Video: An attorney’s advice on gaining Costa Rica residency by investing
If you are interested in becoming a legal resident of Costa Rica, there are several ways to do so. If you are married to a Costa Rica citizen or have a Costa Rican relative you can apply under the family reunification section of the immigration law.
If you are retired and have a monthly pension of at least $1,000, you qualify for the retiree status (pensionado). Or as a rentista, an income recipient, you could demonstrate that you have a reliable income of $2,500 a month — or you could just deposit $60,000 in an approved Costa Rica bank.
Yet another option is to purchase $200,000 worth of property in Costa Rica and take advantage of the investor residency program as an inversionista.
In this video Roger Petersen, a Costa Rica attorney specializing in real estate law, explains how to gain Costa Rica residency with an investment of $200,000 in real estate.
Petersen, author of the book “The Legal Guide to Costa Rica,” has been practicing law for 22 years with a specialization in real estate transactions.
Click below to watch the video.
You may be interested
Former Latin American leaders condemn ‘breakdown in the rule of law’ in El SalvadorThe Tico Times - May 6, 2021
Some 20 former presidents of Spain and Latin America, including Felipe Calderón and Vicente Fox from Mexico, and Álvaro Uribe…
Quepos airport renovations (finally) underwayAlejandro Zúñiga - May 6, 2021
Renovation and expansion of the runway at La Managua Airport in Quepos began Wednesday and will completed before September. "The…
PAHO says region’s hospitals are ‘dangerously full’Ariela NAVARRO / AFP - May 6, 2021
PAHO, the Americas office of the World Health Organization (WHO), warned on Wednesday that hospitals in the region are "dangerously…