|
|
Experience... Knowledge of New Costa Rica Laws!
 |
Get Your Costa Rica Residency
The laws are changing in
Costa Rica! If you have ever lived in Latin America then you
understand that 'knowing the right people' and 'having the
right connection' is what 'Makes Things Work'
Let COSTA RICA INC Work For You
SAFE, FAST & SUCCESSFUL |
|
|
|
COSTA RICA INC - INFORMATION AND NETWORK CENTER
|
Let Our Network Professionals, that
have the connections
and experience, help you get
Costa Rica Residency
|
|
www.costaricainc.net |
cr.info@costaricainc.net
|
|
Costa Rica's Standard
Rentista and Pensionado Program
The Rentista and Pensionado program is
available
to those individuals, who
can prove a permanent and stable income from investments, pension or
retirement
benefits. The applicant must live in the country for a
period of no less than four
consecutive or alternate months, since the date of approval
of the status.
1. Pensionado
The Pensionado (Retiree) applicant,
must demonstrate a permanent fixed income, from a
pension or similar retirement
income of at least
US
$600 per month. The typical
applicant in this category,
has a government, private sector pension or social security retirement benefits.
2. Rentista.
The Rentista applicant, must demonstrate
a permanent fixed
income, of at least US $1,000 per month. Generally, those who seek the
Rentista category,
do not have a pension source and
instead have investment
income.
To apply
for this category, it is necessary to provide proof of the
investment
and it will generate the US
$1,000 per month, required under this program.
As such, the applicant must provide a letter from the
bank or financial institution, where
the investment funds
are deposited,
certifying the
existence of that income.
It is not required that the funds be held in Costa Rica.
The letter can be issued by
international banks as well as
Costa Rican banks.
The ideal
letter issued by the financial
institution,
should state the following:
(a)
That the recipient will receive at least US $1,000 per month in Costa Rica.
(b)
That the investment generates US $1,000 per month in a stable, permanent and irrevocable manner,
for at least
five years.
(c)
That the
financial institution,
issuing the letter, will notify the Costa Rican Tourism Institute (I.C.T.), if the
condition
changes.
Costa Rica's Standard
Rentista and
Pensionado Status
The application for Rentista and Pensionado status
is filed directly with
the Pensionado / Rentista Department,
at the Costa Rican Tourism
Institute (I.C.T.). Before the application can be prepared, the applicant
must compile
all the supporting documentation, that is required as follows:
1. Interpol Background Check:
This step is done,
in Costa Rica.
The
applicant first fills out an application
form, which
is addressed to the Department
of Public Security and signed by I.C.T. In it,
is a request
for the background
check, which requires
fingerprinting,
in Costa
Rica.
The background check, takes approximately one month.
2. Birth Certificate: You must provide a certified copy,
of your birth certificate
and
that of your dependents.
The certified copy, must be sent
to the Costa Rican
Consulate, for your jurisdiction for authentication.
The consulate
charges US $40. for each document
authenticated.
Be advised,
that I.C.T. will not accept
any supporting documentation,
which has not been
authenticated...
by the Costa Rican Consulate.
3. Marriage Certificate: Certified copy
of a marriage
certificate if applicable. Also
must be authenticated
by the Costa Rican
Consulate.
4. Proof of Income: If your source
is a government
pension, then obtain a
letter from
your government,
certifying the income. If the income
is from a Bank
or Financial Institution, then it must issue the letter.
All documents, should be authenticated, by the Costa Rican Consulate.
5. Police Certificate of Good Conduct: This certification
is obtained from
the police department,
where you last resided. This certification,
also needs to
be authenticated
by the Costa Rican Consulate. Note
that these certificates,
are only accepted in Costa
Rica for 6 months,
from the date they are issued.
If this document expires,
while you are pulling together
the rest of the
documentation, then you will have to obtain another one.
6. Photographs: The application requires photographs,
and we recommend
that you take at least 20 photographs
(10 facing the front and 10 facing the
side).
You will require photographs, for the background search,
the I.C.T. application
and for the Department of Immigration, so you might as well get them all at once
and keep them in the file as needed.
7. Translation of Documents:
Once you have compiled
all your documentation,
all documents, which are in English, must be translated
into Spanish. This procedure,
can generally be handled by the
Attorney that you have retained, to
process your application.
8. Sworn Statement:
The Applicant and Dependent,
must appear
before a
Costa Rican Notary Public and
issue a sworn statement, stating that
they agree
to abide by the Pensionado / Rentista law.
This statement, can be prepared, by your legal representative in Costa
Rica.
Once you have all the documentation, set
forth above, you are ready to
submit your application to I.C.T.
Generally
I.C.T. will only receive applications
that are accompanied, with ALL
the
supporting documentation.
Keep in mind, that all the original documents that
you submit become the exclusive
property of I.C.T.
and will NOT be returned to you.
Once received by I.C.T. the application
goes to
the Legal Department, within
I.C.T. who will review
all the
documentation for compliance.
If all is
in
order,
the
Legal Department will forward the application to the approval committee, for approval.
If their are defects in the application,
the Legal Department will notify your legal representative of the defect and request that it be corrected,
before
it will submit the application for
approval.
If approved, the I.C.T. will issue a formal resolution,
indicating the
date,
on
which the application was approved. The procedures that follow approval, are
related to obtaining the actual picture
residency
card and are done, directly before the Department of Immigration. It requires a prior deposit of US $100,
for each applicant and dependent, to pay for your residency identification card.
Costa Rica's Standard
Resident Investor Status
Resident Investor Status. Individuals who
invest at least
US
$50,000, in
a project which has been approved by the
Center for the Promotion of Exports (PROCOMER), as a priority investment area, may apply for resident investor
status.
If the investment is in a non
priority investment area,
then the investment
required, is US $200,000. This category, really involves two different steps.
The first is to qualify the investment, by PROCOMER,
to determine if it falls
within the
priority area.
Once this initial process has been completed and
the certification issued,
then you can
begin the application
process, which is done directly before
the Department of Immigration.
Links:
Guardian Angels CR
Relocation Specialists:
Your mentors in Costa Rica,
managing
your move with assistance in the following areas:
* Schools * Homes * Attorneys
* Immigration
* International Movers * Pet Transportation
* Doctors & Hospitals
* Banking Procedures * Culture Shock Awareness
Aside from finding the right school, we
will assist you in
locating the right home
for your family, take you to the hospitals,
the supermarkets, the embassy of your country,
assist you
in getting your drivers license, opening a
bank account, forwarding
your mail, transporting your
pets and household goods,
and everything else your
family will need during your move to
Costa Rica.
For more information contact Guardian Angels
CR Relocation Specialists
506-293-8142 or 1-877-889-1131
Email:
info@guardianangelscr.com
Website: www.guardianangelscr.com
FirstGov
Index of U.S. government info for Americans
living and traveling Abroad
Continue to Health Care in Costa Rica
Stray Reality Home
|
