introduction
property types
buying process
protection
financing
construction
corporation
residency
types of residency
requisites
working permits
conversion chart
disclaimer
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requisites for residency
(continues from previous page)
These are the requisites for the most commonly applied for types of residencies 'Pensionados',
'Rentistas' and 'Inversionistas', are explained.
To apply for one of the following three types of residency you require:
Pensionado - Retiree with a guaranteed lifetime pension.
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Applicant must prove a monthly income of $600. ($7,200 per year) from a qualified retirement plan or pension source.
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Applicant must reside in Costa Rica at least 4 months per year.
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Applicant must exchange his income into local currency with a local bank.
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Applicant is not allowed to receive any local salary or income other than his pension.
Rentista - Resident with Interest and or Dividend Income.
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Applicant must prove a five year monthly income of $1000, ($12,000 per year) from an
investment or dividends from a foreign pension or national bank.
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Applicant must reside in Costa Rica at least 4 months per year.
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Applicant must exchange his income into local currency with a local bank.
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Applicant is not allowed to receive any local salary or income other than his rent.
Inversionista - Investor.
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$50,000 investment with an approved organization in a field such as tourism or export business.
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$100,000 investment in a reforestation project.
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$200,000 investment in an area of business.
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Applicant is required to reside in Costa Rica 6 months per year.
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