Costa Rica is notably welcoming to foreigners, and the combination of an excellent climate, quality healthcare, and 0% taxes on foreign-source income has made it a popular place for retirees and others to settle.
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Types of Visas
There are a number of different visas and residency permits to fit your individual situation and needs, and it’s important to know which is right for you.
Temporary Visas
U.S. and Canadian citizens do not need an entry visa. However, their tourist visits are limited to 180 days. On arrival, they must show a return ticket or proof of onward travel to another country and proof of funds of at least US$100 per month for their proposed visit.
Costa Rica also offers a Digital Nomad visa. It’s valid for 12 months and can be extended for another year as long as you’ve stayed at least six months in the country during your first year. You must have foreign employment or clients providing a minimum monthly income of $3,000. If you have family members with you, the requirement is $4,000.
Long-Term Visas
There are three popular ways to apply for temporary residency in Costa Rica. All are valid for two years and are renewable as long as you continue to qualify:
Pensionado residency for retirees requires proof of a minimum monthly income of $1,000 from a retirement fund or permanent pension source.
Rentista residency requires a $60,000 deposit in a local or foreign bank and a $2,500 monthly transfer into a Costa Rican account over two years. After 24 months, you must deposit another $60,000 to restart the process.
Inversionista residency requires a one-time investment of $150,000 in real estate, stocks, bonds, or another opportunity.
Temporary residents cannot work in the country. They can own a business, but they must hire employees to do the actual labor.
Permanent Residency
After being a legal temporary resident for three years, you can apply for permanent residency. The permanent resident permit must be renewed every five years. Permanent residents can legally work in the country.
Citizenship
Citizens by naturalization is available to foreign nationals who’ve lived in the country for at least seven years. Costa Rica doesn’t “officially” accept dual citizenship. Foreigners who become naturalized Costa Ricans must sign a statement renouncing their original citizenship. The office of Options and Naturalizations keeps these statements on file, but does not forward them to foreign embassies, nor do they check on what new citizens do about their original status. This has led to a widespread “don’t ask, don’t tell” approach to dual citizenship.
Requirements and Documentation
All documentation in any visa or residency application must be translated into Spanish and apostilled. The required documentation includes, but is not limited to:
A letter of application, addressed to the Consul of Costa Rica, stating the reason why you want a residence permit. The letter must contain your full name, nationality, birthplace and date, passport number, place and date of arrival and address in Costa Rica (if applicable), your occupation/profession, and contact information.
Birth certificate, issued by your country of origin (not older than six months).
Certificate of your past criminal record from your home country or the place you have been living for the past three years. U.S applicants should submit a Federal Criminal Background Certificate not older than six months.
Your valid passport and copies of all the pages on your passport, even blank ones.
Three recent passport-size pictures.
Proof of sufficient financial means.
Proof of fingerprint registration issued by the Ministry of Public Safety. This is not applicable for dependents under the age of 12.
Costa Rica allows applicants to submit residency requests to foreign consulates or immigration officers within the country.
Processing Time
Processing times for most residence permits are 9 to 24 months. However, applicants and their families are allowed to stay in Costa Rica whilst the application is being processed.
Cost
Most temporary residence permits cost 50 U.S. dollars per applicant, Plus a payment of between $1.25 and $2.50 for each page of documentation submitted as part of the application.
Contacts
Costa Rican Embassy in the U.S.
2114 S Street NW, Washington, DC 20008
Tel. (202) 499-2991
Email: concr-us-wa@rree.go.cr
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