Residency for Foreigners in Costa Rica: Your Guide to Moving and Living the Pura Vida Life

by Ashlee Brown

 

Dreaming of waking up to the sound of tropical birds and sipping your morning coffee while overlooking lush rainforests or sparkling coastlines? Costa Rica, with its warm culture and breathtaking scenery, has become a top destination for people seeking a new adventure or a peaceful retirement. But before you can call this paradise home, you’ll need to understand the residency options and steps involved.

Why Costa Rica?

Costa Rica offers more than just postcard views. Known for its stable government, excellent healthcare, and friendly locals, it’s a haven for expats from around the world. Whether you’re looking for adventure, tranquility, or a bit of both, you’ll find your place here.

Residency Options for Foreigners

  • Pensionado (Retiree Residency): For those with a steady pension or retirement income of at least $1,000 per month. This is a popular choice for retirees seeking a slower pace of life.
  • Rentista (Fixed Income Residency): Designed for individuals who can show a stable income of at least $2,500 per month for at least two years, or make a $60,000 deposit in a Costa Rican bank.
  • Inversionista (Investor Residency): If you invest at least $150,000 in Costa Rican real estate, a business, or certain government-approved projects, you may qualify under this category.
  • Permanent Residency: After three years under one of the temporary residency categories (or immediately, if you have a Costa Rican child), you can apply for permanent residency, which allows you to work without restriction.

Steps to Obtain Residency

  • Gather Documents: You’ll need your passport, birth certificate, police clearance, proof of income/investment, and other paperwork, all properly apostilled or legalized.
  • Submit Your Application: Apply through the Dirección General de Migración y Extranjería (Costa Rica’s immigration authority) or with the help of a local attorney.
  • Wait for Approval: Processing can take several months, so patience is key. You’ll receive a residency card (DIMEX) once approved.
  • Register with CAJA: Once you’re a resident, you must enroll in the national healthcare system (CAJA).

Tips for a Smooth Transition

  • Consider working with a reputable real estate agent who understands the needs of foreigners.
  • Visit different regions before settling down—each area offers a unique lifestyle and community vibe.
  • Brush up on your Spanish! While many people speak English, knowing the basics will enrich your experience.

Moving to Costa Rica is a big step, but with the right guidance, it can be the start of your own pura vida story. If you’re curious about neighborhoods, properties, or the residency process, reach out to a local real estate expert—they’re here to help you every step of the way.

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Ashlee Brown
Ashlee Brown

Global Advisor

+1(604) 901-2522 | ashlee.brown@engelvoelkers.com

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