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Costa Rica is ideal for living abroad and a great place to invest. Moreover, this country firmly positions itself as one of the most attractive Latin American countries for Foreign Direct Investment. There are plenty of investment options in Costa Rica – any business, including manufacturing, transportation, hospitality (hotels, B&B, bar, restaurant), tourism, and real estate.
If you (or your spouse) invest $150,000 USD in a business or a property in Costa Rica, you may apply for the Residency for Investor (Inversionista) category. You will need to show proof to Immigration of Costa Rica that you paid at least $150,000 USD for your property (home, business, any vehicle, etc.) in Costa Rica and that it is listed in the Government Registry. Click HERE to check homes for sale that qualify you for the Investor category.
*Note: If you are considering applying for your residence as an investor in Costa Rica and buying a property worth $150,000 or more, make sure that your lawyer places the real value for which you bought your property in Costa Rican National Registry.
What do you need to get your Residency in Costa Rica as an Investor?
Requirements:
• Investment of $150,000 USD in a business or a property (make sure you choose the right Real Estate Agent, click HERE for details);
• Must be in Costa Rica at least 1 day per year;
• Cannot work as an employee.
Note: The Costa Rican government is still finalizing details of new regulations (Bill of Law N. 22156) for this category, which include tax exemptions for containers of household items on first import and two personal vehicles. We will notify you as soon as the government passes this legislation.
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*:
- Proof of investment according to Immigration’s specifications;
- Criminal Background Check;
- Birth Certificate;
- Marriage Certificate (if applicable);
- Application Form and Cover Letter (CRIE will complete this for you);
- Fingerprints (we will assist you with this);
- Consular Registration (CRIE takes care of this);
- 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).
Fees & Expenses
$1850 (primary applicant),
$1150 (spouse),
$850 (child)
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).
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 are 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).