COSTA RICA: Headhunting First-World Seniors

News from the web:

SAN JOSÉ, Mar 8, 2010 (IPS) – The Costa Rican government has declared retirement communities, aimed at attracting U.S. pensioners, to be “of national interest.” Plans to create “retirement clusters” providing complete health services for older adults are seen as a profitable prospect for this Central American country.

Old people as a business: this is the bottom line of the government and private sector’s new project.

Noting the rapid development of the “health cities” in Mexico and Panama, Costa Rican officials and entrepreneurs are poised to tap into the perceived gold mine among middle and upper-middle class senior citizens of industrialised countries.

The concept is simple, and includes slashing red tape to the minimum by providing one-stop residence permits at the Migration Directorate, so that foreigners, especially the well-heeled, can come to live in the country.

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