residency

The 3 most common types are:

1. "Pensionado" - Retiree:

You must be able to show proof of monthly income from a qualified pension plan of at least US$600 per month. To be a qualified plan, the pension must be payable to the resident applicant "for life."

A married couple needs to show proof of only one monthly pension of at least US$600 for both husband and wife to apply.

2. "Rentista" - Legal resident:

Unmarried Applicants: Must show proof of at least US$1,000 monthly income from interest or dividends and that its payment to the applicant is guaranteed for the next 5 years.

Married Applicants & Dependant Children: Must show proof of at least US$1,000 monthly income per spouse. Additionally, the parents must show proof of income of at least US$500 month for each qualifying child.

3. "Inversionista" - Business Investor:

There are three levels of investment based according to the business activity to be undertaken:

- US$50,000: "Key" industries including tourism and export of Costa Rican products

- US$100,000: Certain pre-approved reforestation projects

- US$200,000: All other types of businesses.