Planning to move back to Costa Rica - US tax implications.

@HappyRetirement ......As long as your cedula hasn't expired you are not going to have any problems with opening a bank account.If it has expired,no problem getting a new one expedited to you.If you have any rentals or business in the U.S. you can write off your trips back and forth, for tax purposes.Taxes on property in Costa Rica are very fair right now but as the 'global capital' pours into the in demand places of Costa Rica,that can change too.Do yourself a favor, if you are going to get involved with rentals get educated on tenants rights, they are not the on landlords favor.As you already know, it is a Tico's dream to have had your opportunity to have worked in U.S. for as long you did ! Nobody in Costa Rica needs to know that, keep it a secret with very few ! Or else you'll get exploited or treated with indifference like they do to North Americans (most won't admit it).Keep the bulk of your money in the U.S.,where the banks have insurance.Money goes missing in banks for some in Costa Rica,you have to pay for the insurance.Frankly,just comeback to enjoy your retirement,with time you can find a deal on a property but to compromise yourself with rentals or any other kind of business or job,you are asking for it---Big Time !

The USA taxes its citizens on worldwide income.  So please consider this if earning income in Costa Rica.

Right, johncrossley1. Dealing with U.S. taxes while in Costa Rica looks and feels just like dealing with them while living in the States (What fun!). You should keep the same records and you can use online tax preparation services and efile just as if you were in the States, too.