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Guarantee Deposit Countries

Increase in the Guarantee Deposit

On September 23, 2019, Costa Rica's Immigration Department (Dirección General de Migración y Extranjería - DGME also referred to simply as Migración) published new Guarantee Deposit amounts for foreigners establishing residency in Costa Rica. The purpose of the Guarantee Deposit…

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Working From Home

Costa Rica Encourages Telecommuting

President Carlos Alvarado has formally signed a work-from-home bill into law, which helps to standardize working from home as an choice. The new law sets the guidelines for the work from home approach, reinforcing Costa Rica's aggressiveness to grow the…

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Citizenship Oath

Benefits of Citizenship

Many expats and immigrants take the final step of their immigration to Costa Rican and become a naturalized citizen. We get questions about citizenship a lot, mainly what are the benefits of citizenship? Is the process difficult? Will I lose…

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Costa Rica Switches to IBAN

The Central Bank of Costa Rica (BCCR) has announced that, as of August 1, all client accounts in Costa Rica will change to the international bank account format (IBAN). The implementation of this new model changes the length of the…

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Winter in Costa Rica

How is Winter in Costa Rica? The question asked by many people. When you think of winter, what is the first image that comes to your mind? Maybe cold snow, sipping hot chocolate by the fire and maybe even a…

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