Millionaires Are Moving to Costa Rica–Here’s What They Know That You Don’t
- Marc Saad | International Lawyer
- Sep 24, 2024
- 2 min read
Updated: Nov 21, 2024
As taxes rise in Canada, USA, and most parts of Europe, high-net-worth entrepreneurs and investors are feeling the pinch. Many are searching for better options, and Costa Rica is a great choice. This article will explore why making the move to Costa Rica is a smart, strategic choice for wealthy individuals.

Low Taxes
Costa Rica, known for its breathtaking landscapes and exceptional quality of life, offers high-income earners a special opportunity to retain more of their wealth. The standout feature? Its territorial tax system, which only taxes income earned within the country. If your income comes from international businesses outside Costa Rica, it can remain untaxed—provided you have the right legal structure in place. It’s a win-win, benefiting both entrepreneurs and the country’s economy.
No Capital Gains Tax on Foreign Investments
In Costa Rica, there’s no capital gains tax on foreign investments, meaning you keep 100% of the profits from stocks, real estate, crypto, and other investments outside the country. But what really sets Costa Rica apart is that even local cryptocurrency profits are completely tax-free. This is a game-changer for investors.
Strategic Location
Located in Central America, Costa Rica offers excellent connectivity for international business, with direct flights to major USA and Canadian cities. Entrepreneurs can run global operations while enjoying Costa Rica’s relaxed lifestyle and favorable tax environment.
Family-Friendly
Costa Rica is a fantastic place for families. With a thriving expat community, international schools, and safe, family-oriented neighborhoods, it offers a supportive environment for raising children. Plus, there’s no shortage of things to do—whether it’s swimming at beautiful beaches, hiking to waterfalls, exploring rainforests, or visiting animal refuges. There’s always an adventure waiting for you and your kids!
Self-Sufficiency
Costa Rica is a dream for anyone looking to live off the grid. With fertile soil and abundant mountain water, it offers everything needed for a sustainable, self-sufficient lifestyle. The country’s natural resources make it an ideal destination for those seeking independence!
Conclusion
For those looking for financial freedom, a better quality of life, and a family-friendly environment, Costa Rica has it all. With territorial taxes, a great location, and plenty of natural resources, it’s an ideal place to grow your wealth while enjoying an adventurous lifestyle. Whether you’re building your business, raising a family, or seeking a more independent way of life, Costa Rica strikes the perfect balance between opportunity and peace of mind.
Disclaimer: The content in this article is simplified for general informational purposes and does not apply to all situations. Readers should not make or refrain from making any decisions based on this information without first consulting a qualified professional. For personalized advice on your situation, we invite you to schedule a free consultation at the bottom of this page.