yoga, spa, and meditation retreats that have become world renown. Contemporaneously, surfing has become a major draw for those seeking the adrenaline rush of riding the challenging waves. In a uniquely “pura vida” approach, there are a growing number of ocean side establishments that offer both yoga and surfing in a merger of activities that challenge both participants’ bodies and minds.
Explore Natural Beauty
The Casa Blanca Absolute Wildlife Reserve, with its 3000 acres, has been rightly called one of the most scenic spots on the Pacific Coast. The Reserva Biologica Nosara is a 35 hectare reserve with trails that lead through a mangrove wetland. Well known as a great place for bird-watching, visitors can arrange for self-guided tours through the park.
One of the most ecologically important and profound experiences on the peninsula can be found at the Ostional Wildlife Reserve. It is here, during the months of August through November, where the giant leatherback and green sea turtles come ashore to nest.
These mass inland migrations, called arribadas, occur at night (usually between 8 p.m. and 4 a.m.) just prior to the new moon. Watching these special creatures heed this primal instinct is something that can truly be said to be a once-in-a-lifetime event.
Celebrations and Festivals
The Nicoya region has a number of special festivals that can allow visitors and expats to immerse themselves in the rich cultural heritage of this land. Perhaps one of the most important celebrations is the Fiestas Civicas.
Occurring in mid-January, this is a celebration of the life and culture of the sabaneros – the Costa Rican cowboys who are an essential part of Guanacastan and Nicoyan heritage. Much like their North American counterparts, this festival is a chance to demonstrate the skills of the sabanero in the form of contests and rodeos.
The week of July 20-25th celebrates the entire province of Guanacaste, including the Nicoya Peninsula, leaving Nicaragua and becoming part of Costa Rica. It is one of the major holidays of the year.
Pica de Leña, the festival of wood cutting, is held on November 12th, celebrated with music, food, and drink. A month later, on December 12th, the wood that was gathered is used for the communal cooking in the celebration of Yeguita – when the image of the dark Madonna is paraded through the streets of Nicoya and then returned to the main church where food and drink are once again served.
A Celebration of the Spirit
Nicoya is a special place where expats can spread their wings and explore what a life less encumbered may offer. Truly, this is the essence of what “pura vida” – the pure life – is all about.
Map of Nicoya, Costa Rica
Nicoya, Costa Rica Fast Facts
- Population: About 14,000
- Typical temperature: Mid 80’s
- Nearest airport with U.S. flights: Liberia, Costa Rica
- Nearest U.S. consulate: San Jose
Nestled between Mexico and Guatemala, the unique blend of eco-lifestyles, adventures on land and sea, and Mayan ruins can best be described as Sanctuary Belize. With a rich history and dynamic future, Belize offers a wide range of possibilities for expats and investors alike.
Huts
Belize today incorporates the cultural elements of its past and the potential of the future. From a center of Mayan culture to British colony and finally established as an independent state, Belize has become a growing lifestyle choice that draws expats from all over the world.
The History of Belize – A Timeline
The Mayan culture first spread into what is known today as Belize roughly around 2500 B.C. The height of Mayan influence, called the Classic Period, occurred roughly in 250 A.D. and lasted until 900 A.D. when the society suffered a collapse.
Columbus sailed near the coast of Belize in 1502, leading to Spanish occupation of the Yucatan Peninsula some years later. The first recorded settlement by Europeans in what is present day Belize, was in 1638 by a group of shipwrecked English sailors.
For the next 150 plus years, the feud between Spain and England for control of the region continued until Spain was defeated at the Battle of St. George’s Caye. Belize became a British colony, known as British Honduras in 1840, and a Crown Colony in 1862.
The country formally changed its name its name to Belize in 1973 and, on September 21st, 1981 became an independent nation. Although no longer under British rule, Belize remains part of the Commonwealth of Great Britain much like Canada and Guyana.
Things to See, Do and Explore in Belize
Belize offers a number of unique and diverse activities that can appeal to a wide variety of interests and tastes. Archeological sites, water sports, and nature explorations are all plentiful in this surprising Central American location. Below are just some of the highlights that visitors can select from.
Altun Ha Belize
Belize is home to several prominent Mayan ruins whose scope and beauty continue to inspire awe in visitors today. Altun Ha, Caracol, and Lamanai are all accessible and truly capture the essence and mystery of Mayan culture.
