Costa Rica is a popular destination for expats and retirees, but obtaining residency can be a complicated process. Hiring an immigration attorney can make the process smoother and less stressful. Our immigration law firm specializes in helping clients obtain Costa Rican residency, whether for retirement, investment, work or other purposes. With our assistance, you can enjoy the beauty of the country without the hassle of constantly renewing a tourist visa.
If you are considering purchasing real estate in Costa Rica, you may have questions about the different types of residency available. While it is possible to navigate the process on your own, working with our Costa Rican immigration lawyers can simplify the process. There are several categories of residency available, each with specific requirements and conditions. Our team can help you determine which option is best for you and your family.
Residency Costa Rica requirements for Investors
One category of residency available in Costa Rica is for investors. To qualify, a foreign national must invest at least $150,000 in the country. This type of residency is granted for two years and can be renewed for an additional two years, provided the investment remains in place. After three years, investors may apply for permanent residency.
There are different subcategories that you may use:
Within the investor category, there are several subcategories available. One option is to start a new business or purchase an existing one in Costa Rica. Another option is to invest in real estate, with a minimum purchase of $150,000.
If you spend at least $150,000 on real estate this is another option to obtain residency.
Retiree residency Costa Rica requirements (pensionado)
Retirees who receive pension benefits may qualify for a temporary residency called pensionado. To qualify, a retiree must receive a government pension of at least $1,000 per month. This residency is granted for two years and can be renewed as long as the pension income continues. Spouses and children under 18 may also be included in the application.
Residency for Fixed Income (rentista)
Another temporary residency option is available for those with a fixed income of at least $2,500 per month or a deposit of $60,000 in Costa Rica. This residency is also granted for two years and can be renewed as long as the income remains. Spouses and children under 18 may also be included in the application.
Permanent Residency in Costa Rica
Permanent residency is available for those who are married to a Costa Rican citizen or have a child born in the country. This residency allows for employment and business ownership in Costa Rica.
Residency Costa Rica requirements due to marriage to a Costa Rican national
Foreign nationals who marry a Costa Rican citizen may qualify for temporary residency. This type of residency is granted for one year and can be renewed as long as the marriage continues. After three years of marriage, the resident may apply for permanent residency.
Navigating the process of obtaining residency in Costa Rica can be overwhelming, but our immigration law firm is here to help. With our expertise, you can find the right residency option for your needs and make your move to Costa Rica as smooth as possible.