Costa Rica grants a temporary residency visa under the category of “rentista”, to foreign-nationals willing to immigrate to the country, who have a regular monthly income of at least US$2,500 from a guaranteed source for two years.

Usually, this requirement is met by making a bank deposit of US$60,000 at a local bank and by obtaining a commitment letter that at least US$2,500 per month will be made available. This amount includes dependents (spouse and minor children under 25 y.o., or older with disabilities); for additional dependents a higher amount may be required.

The permit has a validity of 2 years, and may be renewed on condition that you still meet the requirements, i.e. make another deposit or prove a source of income. For renewals, it must be proven that the income has been received in Costa Rica and you have lived in the country at least 4 months per year, continuous or discontinuous.

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