Ocean adventures and eco-experiences
The Belize Barrier Reef is the longest barrier reef in the Western Hemisphere and second-largest in the world behind Australia’s Great Barrier Reef. It is easily the country’s most popular attraction and provides world class scuba-diving and snorkeling to observe over 500 species of fish and over a hundred varieties of hard and soft coral.
The Blue Hole and the underwater cave systems around it are a scuba diver’s dream. Identified by the Discovery Channel as number one on a list of the “Ten Most Amazing Places of Earth,” this watery wonder attracts visitors from all over the world. It should be noted, however, that divers have to be certified in both cave diving and mixed gases in order to participate in any diving explorations there.
Belize Island
Experiencing eco-diversity first hand
Having such a wide spectrum of natural environments within its borders, Belize has made a concerted effort to promote and expand eco-tourism throughout the country. The number of tours that permit visitors to immerse themselves in dense jungles, winding rivers and the grassy plains of a tropical savanna (to name a few) fosters what is becoming known as “experiential learning.”
Expat Living and Investment
As the real estate market collapse of 2008 has receded, expats and investors are once again looking at the potential of Belize. The small population, investment friendly tax structure, and under marketing of available properties have resulted in prices far less than other parts of Central America. Other factors are also getting expat attention.
English as a first language
Belize is unique among Central American nations in that English is the official language and all laws are also written in English. Knowing that the language barrier does not exist in Belize is a major plus for many potential expats and investors looking to settle or do business there.
Property rights are equal for citizens and non-citizens
There are no restrictions on non-citizens or non-residents owning property or businesses in Belize. Property can be held in fee simple (absolute title) and it is not necessary to obtain permission or permits in order to proceed with the sale or purchase.
Low tax rates
Belize does not have capital gains or inheritance taxes; a definite consideration for retirees seeking alternatives for investment. Property taxes are also low which helps contribute to the lower market pricing as well.
It’s easy to get to Belize
Getting to Belize is convenient and accessible by land, sea, or air. Additionally, cruise ships bring in over half a million guests a year; although usually for short periods of time (one to two days).
Driving to Belize from the U.S. is an option that some expats utilize since car rental in the country can be expensive. It isn’t uncommon to see vehicles with U.S. tags driving along Belizean streets.
The requirements are straightforward and involve obtaining temporary import permits from both Mexico and Belize. The cost of these temporary permits is minimal and usually run for thirty days.
All international flights into the country are handled at Phillip Goldson International Airport located at Ladyville which is 11 miles from Belize City. Major U.S. carriers, such as American and Delta have regularly scheduled flights; regional carriers such as Grupo TACA and Maya Island Air fly in from San Salvador, Guatemala, and other Central American locations.
For the more adventurous, there are weekly boat services from both Honduras and Guatemala. These three to four hour boat rides can certainly provide a different perspective on travel in Central America from earlier times.
What is the cost of living?
While Belize is not the most inexpensive location in Central America, the cost of living is reasonable especially for items that have to be imported from the U.S. The exchange rate between the Belize Dollar (BZD) and the U.S. Dollar is fixed at 2 to 1 creating a stable price structure on imports that contribute to lower costs.
Basic utilities (electric, heat, water, garbage, internet and cable) run between $90 and $210. This could vary depending on the size of the unit, usage and location.
Rents are higher in the more popular areas, such as Ladyville, Belize City and the capital, Belmopan. Monthly rates can range from $200 to $695; for more exclusive locations that range can be much higher.
Property prices for turn-key units (apartments and condominiums) can go for as little as $215.98 per m² away from city centers to a hefty $1722.23 per m² in the city. Stand alone properties will be higher as land is also included.
Sanctuary Belize – A Model for Eco-tourism and Green Living
Perhaps one of the most ambitious projects being undertaken in Belize is Sanctuary Belize. With 14,000 acres, Sanctuary Belize is the largest development in the country and features plans for a marina, resort, and residential units.
Eco-tourism and a “green” lifestyle is the major theme for the project. There are five distinct and diverse eco-systems on the property; riverine, tropical savannah, Belizean jungle, Caribbean marine, and coral reef.
The plans for the project are designed to appeal both to visitors seeking to experience the biodiversity of Belize and expats wanting a more environmentally friendly style of living. Dedicated to supporting and maintaining conservation of nature, and eco-conscious lifestyle, holistic wellness and a wide offering of outdoor activities, Sanctuary Belize promises to be one of the most outstanding communities in Central America.
