Costa Rica allows foreign nationals who are ‘dentists’ to get a temporary residency visa in the country. Which is the category for those who are planning to immigrate to the country and have a regular monthly income of at least US$2,500 from a guaranteed source for two years. Typically, this condition is satisfied by making a bank deposit of US$60,000 at a local bank and also by getting a commitment letter which guarantees that at least US$2,500 per month will be provided. This amount incorporates dependents (spouses and children below 25 years of age or older with disabilities). But for more dependents, a higher amount is needed. The permit is valid for 2 years and may be renewed if you still meet the requirements, i.e., make another deposit or prove a source of income. For renewals, it is necessary to prove that the income has been received in this nation and you have lived in the country at least 4 months per year either continuously or discontinuously.
The Visa holders may either set up their own company or work independently, but they are not allowed to be employed. After you have legally lived in Costa Rica for 3 or more years with any temporary residence permit, you will be eligible for permanent residence.
Permanent residency
Residential permanence in Costa Rica permits one to work as an employee for a Costa Rican employer and the minimum requirement of the annual stay is to visit the country once a year for 72 hours. It is the personal decision of the person and does not include dependents. The permanent residency is required to be renewed every 5 years.
Foreigners who are related as first-degree relatives to a Costa Rican citizen, either a spouse or a child, may also apply for a permanent residence visa. Even if they do not meet the residency requirement. In seven years of living legally with a temporary or permanent residency visa, a foreigner may apply for citizenship by naturalization. Through citizenship by naturalization, one gets the right to get a Costa Rican passport. Dual citizenship is accepted. Naturalized citizens are not usually forced to give up their previous citizenship. To be a resident, you will need to know both spoken and composed Spanish. Breeze through an assessment of the set of experiences and upsides of Costa Rica and have 2 observers to demonstrate your way of behaving and way of life.
Requirements
The document that you will present as evidence is the one issued by a competent authority or institution which will show that for a minimum period of two years. You will get a stable and permanent income that is not less than US$2500 per month. This thing will be valid if it is confirmed by a document issued by a competent authority. If your income is from abroad these must be legally and officially approved or apostilled by the proper authorities.
You will be obliged to give to the Costa Rican Social Security Fund (C. Community of Student (C. S. S.) (Social Security Fund), getting a seguro voluntario (voluntary insurance). The cost will vary according to the income received but is somewhere in the 9-10% of the stated monthly income.
Restricted nationalities
No country is officially prohibited.
Dual citizenship
Dual citizenship is accepted by Costa Rica. You are not obliged to give up your earlier nationality to acquire Costa Rican citizenship.
Documents required
- The letter of payment of fees is the receipt of payment of fees.
- Two passport-size photos.
- Proof of fingerprint record.
- Original police clearance certificate.
- The original and the photocopy of the passport, both have the same people as the owners.
- Proof of consular registration.
- Either, or, or a Certified copy of Birth Certificate (if applicable)
The original or the certified copy of the Marriage Certificate (if applicable) is the basis of the proof of the marriage.
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