My Costa Rica Story (Part 2): The HowMar 24, 2023
In the last episode, we went through the why behind our move to Costa Rica. But how did we actually get here? I'm going to share how we did it financially and what our process has been like over the past few years!
There were many things that led to us being able to do this, from boring day-to-day saving to me taking Spanish as a kid instead of French. But at the end of the day, we were able to make a quick decision because we know retirement isn't guaranteed and we want to live for today. Tune in to find out how you can too!
"Keep doing the boring stuff, keep doing the stuff that is sustainable, that is realistic, and that actually leads to results. Because the more that you try to use riskier methods or risky ways to earn money, the more is at stake, the more that you're trying to ride the waves"
In this episode, you will learn the following:
1. How to make a big life change and move to a different country
2. How to manage a custom home build abroad
3. How to set up your business finances and save money on taxes.
What you'll hear in this episode:
- How do you decide if you really want to buy a house?
- The challenges of buying a home in a foreign country.
- Keep doing the boring stuff that leads to results.
Here are some brief snippets from this episode:
On the last episode, we went through the why behind our move to Costa Rica. How did we actually do it? By taking money out of our retirement funds tax and penalty free. It's the financial equivalent of stretching every day and drinking lemon water.
Thank goodness that my dad convinced me to take Spanish instead of French. And it's definitely held up really well. A lot of the reasons why we were able to get the house, get everything executed was my ability to communicate with the people here.
The process took forever because of construction permit issues and issues with the house. Jason says there's a version of your Costa Rica, your early retirement, your live life now type of thing. He says patience, consistency, and doing the simple things over again will win.
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The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.
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