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Costa Rica Passport and Citizenship |
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RESIDENT INVESTOR STATUS
Invest at least:
1. US$50,000 with an approved organization in a field such as tourism or export businesses.
2. US$100,000 in a reforestation project.
3. US$200,000 in another types of business.
4. Visit Costa Rica at least once a year.
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The applicant can work in any type of endeavour in Costa Rica. The only exception would be where there
are licenses required. An example would be a Doctor would have to obtain a license to practice medicine.
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1. US$100,000 minimum investment paid into the corporation in full. (Documentation supplied
by the legal department of the Firm.)
2. Photocopies of all pages of the passport.
3. The following documents:
1. Birth certificate
2. Police record-valid for at least three months from the date of issue.
3. Marriage certificate (if married).
(These documents must be authenticated individually by the Costa Rican Consulate nearest to
the place of their issuance.)
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4. If the applicant has changed citizenship, a certificate of naturalization must be presented duly
authenticated by the nearest Costa Rican Consulate.
5. Eight front and four-side passport size (2.4 cm X 3cm) photographs taken recently.
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Costa Rican residency Status for Foreigners |
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Pensionado Source of Income- Minimum income US$600/month (or equivalent) per month from a qualified
retirement plan or pension source, such as a government pension. The qualifying income must be for the applicant only.
1. Pensionados - proof of a pension of at least US$600/month stating that it is for life and that it will be paid in Costa Rica.
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2. For pensions from the US Social security it is easier to obtain the certification at the US Embassy
in Costa Rica. 3. pensions from other government agencies (all countries) must have a letter stating that the
government pays the pension. 4. Pensions from other institutions must have a statement verifying the type of institution paying
the pension. |
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Rentista Source of Income - From an investment such as a certificate of deposit or annuity that will
generate income of at least US$1,000 per month (US$12,000 per annum). An approved financial institution
(in a foreign country or in Costa Rica) must guarantee in writing that: 1. They hold sufficient funds in a stable and permanent account to provide an income of US$1,000 per month
for at least five years and ongoing five-year periods. 2. If the financial conditions above change the financial institution agrees to notify the Instituto
Costarricense de Turismo. |
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3. The monthly income will be sent to the rentista in Costa Rica. 4. Qualifying funds are in the name of the applicant. Deposits in state owned banks are government
guaranteed without limit. |
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Other requirements for both Pensionados and Rentistas:
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1. Income must be changed into colones at a government bank or an approved private bank in Costa Rica.
2. Physical presence in Costa Rica for a minimum of 4 months each year!
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3. Renewal of identification card (carnet) every two years. The government of Costa Rica charges a
US$100 tax for each renewed identification card. 4. You and your dependents cannot earn a salary or supplant a Costa Rican in a work situation.
You can own a business and or make investments. 5. All pensionados and rentistas must submit proof of 1 and 2 above to the Costa Rican government each year.
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