Many people interested in eco-tourism prefer to do it on their own terms and in a more rustic fashion. For those who are seeking the security and amenities of a gated development while still having access to the unique eco-tourism that the country offers, then Sanctuary Belize may be just the opportunity that you are seeking.
Other Factors to Consider
Belize is very much an emerging nation in terms of increased expat and investment traffic. While the infrastructure near major areas, such as Ambergris Caye, is well developed, locations outside those areas may prove to be far more rustic than may be desirable.
One significant for expat housing is the relatively small number of rental units available. As a result, desirable properties are at a premium. Hotel space is also limited; one estimate has placed the number of rooms at roughly 2,000 for the entire country.
Belize is definitely in a transition phase concerning its residency laws. As a result, obtaining permanent residency could be more of a challenge until the status quo has resolved.
Belize is worth a look
Taking a visit to this diverse and exciting land is the best way to find out whether Belize can be your tropical sanctuary.
Viva Tropical Radio
Yes, it’s true, you can get paid to travel! How? Just create an expedition company.
We talk to fellow travel lover Matthew Brumley and find out how he started his own expedition business. Founder of Earthbound Expeditions, Matthew talks candidly about what has worked for him and how he comes up with creative ideas that provide unique travel experiences.
He gives insight into why Costa Rica is one of his chosen destinations and how you can go back in time when you visit Cuba. If you ever thought about creating a travel-based business or are just interested in traveling with a small group of people, this discussion will inspire you.
In this episode, we discuss:
- Is it legal for U.S. citizens to visit Cuba?
- Why the sky is limit when developing unique experiences for expedition travel
- Why Matthew loves Costa Rica
And much more.
Listen to the show
You can listen to the show using the player above or grab it and listen on the go via one of the following options:
- Click here to download the mp3
- Click here to subscribe via iTunes
- Click here for the RSS feed (non iTunes)
- Click here for the show archive
The Show Notes
A “bucket list” is a collection of places to see and things to do before you die. There are so many once-in-a-lifetime activities to engage in and places to visit throughout Central America that could, literally, fill many bucket lists. Yet there are some that are truly must-see locations and unique adventures that make the Central America Bucket List one that everyone should try and check off.
Kenneth Garcia
The Central America Bucket List – a blend of history, culture, nature, wildlife, and adventure
If you’ve ever wanted to explore ancient ruins, immerse yourself in a totally different culture, stand in awe of a natural piece of beauty, get up close and personal with creatures of the jungle or try something new like zip-lining or deep-sea fishing, you have already created your ownCentral American Bucket list.
The places and activities that are listed below are not in any particular order of importance or priority. All should be seen and experienced regardless and truly appreciated for the wonders that they are; they may even inspire you to create your own list as well.
Tikal, Guatemala
Mayan Ruins – Tulum, Mexico and Tikal, Guatemala
The Mayan Civilization has long held a fascination for many people. Viewing the towering pyramids and intricate ruins can make memories that last a lifetime. Two of the best known locations that embody this vanished culture are the ruins in Tikal, Guatemala and Tulum, Mexico. Separated by only 600 kilometers, these two iconic locations symbolized the height and power of the Mayan culture.
Visiting the imposing Temple of the Jaguar in Tikal or the majestic and well preserved “City of the Sun” in Tulum, Mexico can be an awe-inspiring reminder of how important enjoying each day is and that nothing is eternal. With nearby airport access to both sites, such in the Mayan Riveria, the Central American Bucket List items are ones that everyone should see and experience.
Arenal Volcano
The Arenal Volcano in Costa Rica
Of all the volcanoes throughout Central America, none is more majestic than Volcan Arenal in Costa Rica. Still active (although quiet of late), this imposing and beautiful mountain towers over the surrounding region, including Lake Arenal, at a height of 5,437 feet and is easily accessible from nearby San Jose.
Jugrote
Lake Nicaragua
This is the biggest lake in Central America and the 19th largest in the world. Easily reached from Managua, this fresh water wonder boasts something that most fresh-water bodies of water lack: sharks. The bull sharks of Lake Nicaragua can grow up to 11 feet in length; encountering one of these predators certainly falls under the category of “Well, there’s something you don’t see every day”.
