Types of residency in Costa Rica.

Type of residencies, requirements and benefits

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TYPE OF RESIDENCY

REQUIRES

STAY

FAMILY

WORK

BUSINESS

PENSIONADO
(Retired)

Proof of US$600 per month income from permanent pension source or retirement fund

Must remain in the country at least 4 months per year.

Can claim spouse and dependants under 18 years of age.

Can work as an employee

Can own a company and receive income.

RENTISTA
(Renter)

Proof of US$1,000 per month for at least five years, guaranteed by a banking institution, or a US$60,000 deposit in an approved Costa Rican bank. Double income for spouse

Must remain in the country at least 4 months per year.

Can claim spouse and dependants under 18 years of age.

Cannot work as an employee.

Can own a company and receive income.

INVERSIONISTA
(Investor)

$200,000 in any business or a specified amount of investment in certain government approved sectors.

Must remain in the country at least 6 months per year.

Cannot claim spouse and dependants under 18 years of age. It must be a separate process.

Income allowed from the project.

Can own a company and receive income.

REPRESENTANTE
(Representative)

The one that applies should be a director of a company with certain requirements, such as employing a minimum number of local workers as established by the labor law, with financial statements certified by a Public Accountant.

Must remain in the country at least 6 months per year.

Cannot claim spouse and dependants under 18 years of age. It must be a separate process.

Can earn an income from the company.

Can own a company and receive income.

PERMANENTE
(Permanent)

There must be a first degree relative status with a Costa Rican Citizen (married to a citizen or by having a Costa Rican baby) or may apply after 3 years in another residency type.

Must visit the country (Costa Rica) at least once a year.

Cannot claim spouse and dependants under 18 years of age.

Can work

Can own a company and receive income.

Taken from the Website of the Direccion General de Migracion y Extranjeria (Governmental Migration Department) Dic, 2008

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