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If you would like to obtain residency in Costa Rica based on the financial resources you commit to bringing to Costa Rica, then the Rentista category (Fixed Income) is for you. In general, the concept is that you show that you will be a productive member of society by making a financial commitment.
How does it work? First, you need to open a local bank account in CR with $60,000 USD (we will help you with this process). Then, every month $2,500 USD out of this $60,000 USD will be available for you to withdraw. It’s your option – to withdraw it and spend it or keep it available for when you repeat the process after 2 years. But remember – you will need to prove that you have $60,000 USD AGAIN after 2 years. If you don’t use this $2,500 USD as your primary source of income every month, you will have the same $60,000 USD at the end of the 2 years term to use again. This is the best and the easiest way to obtain Rentista (Residency for Fixed Income).
Click HERE for the benefits of residency in CR and HERE for the best hospital care in CR.
What do you need to get your Residency for Rentista (Fixed Income) in Costa Rica?
Requirements:
• Requires proof of deposit of $60,000 USD in an approved bank, with $2,500 USD withdrawn every month. This requirement needs to be met during application AND every subsequent renewal (every 2 years) until you apply for Permanent Residence;
• Cannot work as an employee;
• Must be in Costa Rica at least 1 day per year.
Specifications:
• Temporary Residency – valid for 2 years, renewable;
• Can apply for permanent residency without conditions after 3 years;
• Can claim spouse and dependents 24 years of age and under;
• Can own a company and receive dividends.
Documents*:
1. Proof of fixed income according to Immigration’s specific requirements;
2. Criminal Background Check;
3. Birth Certificate;
4. Marriage Certificate (if applicable);
5. Application Form and Cover Letter (we will complete this for you);
6. Fingerprints (we can assist you with this);
7. Consular Registration (we will do it for you);
8. Eight passport-size photographs.
* – All the documents should be apostilled in your country of origin (if your home country is not part of the Apostille Convention, the documents should be authenticated or legalized in the Embassy of Costa Rica in your country of origin).
$2100 $1900 (primary applicant), $1100 $900 (spouse), $800 $600 (child) *
*– discounted prices are for CRIE service. The Government fees and other expenses associated with your residency are not included.
1st payment – To prepare and open residency case file with Immigration:
- $1300 – primary applicant
- $600 – spouse
- $500 – child
1st PAYMENT IS DUE BEFORE THE 1st APPOINTMENT *
*– 1st and 2nd payments are for CRIE service. The Government fees and other expenses associated with your residency are not included.
2nd payment – To complete the residency case file with Immigration:
- $800 – primary applicant
- $500 – spouse
- $300 – child
2nd PAYMENT IS DUE BEFORE THE 2nd APPOINTMENT *
*– The 2nd payment is due no later than 60 days after the 1st visit with Immigration
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Apart from our service fees, please keep in mind that there will be Government Fees and some additional expenses (such as translations into Spanish, Immigration Appointment, Local Fingerprints Appointment, ID card – DIMEX, Guarantee Deposit (refundable), Caja Registration).
For the details, click HERE
*Taxes are not included in the price
*All prices subject to change without notice
TIME EXTENSION FOR SUBMITTING DOCUMENTS
You have 90 days to submit all required documents to Immigration (DGME) once an application case file is opened. Let’s say a residency applicant has difficulties obtaining documents within the allotted 90-day period, and we can help. In this case, CRIE can request 1 extension of time to submit the documents (at the cost of $100 USD per time extension request).
IMPORTANT:
If we need to submit a time extension request on your behalf, you must pay for it promptly or risk having your case file thrown out by Immigration (DGME).