Chadica
Whitewater rafting on the Pacuare River, Costa Rica
Ranked as one of the top ten whitewater rafting locations in the world, the Pacuare River can provide the kind of adrenalin-filled adventure that should be a part of everyone’s bucket list. Combining the stunning beauty of the area with the heart-stopping class III and IV rapids, this river adventure is truly a ride for the ages.
Guillén Pérez
Meet a Mayan Shaman
With all of the recent attention paid to the Mayan Calendar and the mysticism surrounding it, the opportunity to meet and interact with a genuine Mayan Shaman could be a life-changing experience. Practitioners of this ancient spiritual craft can be found in Belize, Honduras and Guatemala and are more than ready to share their wisdom and provide a unique insight in the Mayan World.
Jasperdo
Tour the Panama Canal
Since its completion in 1914, the Panama Canal has been the major waterway between the Pacific and the Atlantic Oceans, fulfilling the dream envisioned for centuries. Modern tours through the Canal provide a special opportunity to view this engineering marvel and follow in the footsteps of explorers from the mists of history who had searched for this passage.
Galapagos Islands, Ecuador
The Galapagos Archipelago
Darwin’s visit to this group of islands, part of modern-day Ecuador, and filled with a vast collection of unique and endemic species, led him to develop his theory of evolution and natural selection. Following Darwin’s path will permit visitors the chance to discover penguins, giant tortoises, and many other creatures that cannot be found anywhere else in the world.
Tony Mendez
Whale watching in Costa Rica
The humpback whales migrate along the Pacific Coast of Costa Rica from between August and October every year. Being able to see these leviathans of the deep in their element is a magical and moving sight and should be a part of every bucket list.
Stephen Johnson
Ambergris Caye – home to the second largest coral reef system in the world
The coral reef along Ambergris Caye, Belize, is second in size only to the Great Barrier Reef in Australia. Being much more accessible than the great “Down Under” this unique and fragile ecosystem is worthy of a special place on the list.
Peace Garden Toucan
Have a toucan on your arm – the Peace Garden at La Paz, Costa Rica
Everyone has seen these colorful, comical birds but have you ever had one on your arm? At the Peace Garden, La Paz, Costa Rica, getting up close and personal with these multi-colored creatures is easier than you might imagine and certainly something that is not an everyday occurrence.
Steven Depolo
Rainforest adventures – zip-lining, hiking, waterfalls, and animals
Central America has wonderful opportunities to visit rainforests throughout the region. Zip-lining, hiking to secluded waterfalls, horseback rides through the jungle and seeing exotic birds, monkeys, sloths, and many other creatures in their natural state makes this a true bucket list item to be experienced and treasured.
Johnathan Nightingale
Monteverde Cloud Forest – home of the Resplendent Quetzal
Perhaps the best know cloud forest in the world, the Monteverde Cloud Forest has a charming and rare resident–the Resplendent Quetzal. Discovering this regal bird in the stunning backdrop of a cloud forest is a special treat that should be included in any bucket list. Stand on the Continental Divide with one foot on the Caribbean side and the other on the Pacific-something that can’t be done any place else.
Ari Bronstein
Deep sea fishing
Have you ever wondered what it would be like to have a blue marlin on the end of your line, fighting you every step of the way? Deep Sea Fishing in Costa can fulfill this “bucket list” wish; tuna, wahoo, sailfish and, or course, the mighty Marlin are all there waiting for the right angler and the right moment–a moment that can be yours.
Steven Gerner
A sea turtle haven – Tortugero, Costa Rica
For the nature lover, visiting the spawning and hatching ground for sea turtles can be a special item on a bucket list. Tortugero, on the Caribbean side of Costa Rica is the place where green, leatherback, and the rare hawkbill turtles can be seen nesting and hatching in the cycle of life. The National Park is also home to jaguars, tapirs, macaws, and monkeys.
Elena G.
The haunted island of San Lucas, Costa Rica
If paranormal investigation is part of your bucket list, the former prison island of San Lucas, Costa Rica will fulfill this desire. Long known as a haunted location, San Lucas has been featured on television and on numerous sites about ghost hunting. Bring your recorders and cameras and see if you can capture the spirits said to still remain there.
Lee Shaver
The Central America Bucket List – getting there is easy
Central America is readily accessible from the U.S. and Europe. Regularly scheduled flights to and from major jumping off points such as San Jose, Costa Rica, Panama City, Panama, Managua, Nicaragua, and Guayaquil, Ecuador–to name but a few–make getting to those bucket list locations convenient and affordable.
