Fruit Village

Let's discuss the financial side of a Relocation.
Up front costs, ongoing costs, ways to finance, cost savings etc.
Let's discuss!

When you plan your family's move to the tropics, the most obvious thing to plan for financially is the up-front cost. It starts with the price of the property, and than the comparable cost of building a house. There could be some surprises already when you realize the price of cars and their maintenance in Costa Rica.
The thing most people don't automatically count is the ongoing costs, and they start their project with their savings to back it. Farm maintenance, infrastructure improvement, maintenance of the house, the car plus taxes will all take financial resources, so you need a plan to have this covered - preferably with a monthly income.
If you'll have a bigger farm and plan to sell produce on top of what you grow for yourselves, it may take 5-7 years before the first returns appear, so make sure you have a robust plan for the beginning of your farm years.