Becoming a Legal Resident in Costa Rica

If you are thinking about living the good life inRica at least 4 months of the year.
Costa Rica or even if you just want to travelEither of these plans gives you important rights in
there regularly, you are going to want to becomeCosta Rica. Another option that is very popular
a legal resident. This is vital if you want to be ablewith those who want to be able to buy real
to do any kind of business in the country, evenestate is to form a corporation. A corporation has
just renting a cell phone. There are two fairlymany rights and enables you to do even more
simple ways to do that and they are thethan just your residency would.
pensionado and rentista programs.Another option if you have a large sum to invest,
For the pensionado residency, you need to have$50,000 or more in projects that benefit the
proof that you receive at least $600.00 or morecountry of Costa Rica, is to get investor status.
per month from a guaranteed pension, SocialSpecial projects would include tourism, exports or
Security or retirement account. Then you simplyreforestation. This shows the country that you
convert at least $600.00 a month from dollars toare truly interested in being a part of it and that
colones. You should also live in Costa Rica 4 outyou have a vested interest in the welfare of
of 12 months each year.Costa Rica. Within 2 years you can earn
For rentista, you should have financial investmentspermanent resident status. Being a resident gives
that will bring in at least $1,000 each month for 60you more access than just being a tourist and
months and again convert that money fromhelps you feel like you "belong" here. And who
dollars to colones. You should also live in Costawouldn't want that?