There are many tours and travel packages that are available that can be tailored to meet every desire and wallet size. Exploring and experiencing the wonders of Central America has never been easier.
The Central America Bucket List – living there is easy as well
As you explore, check off, and add items on your particular “Central America bucket list” you may discover that the best way to do and see everything is to actually live in Central America. With so many options available–from lots, homes, apartments, condos, and even commercial properties–living in Central America can be a desirable alternative to traveling and can place you in the heart of the experiences and adventures of a lifetime.
Good news if you’re an expat living in Latin America or if you’re thinking about making the jump: safety and security is improving in numerous regions, according to several key criteria. A recent Gallup Law and Order Index looked at local perception of crime in each Latin American nation and found several countries had made big jumps in safety.
Irving Martínez
Why is this particular survey significant?
Because it is based on residents’ personal experience with criminal elements and their feelings about how secure they are in engaging in day-to-day activity. Rather than relying on a third-party assessment, this survey used face-to-face and phone interviews to get down to the local level to see what’s really happening.
The Gallup Law and Order Index examined perceptions from 2013 and compared them to data from 2009. Three main points were considered:
- Confidence in the local police force
- Feeling of safety walking alone at night
- Incidents of property or money stolen from the participant or family member within the last 12 months
So, what did the results show?
Panama is tied at the top as the safest country in the region and went up seven points in its score over the last four years. This should come as no surprise to expats who are already enjoying the pristine beaches and undisturbed jungle of Panama’s more rural areas or to those who have flocked to Panama City, making it a premium retirement destination.
Nicaragua tied with Panama as the safest perceived country in Latin America, up nine points from 2009. Both nations have experienced marked economic growth and a decrease in crime and political violence. Rounding out the top four were Chile (up seven points) and Ecuador.
Ecuador is a fantastic study in what can be accomplished in a relatively short time to both decrease actual crime statistics and boost public opinion about security. President Rafael Correa attributes his nation’s 14-point leap in the Gallup rankings to a three-tiered approach to fighting crime:
- Increased emphasis on arms control
- Widespread judiciary reform
- Improved methods for the capturing of criminals
Ecuador’s new ECU-911 system, implemented in 2012, plays a large part in this. The program coordinates national police, firefighters, armed forces, and transit authorities, as well as other government ministries and organizations, in order to respond immediately to emergencies.
Ana Freitas
The implications are important
The implications of the Gallup Law and Order Index are important not just to your personal safety, but to global economics as well.
Let’s get macro here for a second. A country’s annual gross domestic product (GDP) is basically the sum of what everyone in that country earned in the course of a year or what they spent in a year (those two sums should be about equal). GDP is therefore a primary measure of the health of any nation’s economy.
What happens when crime goes up? GDP goes down. Tourism is reduced, police costs rise, and there is a significant loss of income from incarcerated or otherwise non-participating individuals. Gang-related crime preys on this economic vulnerability, and local businesses suffer. Moreover, foreign investors run the other way, as a bad economy is no place to put their money. The cycle continues, and it can be devastating for a country until they figure out how to turn it around, largely by decreasing crime.
Jurgen Proschinger
That’s all well and good, but what does this mean for you?
If you’re going be investing your hard-earned cash in a foreign economy, you want it to be a stable one where crime is on the downturn and GPD is climbing. This is one of the reasons Panama continues to be so popular right now. It’s been steadily raising its GDP over the last decade and is predicted by the IMF to remain solid.
The Gallup Law and Order Index confirms what many people intuitively feel about crime and macroeconomic growth. Furthermore, the survey’s use of direct contact with the participants lends it a high confidence level (95%) that may not be achievable in other less objective studies conducted by local government or police.
It’s important, too, to look at the overall trends in this survey, rather than just pure rankings. Latin America as a region has improved since 2009. And look at the numbers for Colombia and Costa Rica, for example. Colombia is now perceived as being as safe as Costa Rica. Does that make Costa Rica any less safe? No, it simply points to the strides that Colombia has made in improving its safety and security.
While there are still pocket of violence in Honduras, Guatemala, and Mexico (particularly in the U.S. border regions of the latter), overall things are looking promising for Latin America. Knowing how the locals feel about their personal safety is the first step in addressing crime issues that have far-reaching effects on both the macro- and microeconomic level.