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This program applies to individuals who make a direct investment in Costa Rica of at least $200,000 USD. The investment can be made in any type of business or in real estate.
The applicant must prove that the amount already invested (not the current or future value) has a registered or verifiable value of at least $200,000 USD.
The investment can be made in any type of business, including manufacturing, transportation, hospitality (hotel, B&B, bar, restaurant, etc.), tourism industry (tours, nature walks, amusement and adventure-type parks, etc.), commercial real estate and non-commercial real estate.
This allows home purchases as an acceptable investment for the purpose of applying for residency, provided the amount invested is at least $200,000 USD. This type of investment can include not only the purchase price of a home in Costa Rica for personal use, but also the purchase of land held for future development, or for preservation, including ecological, environmental or watershed preservation purposes. Other specific requirements apply to this program.
This program applies to individuals who (1) are not yet retired, (2) do not need to work while living in Costa Rica, (3) are receiving guaranteed, unearned income of $2,500 USD per month from investments, savings or other sources, and (4) who can prove that the non-earned income is guaranteed to be received for at least a period of 24 months (2 years).
The most common method used to prove the unearned income is by means of a notarized letter from a bank or financial institution indicating the applicant has at least $60,000 USD ($2,500 x 24 months) in a long term account, and that the applicant agrees to withdraw and transfer to Costa Rica $2,500 per month for the next 24 months.
It is not mandatory that the bank account be held in Costa Rica. However, it is easier to obtain the required bank letter when the account is held in a Costa Rican bank, and $60.000 USD deposit is required.
The exact same $2,500 USD per month income requirement, or US$60.000 deposit, applies to a single, or to married applicants, or to applicants with dependent children.
This program applies to any person who is already retired from his/her usual occupation and who is already receiving pension benefits.
Must show proof of monthly income from a qualified pension plan of at least $1,000 USD per month.
A pension plan can include:
Local, state/provincial and Federal government pensions from most countries, Canadian Old Age Pension System, U.S. Social Security Administration and Railroad Retirement benefits, private company pension plans, defined benefit plans, 401K plans, school district pension, IRA/Keogh distributions, etc. To be a qualified pension plan, the pension must be payable to the resident applicant “for life.” Many lifetime annuities can also qualify as a pension.
Married Couple Pension Income:
A married couple needs to show proof of only one (1) monthly pension of at least $1,000 USD for both husband and wife to qualify to apply for residency. The pension recipient can be either spouse.
Please contact us for more information about other categories we work on-demand: email@example.com
Imagine opening your eyes in the morning to the endless blue of the ocean, sip your fresh coconut water in the ocean breeze all day every day? That’s Costa Rica for us. And it can be for you too. Reach out to us to learn more about how you can become a permanent resident in this beautiful country.
Foreigners who are qualified for this type of residence are:
- First grade bound with a costarican parent, brethren, or offspring.
- Temporary Residents with three or more years of legal residency.
Costa Rica Citizenship
When you are ready to take your love for Costa Rica to the next level, we can help you with the process of becoming a Costa Rican citizen. You’re qualified to apply for citizenship if you have spent 5 or 7 years legally residing in Costa Rica. Besides, a foreigner who gets married to a Costa Rican is eligible to request citizenship after 2 years of marriage and permanency in the country.
Marriage / Relation
This program applies to individuals who are married to or related to a Costa Rican citizen. The non-Costa Rican applicant must prove that he/she has a relationship in the first degree, either by marriage or by birth, with a Costa Rican citizen, and the Costa Rican citizen must be willing to sponsor the applicant’s residency.
This program includes applications for a spouse, son, daughter, father, mother, and unmarried siblings (brothers or sisters – age and marital status limitations apply), but the program does not include extended family members such as grandparents, uncles, aunts and cousins.