Applying for Residency
In recent years, the number of Americans living in Costa Rica has risen significantly. Oftentimes, these expats are attracted to the country’s affordability, warm weather and “pura vida” lifestyle. However, before you pack up and move to Costa Rica, there are a few things you should know about the country’s residency laws.
Types of residency
The Costa Rican government breaks down the term “residency” into several different categories, so the first thing you should do before moving to Costa Rica is determine which one you fit into, the U.S. Embassy in Costa Rica states. One of the most popular types of residency is “pensionado,” or pensioner. This typically includes retired individuals, or other foreigners who receive a monthly pension (from the U.S. government or another source) of $1,000 or more. Typically, pensioners are required to spend at least four months in Costa Rica per year.
Another type of residency is “rentista,” or small investor. Generally, this category includes people who are not of retirement age, but make more than $2,500 per month. With this residency status, you must withdraw a minimum of $2,500 per month from your Costa Rican bank account for the first two years. Then, you can apply for permanent residency status and have this restriction removed. Like pensioners, small investors must be in Costa Rica for four months per year.
If you plan to own a business in Costa Rica, you can become an “inversionista,” or large investor. This requires you to invest about $200,000 in any business; however, this amount could be lessened if you invest in a sector the government considers a priority, like tourism or forestry. These individuals must live in Costa Rica for six months per year.
After two years as a pensioner, small investor or large investor in Costa Rica, you’ll be able to apply to be a “permanente,” or permanent resident. This will give you the same rights as Costa Rican citizens.
To live in Costa Rica, you can also apply for “residencia temporal,” or temporary residency. Various groups can obtain this status, including students, individuals who marry Costa Rican residents, select technical or professional workers and domestic servants. After being a temporary resident for three years (or being married to a Costa Rican for two years), these individuals can then apply for permanent citizenship.
For more information on obtaining Costa Rican residency and citizenship, visit the official Costa Rican immigration website.
Depending on which residency category you fall into, you will need to present the Costa Rican government with certain documents. However, all individuals who apply for Costa Rican residency will need to present select documents, including a letter addressed to the Director of Immigration explaining why residency is being requested, digital fingerprints taken by the Ministry of Public Security, a certified copy of all pages of a current passport, a birth certificate, three passport-sized photos, certificate of arrest records and proof of registration with the U.S. Embassy. These documents should be translated into Spanish by an official translator.